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By David Radin, CEO, Confirmed Artificial intelligence is already proving effective in many roles in manufacturing-related industries where data is plentiful, sensors could be placed strategically to understand current situations, and process is king. It’s also taking hold in accounting roles.  One of the keys is to think beyond Generative AI, the type of AI that has been getting media buzz for the last year due to the big…

By Lindsay Andrews, CPA, Partner, Louis Plung & Company Lean accounting principles focus on aligning accounting practices with the core principles of lean manufacturing to eliminate waste, improve efficiency, and drive continuous improvement. Lean accounting systems provide financial and nonfinancial information necessary for management to drive financial success and make informed decisions based on the relevant data. Key elements of lean accounting principles include: Value-Based Measurement: Lean accounting focuses…

As Women's History Month unfolds, it's a time to celebrate the extraordinary contributions of women in various fields, including manufacturing. Among the trailblazers is Lori Albright, whose journey from the inception of Stellar Precision Components to assuming the role of President embodies resilience, dedication, and innovation. Lori's association with Stellar Precision Components dates back to its founding by her father in 1979. From the outset, she was immersed in…

As we celebrate Women's History Month, it's a time to honor the pioneering women who have left an indelible mark on the manufacturing industry. Among them is Melissa Monarko, whose journey from assisting at her father's machine shop to leading Metal Solutions Inc. exemplifies the resilience and ingenuity of women in manufacturing. Melissa's foray into manufacturing began during college summers, where she lent a hand at Metal Solutions Inc.,…

As we honor Women's History Month, it's imperative to shine a spotlight on the remarkable women who are shaping the manufacturing landscape, defying odds, and breaking barriers. Emily, President of Somerset Welding & Steel, shares her candid journey, illuminating a path towards greater representation of women in the traditionally male-dominated industry. Emily's narrative is one of perseverance and determination. She candidly acknowledges that her ascent to leadership was not…