Since Henry Ford’s assembly line, manufacturers have looked to reduce costs by increasing economies of scale. Larger equipment typically means larger volumes, and as the price to produce gets spread over a greater range of products, we can achieve a lower cost per unit. Increasing scale can also lead to an increase in diversification, which…

It’s important to know the difference between materials when planning operations—both in terms of product outputs as well as in terms of ensuring efficient, long-term machine functionality. When it comes to the two of the most widely used stainless steels in the world, 304 and 316, selecting the most optimal material can mean longer lasting…