How Downtime Impacts Manufacturing

Accurate and real-time management of your critical manufacturing components is vital to your business. Without it, you could experience one of the worst things to happen to your operations - unplanned downtime. When production unexpectedly stops, your lost revenue is 15x more than a scheduled downtime. And considering that asset maintenance can run as high as $3 million per incident, your unplanned downtime could decimate your profit margin depending on your industry. For example, the average automotive manufacturer loses $22K every...

Read more...

Is your Inventory Management Keeping You In The Dark?

As your retail business grows, inventory management has become more complex. Knowing what you have, and more importantly, what you don’t have, is vital to your success. But what you used to do with just a clipboard, pen, and flashlight, now requires a more efficient, modern solution. To manage your retail inventory more accurately and easier, you need scalable tracking solutions like MSM Solutions’ PortalTrack barcode and RFID technology. This will give you the visibility you need to better track...

Read more...