Consumer inflation is declining, but business costs are a different story, challenging many companies. A little relief is in the cards, but not enough to compensate for smaller increases in product ...

Doors for automobiles are assembled on a highly automated flex line at Forvia's manufacturing plant, in Saline, Michigan, March 4, 2024. Long used mostly for the “dull, dirty and dangerous” tasks in ...

Other automated processes that play a key role in high efficiency rates include scheduling, purchasing, inventory management, ...

For the first time since the Smoot-Hawley Act of 1930, tariffs are not just a tool of U.S. economic policy — they’re its most expansive and aggressively used tool. So far, markets have responded ...

This is part two of a five-part series. It was recently updated to make it free to readers. CIUDAD JUÁREZ, Chihuahua, Mexico –Technology, cultural differences and global trade converge in the Foxconn ...

American companies eager to bring manufacturing jobs back from overseas are hitting an unexpected roadblock that’s forcing them to abandon reshoring plans despite strong political support and supply ...

Nonfarm productivity increased 1.2% in the last quarter of 2024 from the prior quarter, lagging the +1.8% consensus and slowing from the +2.3% rise in Q3 (revised from +2.2%), according to Bureau of ...

As 2025 progresses, manufacturers are seeing small signs that cost pressures are easing. But inflation, tariffs, and geopolitical instability remain critical challenges, requiring a shift from ...

China’s decisive source of global competitive advantage lies in its weak labor protections. And it’s driving a race to the ...

Forbes contributors publish independent expert analyses and insights. I write about transforming businesses through technology & innovation. Now, suddenly, we’re at the precipice of making the science ...