Increased Adoption of Automation and Robotics in the Manufacturing Industry

Nina Conner Manufacturing

By Patti Gander for AssuredPartners The manufacturing industry has continued incorporating automation and robotics into its manufacturing processes. Although there are several reasons for this transition, some key driving factors are increased productivity, greater efficiencies, and overall improved quality. Additionally, the manufacturing industry, like many other industries, struggles to find people to fill the job vacancies. As robots become more flexible and collaborative, they are being implemented to work cooperatively and safely with operators. Robots are capable of handling complex tasks and can easily be adapted to changes in production requirements. Robots are even being integrated with other technologies, further enhancing their capabilities and enabling real-time data analysis for optimization. Included in the manufacturing industry’s move towards a greater emphasis …

Manufacturing in 2023 and Beyond

Nina Conner Manufacturing

By Patti Gander for AssuredPartners Manufacturing continues to be a topic of discussion across the United States and globally, as the industry still struggles with supply chain disruptions and a shortage of skilled labor. Although there is no crystal ball to accurately predict what will be some of the driving forces in manufacturing, here are some potential key factors facing the industry. 1.      Increased adoption of automation and robotics: The shortage of skilled labor and the ever-increasing demand for higher output, lowered costs, and increasing expectations of product quality mean manufacturers will likely look at automation and robotics as a solution. Where automation and robotics have been adopted by the larger manufacturing companies, mid-sized and small manufacturers are beginning to adopt these …

What is the Manufacturing Skills Gap?

Nina Conner Manufacturing

By Patti Gander for AssuredPartners The manufacturing skills gap has been a topic for several years and that gap continues to expand. What is the manufacturing skills gap? The skills gap refers to the disconnect between the skills and knowledge that employers in the manufacturing industry require, and the skills possessed by the current workforce. The gap is created by several factors, including: An aging workforce Advances in technology Population growth is decreasing causing more competition for the available workforce Manufacturing is not often thought of as a career path Changes in the nature of manufacturing jobs. As older workers retire, they take their skills and knowledge with them, leaving a gap that is difficult to fill. At the same …

What Manufacturers Need to Know About Loss Control

Nina Conner Manufacturing

Q&A with Ryan Overly, Risk Control Consultant with Murray, an AssuredPartners company By Jenn DeWalt, Business Development Specialist, Murray This is the fifth and final part of a series on safety considerations for manufacturing companies: The first part of the series covered specific loss control considerations manufacturing companies need to consider regarding workers’ compensation and keeping their employees safe. The second part covered information on the top causes of loss in the manufacturing industry. The third part of the series covered valuable tips on keeping drivers and fleets safe. The fourth part covered details on both the virtual and online safety techniques that Murray offers for their clients. The fifth part of the series addresses specific risk management and loss …

What Manufacturers Need to Know About Loss Control

Nina Conner Manufacturing

Q&A with Ryan Overly, Risk Control Consultant with Murray, an AssuredPartners company By Jenn DeWalt, Business Development Specialist, Murray This is the fourth part of a series on safety considerations for manufacturing companies: The first part of the series covered specific loss control considerations manufacturing companies need to consider regarding workers’ compensation and keeping their employees safe. The second part of the series covered information on the top causes of loss in the manufacturing industry. The third part of the series covered valuable tips on keeping drivers and fleets safe. Almost $1.2 billion is paid out every week in our country for workers’ compensation claims.  Manufacturers in particular may be experiencing what often seem like small incidents, but those small …

What Manufacturers Need to Know About Loss Control, Pt. 3

Nina Conner Manufacturing

Q&A with Ryan Overly, Risk Control Consultant with Murray, an AssuredPartners company By Jenn DeWalt, Business Development Specialist, Murray This is the third part of a series on safety considerations for manufacturing companies: The first part of the series covered specific loss control considerations manufacturing companies need to consider regarding workers’ compensation and keeping their employees safe. The second part of the series covered information on the top causes of loss in the manufacturing industry. Almost $1.2 billion is paid out every week in our country for workers’ compensation claims.  Manufacturers in particular may be experiencing what often seem like small incidents, but those small claims are certainly adding up. Ryland Overly, GSP, Risk Control Consultant from Murray’s Risk Management …

What Manufacturers Need to Know About Loss Control, Pt. 2

Nina Conner Manufacturing

Q&A with Ryan Overly, Risk Control Consultant with Murray, an AssuredPartners company By Jenn DeWalt, Business Development Specialist, Murray This is the second part of a series on safety considerations for manufacturing companies: The first part of the series covered specific loss control considerations manufacturing companies need to consider regarding workers’ compensation and keeping their employees safe. Almost $1.2 billion is paid out every week in our country for workers’ compensation claims.  Manufacturers in particular may be experiencing what often seem like small incidents, but those small claims are certainly adding up. Ryland Overly, GSP, Risk Control Consultant from Murray’s Risk Management team, offers information that can help those businesses in the manufacturing industry develop a better safety culture. Q: …

What Manufacturers Need to Know About Loss Control

Nina Conner Manufacturing

Q&A with Ryan Overly, Risk Control Consultant with Murray, an AssuredPartners company By Jenn DeWalt, Business Development Specialist, Murray This is the first part of a series on safety considerations for manufacturing companies: Almost $1.2 billion is paid out every week in our country for workers’ compensation claims.  Manufacturers in particular may be experiencing what often seem like small incidents, but those small claims are certainly adding up. Ryland Overly, GSP, Risk Control Consultant from Murray’s Risk Management team, offers information that can help those businesses in the manufacturing industry develop a better safety culture.   Q: Are there specific loss control considerations for manufacturing companies regarding Workers’ Compensation? A: Yes! While manufacturing companies are the same in some basic …

Seven Manufacturing Trends for 2022

Denise Gillin Manufacturing

Shared from Wolters Kluwer To stay one step ahead of industry trends and keep pace with the competition, technology innovation has taken a front seat. But manufacturers must also remain agile and find ways to rapidly respond to customer demand. Given this, here are seven key manufacturing trends to watch for. Onshore instead of offshore Shifting from B2B to B2C Additive manufacturing (3D printing) Predictive maintenance Increased automation Securing talent for the new workplace Sustainability For more details>>>

Latest Trends in the Industrial Real Estate Sector Here to Stay

Denise Gillin Insurance, Manufacturing, News

By John Dettleff, Senior Managing Director, Brokerage, JLL for AreaDevelopment.com The United States will need one billion square feet of industrial space over the next five years to keep up with e-commerce demand — one billion! Throughout the COVID-19 pandemic, much attention has been paid to the future of office, but the industrial market is experiencing a similar tectonic shift. Prior to the onset of the coronavirus, the increase in online sales was driving growth in the industrial real estate sector. JLL found that nearly 35 percent of all industrial leasing was attributed to e-commerce pre-pandemic. After March 2020, as online sales experienced an explosion in growth, demand for distribution space skyrocketed, accounting for the majority of all industrial leasing …