People & Lifestyle

How To Run an Effective Manufacturing Business

Published

3 years ago

March 9, 2021

The manufacturing industry is the fulcrum of all the other sectors in the business world. It’s, therefore, no surprise that many business owners expect the highest production standards with consistent quality. Likewise, manufacturers themselves are always seeking innovative ways to meet the demands of their clients.

If you own a manufacturing business and you’re after more efficient ways to operate, this article gives you four ways to run a manufacturing business effectively.

Try to use the services of the experts.

There are skilled consultants for every aspect of manufacturing. For example, a production manager can offer advice on installing the right machinery to increase capacity. There’s also the financial advisor who’ll aid your financial planning, improve cash flow and maximize profit. Financial advisors can also offer the right tax strategies and potential deductions to maximize your tax benefits. Engaging the services of these experts would grossly limit capital expenditures. You save time, money, and other resources and attain the quality you desire for your business. You can also contact local old machinery dealers, for affordable options to needed equipment.

In addition, partnering with a reputable logistics company can enhance your supply chain and ensure the smooth distribution of your products. They can handle warehousing, inventory management, and fulfillment, allowing you to focus on manufacturing processes. By entrusting your logistics to experts, efficiency, cost reduction, and customer satisfaction can be improved.

Make use of innovative technology.

As stated earlier, manufacturers must seek the most innovative way to meet client demands. For this, it’s essential to use the most advanced technology that offers the right blend of consistency, efficiency, speed, and productivity. One example is a bucket elevatorused to move bulk material and products across the conveyor chain.

This includes exceptionally fragile items like eggs and sturdy ones like granite. A good bucket elevator should be durable, cost-effective, and spillage-proof. It should also have a high speed and be of low maintenance. The apt configuration by skilled IT personnel will make such a machine capable of many different functions.

Offer the requisite training to workers.

Technology is always being upgraded, and there’s always a new skill or technique to learn. When it comes to the manufacturing industry, keeping your workers abreast with the latest trends is essential.

It’s also vital to make sure your workers are as multifaceted as possible. This will make it possible for anyone to quickly and readily step in whenever another worker is absent. This will also ensure no interruption of the workflow so that the business can maintain the steady supply needed to meet market demands.

You can offer the requisite courses and qualifications for the best and most dedicated staff. Courses can include periodic training with experts on the latest protocols. The good news is that many of these courses are available online. In this way, you can also encourage staff to take online courses from reputable sites and get the needed certifications.

Keep abreast with the latest rules and regulations.

It’s really important that as a manufacturer, you’re up to date with the requisite laws. This way, you’ll have the right clearance from the regulatory bodies, and can defend yourself in case of legal suits from clients or competitors. Knowing the law certainly comes in handy, especially when concerning tax savings and filing tax returns.

Lots of people are not even aware of the prevailing tax rates for different businesses. Their company eventually ends up in a category with a higher tax bracket. By the time they’ve received clarity from a tax professional, they have already spent huge amounts of money on taxes.

As a taxpayer, it’s also important to know your taxable income. It’s also critical to know if you’re entitled to an exemption. This will help you know how best to budget and plan for the next tax year. Money saved from tax cuts can be reinvested to expand your manufacturing business to increase output and operational efficiency.

All in all, running an effective manufacturing business requires the help of experts as well as the innovative use of technology.

People & Lifestyle

Ghana Welcomes Starlink: Revolutionizing Connectivity

Published

12 hours ago

April 27, 2024

Ameyaw Debrah

The National Communications Authority (NCA) in Ghana has recently approved the satellite broadband application of Starlink, a service by Elon Musk’s SpaceX, making Ghana the eighth African country to welcome this revolutionary internet service.

This development is set to challenge existing internet providers in the region, offering multi-gigabit speeds and lower latency through satellite technology.

Ghana to become eighth African country to approve Elon Musk's Starlink.
It is currently available in seven African countries: Mozambique, Eswatini, Zambia, Malawi, Kenya, Rwanda, and Nigeria. pic.twitter.com/OpJ0dI1WsW
— Clovis T (@clovist237) April 27, 2024

Users have expressed satisfaction with Starlink’s service, citing significant improvements in speed and reliability compared to traditional providers. The service is currently available in seven African countries: Mozambique, Eswatini, Zambia, Malawi, Kenya, Rwanda, and Nigeria.

Recently got Starlink, and so far better than any residential internet provider I’ve used in this country tbh
— remi (@alo_aderemi) April 27, 2024

This expansion is expected to foster healthy competition and better offers, breaking the monopoly enjoyed by some internet providers. As Starlink continues to expand, it promises to revolutionize network access and connectivity in Africa, providing a much-needed boost to internet access across the continent.

People & Lifestyle

#AOTY2023: King Promise vs. Stonebwoy

Published

13 hours ago

April 27, 2024

Ameyaw Debrah

The debate over King Promise’s candidacy for Artist of the Year has sparked a lively discussion among social media users, with arguments both for and against his potential win.

Those saying King Promise should rather win song of the year and not Artiste of the year cuz Patapaa too had one big song, did Patapaa do all this? Greg is winning this, forget the Stonebwoy shouts pic.twitter.com/ICfLI1nBaf
— Twilight (@the_marcoli_boy) April 27, 2024

Supporters highlight his sold-out shows in Asia and the impact of his music, while critics point to other artists like Stonebwoy and Black Sherif, questioning the fairness of the awards process.

You are telling me King Promise isn't Artiste of the Year? let's be serious 😂pic.twitter.com/k8KDiilWsP
— Twilight (@the_marcoli_boy) April 26, 2024
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The discussion showcases the diverse opinions and passion surrounding the music industry in Ghana and beyond, with users engaging in playful banter and humorous remarks while presenting their arguments.

