In a previous article, we talked about the different ways companies in the steel industry are saving money to remain competitive. Bringing costs down can help you and your steel business remain competitive, even in today’s economy. That said, not all savings are worth making.
Many companies are exploring new ways to bring down costs and save money to improve their profit margin. Just because you are in the steel business doesn’t mean you should accept the costs as they are. Here are some ways to cut down costs so
For as long as there have been oceans, there have been people traveling on them. As this travel grew more sophisticated, the ships used for it grew more complex as well. Wood was replaced by ever-improving alloys of steel, filling countless roles in the ship’s
The majority of today’s steel-based projects are pre-fabricated, which means companies can utilize their own production facility to produce the necessary items. The only task required on-site is assembly. With most projects, assembly is very straightforward and requires only a small team of trained workers.
When it comes to various business maintenance, we are often seeking out the tool that will do it all. While an industry-specific tool would be most helpful, we aren’t always that lucky to have such tools at hand. That’s where CMMS software can come in
The demand for steel to be used as a material for building is growing in the construction industry. The high strength, adaptation to prefabrication, ductility, speed of erection, and more have always been characteristics that are attractive to developers and consultants. Today, construction projects tend
Nowadays, having just one job is not going to cut it. And no, this is not about getting more money than what we are all getting from day job salaries. People have just recently found a drive to start their own business, whether it is
There’s a saying in the aircraft manufacturing industry: “Lighter is better.” After all, with lighter parts, comes huge savings for the airlines that operate the aircraft. It all comes down to fuel efficiency after all. According to a press release in 2012 by the IATA,
Being a business owner can be incredible and lucrative. However, it can also be scary. You are responsible for your employees, your clients, your business, and everything in between. This means you have to keep your employees safe, your business afloat, and protect your client’s
The steel industry has been facing a tough time in Britain. As the entire industry threatens to collapse, thousands of jobs are at stake. If this all sounds like you’ve heard it before, then chances are you lived through the 80s. In that decade of
