Prime Advantage Blog

What to Know When Considering Volume LTL Shipments

Posted by Guest Contributor on Apr 11, 2017 10:50:00 AM

Prime Advantage has invited industry experts to share insights on achieving manufacturing and business success. In this post, Neal Willis of ReTrans Freight, discusses the pros and cons of shipping volume LTL.  

For most carriers, shipments begin to meet the cubic capacity limits around 750 cubic feet, which is roughly around 7 pallets and/or 6,000 lbs. When freight begins to approach these dimensions, it’s always wise to check LTL carrier volume rates for further options. Even though it doesn’t fill an entire trailer, shippers sometimes opt to send these moves via full truckload as a more economical alternative. Volume LTL is often overlooked as a cost-effective option and offers several advantages over full truckload or regular LTL.

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Topics: Industry News

U.S. Manufacturers are Exceedingly Optimistic About Business Growth

Posted by Mike McDonald on Apr 6, 2017 1:15:00 PM

Prime Advantage recently released the findings of its ninth edition of the CFO Survey, revealing the current and future financial health of midmarket manufacturers across a variety of sectors. The results show that optimism in manufacturing among our Members is at its highest levels since the annual survey’s inception, as well as the most positive outlook for the economy in years.

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Topics: Manufacturing, Industry News

Is Your Company's Cybersecurity Unprepared?

Posted by Alison Chebuhar on Apr 4, 2017 1:45:00 PM

The Internet of Things (Iot) and smart devices have made our lives a whole lot easier. We can put a pot of coffee on, adjust the room temperature, and turn on the lights, all as we’re pulling up to our driveway. In the workplace and on manufacturing plant floors, smart machines connect to each other to create harmony in production, use thousands of sensors to make modifications in real-time, and can even repair themselves. At the rate technology advances in the modern age, the present seems more like that future than ever before.

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Topics: Industry News, Analytics and Technology

3D Printing and its Disruptive Abilities

Posted by Guest Contributor on Mar 14, 2017 10:30:00 AM

Prime Advantage has invited industry experts to share insights on achieving manufacturing and business success. In this post, Matthew Murray of Notable discusses the impact 3D modelling may exert on the manufacturing industry.

The term “disruptive” simply means “to change the normal way of doing something, interrupt the normal progress of something, or to turn order into disorder.” So what makes a process or an invention disruptive?

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Topics: Manufacturing, Industry News

Reduce Your Healthcare Costs with Simple Technologies

Posted by Mike McDonald on Feb 9, 2017 3:00:00 PM

Healthcare spending continues to put more and more of a strain on employers and their employees with each passing year. As national healthcare reform looks to be a continual and unpredictable process, it’s up to individuals to find small ways to save on healthcare expenses wherever they can; in hope that all those little reductions will add up to something significant. Leveraging various easy-to-use technologies is a great strategy to employ to reach this goal.  

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Topics: Industry News

The Top Global Risks Affecting Procurement Today

Posted by Dan Grant on Jan 31, 2017 11:15:00 AM

Procurement professionals are always striving to not only make better decisions, but to make them more rapidly. The level of intelligence purchasing departments can attain on precisely where supply chain risks lie, as well as on the most cutting edge solutions to dealing with them, will dictate how successful they are in reaching these goals. According to Spend Matters, as supply chains become increasingly global, the possible threats become more and more of a moving target.

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Topics: Industry News, Procurement

Achieving Better Supplier Relationships with Better Data

Posted by Guest Contributor on Jan 26, 2017 11:00:00 AM

Prime Advantage has invited industry experts to share insights on achieving manufacturing and business success. In this post, Stephanie Dula, Communications Manager at PayStream Advisors discusses strategies for better corralling procurement data.  

Today’s procurement professionals are seeking new ways to gain visibility into the massive transaction volume that accompanies digitized business processes. In an ideal world, this data is visible, meaningful, and actionable. But we don’t exactly operate in an ideal world. Much of the data challenges that operations wrestle with are related to their supplier networks. In fact, poor data management ranks as the number one obstacle to smooth supplier relations according to PayStream Advisors.

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Topics: Industry News, Supplier and Member Best Practices

The Top Five Time Management Apps for Business Professionals

Posted by Guest Contributor on Jan 24, 2017 11:00:00 AM

Prime Advantage has invited industry experts to share insights on achieving manufacturing and business success. In this post, Jason Dasher of Commercial Truck Financing discusses the apps everyone in the business world needs to save time.

Time is one of the most important resources for a company because it plays a key role in determining productivity and profitability. Unfortunately, time management depends on other factors of production such as workplace policies, collective staff morale, as well as financial incentives.

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Topics: Industry News, Talent and Leadership

Why We Are Failing Faster Than Ever (Part 2)

Posted by Guest Contributor on Jan 17, 2017 3:00:00 PM

The Case for a Revolution in Supply Chain Management

Prime Advantage has invited industry experts to share their insights on the present and future of manufacturing success. In this post, Chad Smith of Demand Driven Institute discusses the new approaches that must be implemented for supply chain management success in today’s marketplace.

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Topics: Supply Chain, Industry News

Our Emotional Intelligence Holds the Key to Our Success

Posted by Mike McDonald on Jan 6, 2017 2:00:00 PM

Everyone’s familiar with what intelligence quotient (IQ) is, and probably hopes his or hers is off the charts. But it turns out, a person’s emotional quotient (EQ) is even more predictive of one’s success. Emotional intelligence is the capability to accurately assess your own emotions, as well the emotions of others. And then to manage or adjust your conduct based on this assessment in effort to achieve your goals. Studies have shown that people with higher EQs also have greater job performance, leaderships skills and overall mental health.

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Topics: Industry News

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