Ur artist of the year our artist of the year my artist of the year their artist of the year @stonebwoy #StonebwoyForAOTY 🔥🔥🔥🔥all this history was made just last year December @GHMusicAwards pic.twitter.com/R0biHkhdEx
— Hernandez Gh✊🏾🔥 (@HernandezGh35) April 27, 2024

People & Lifestyle

‘Dubai in Accra’ set to thrill Ghanaians on Sunday, April 28

Published

1 day ago

April 27, 2024

VJ Scaro

In the heart of Accra, excitement buzzes as the city eagerly anticipates the grand spectacle known as “Dubai in Accra,” set to take place this Sunday 28th April 2024 at the prestigious Stanbic Heights, Icon House Airport. (more…)

People & Lifestyle

Celebrating 25 Years: Otumfuo Osei Tutu II’s Reign

Published

2 days ago

April 26, 2024

Ameyaw Debrah

Celebrating 25 Years: Otumfuo Osei Tutu II's Reign

Today marks the 25th anniversary of Otumfuo Osei Tutu II’s reign as the Asantehene, the King of the Ashanti Kingdom.

Otumfuo Osei Tutu II: Celebrating 25 Years of Local and Global Impact.
Showing on @GTV_Ghana and streaming on all our social media platforms on Sunday, April 28, at 8:30PM.#Asanteman #OurCultureOurHeritage pic.twitter.com/g3u0Ql5q6i
— GTV Ghana (@GTV_Ghana) April 26, 2024

The celebrations, which began with spectacular fireworks witnessed by Otumfuo himself, will culminate in the Silver Jubilee anniversary on Akwasidaekese on June 12 at Dwabrem, Manhyia Palace.

This milestone is a testament to Otumfuo’s impactful leadership, dedication to the Asante people, and contributions to education and research as the Chancellor of KNUST.

❤️ @AkwaboahMusic meets The King of Ashanti Kingdom Otumfoc Osei Tutu II. pic.twitter.com/wdvlulV7Ez
— FELICIA OSEI (@Osei_Feliciaa) April 26, 2024

The event is being celebrated across Ghana, with well-wishes and congratulations pouring in from various quarters, highlighting the significance of this occasion for Asanteman and Ghana as a whole.

People & Lifestyle

Mr. Beast in Ghana: Surprising Visit Sparks Excitement

Published

2 days ago

April 26, 2024

Ameyaw Debrah

World-renowned YouTuber Mr. Beast, known for his philanthropic acts, has been spotted in Ghana, specifically in Accra and Tema, sparking excitement among locals.

Wow, Mr Beast is in Ghana! Look at how boys are gathering to take pictures with him. pic.twitter.com/46gawXYWnJ
— Big Kay🇬🇭 (@OfficialBigkay) April 26, 2024

His visit has led to discussions about his choice of Ghana over other African countries, with some suggesting that the country’s popularity as a tourist destination played a role.

MrBeast is in Ghana and no one is talking about it? Make I step out more times I go get new phone or car saf pic.twitter.com/AUP9CSoDoV
— Kofi Ntim (@NtimBarima) April 26, 2024
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Mr. Beast’s presence in Ghana is part of his global outreach, as he recently gifted a Ghanaian $25,000 as part of his X (Twitter) giveaway.

The YouTuber has been seen exploring the country and interacting with locals, with many expressing their desire to meet him and participate in his charitable endeavors.

People & Lifestyle

Stephen Appiah to contest John Dumelo and Lydia Alhassan in MP race for Ayawaso West Wuogon

Published

2 days ago

April 26, 2024

Ameyaw Debrah

Stephen Appiah to contest John Dumelo and Lydia Alhassan

Former Black Stars captain Stephen Appiah is set to enter the political fray by rubbing shoulders with notable personalities in the upcoming general elections.

The former Juventus midfielder is believed to be lacing his boots to face the likes of John Dumelo and the incumbent member of Parliament for the Ayawaso West Wuogon Constituency Lydia Alhassan.

While Dumelo and Alhassan represents the NDC and NPP respectively, Appiah is expected feature in the elections as an independent candidate.

This was revealed by the Spokesperson of the Ayew family Fiifi Tackie via X on Friday afternoon.

“Stephen Appiah to contest Ayawaso West Wuogon constituency as an independent Parliamentary candidate,” he wrote.

If Stephen Appiah affirms the reported news, he will be following in the footsteps of other renowned figures in Ghana football who have indulged in politics recently.

Earlier this year, all-time top scorer of the Black Stars Asamoah Gyan was appointed as the sub-committee chair of Youth and Sports in the campaign committee of Dr Bawumia, the flagbearer of the ruling New Patriotic Party.

In acceptance of the appointment, Gyan emphasised the need to share hos ideas garnered through experience in the game.

Anas took $100,000 to stop documentary release – Kwesi Nyantakyi
‘I have enough experience to contribute to sports – Asamoah Gyan reacts to political appointment
“I always ask myself, how do we create change if we don’t want to change? How do we spectate without being on the bench, and how do we score without being on the field?… All I know and will ever know, all I love and will ever love is SPORTS.” he stated.

Another figure in Ghana football who recently announced his intention to engage in partisan politics is Kwesi Nyantakyi, former Ghana Football Association (GFA).

The former football administrator showed up as one of the candidates to contest in the NPP primaries for the Ejisu constituency following the demise of incumbent John Kumah.

However, it didn’t pan out well for the former Wa All Stars owner as he lost disappointingly.

He garnered a paltry 35 votes after close to 1,081 delegates had cast their votes in the parliamentary primary of the New Patriotic Party (NPP) held in the Ejisu Constituency on April 13.