About once a year (usually during the Christmas holiday) we also delve into the depths of the dry goods cabinets, tossing some of the stuff that hasn’t moved, and restocking everything else neatly according to item, shape, size etc. If we’re lucky, the fruits of those labors might last until New Year’s Day. So why do I tell you all this, and what does it have to do with inventory?
For quite some time the subset of countries known as the BRICs have been the primary targets of U.S. manufacturers looking for either less expensive production settings or a new market in which to grow. I recently sat down with Kishore Rao, principal and lead consulting partner for the Emerging Markets practice at Deloitte Consulting LLC to discuss their continued impact, and possible replacements.
hybris today announced the full schedule and speaker lineup for the Game Plan B2B E-Commerce Forum, being held in Chicago, IL from Oct. 8 – 9, 2013. Game Plan is an open forum where manufacturing, wholesaling and distribution executives gain insight from thought leaders and industry peers about their experiences in developing e-commerce strategies for customer demands.
Manufacturers recognize the cost associated with a supplier failure. The repercussions impact the entire supply network like an immediate domino effect where nobody wins. When a supplier fails, there is also the added cost of changing out or replacing the pieces being supplied. When you consider the impact across the business, all three departments need to recognize the urgency to partner with suppliers.
Economic activity in the manufacturing sector expanded in August for the third consecutive month, and the overall economy grew for the 51st consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
Questions about low sugar prices, dry growing conditions, discolored product and a bloated North American market due in large part to Mexican exports had American Crystal Sugar Co. officials reeling in recent weeks. But CEO David Berg told employees this week on the company blog about plans by Mexico's soft drink industry to buy more of its own cane sugar.
Infor has recently announced its Infor Enterprise Asset Management (EAM) Analytics suite, which is designed to help companies get better business intelligence (BI) and data visualization. By using Infor BI 10x as a foundation, users can more easily mine data and examine trends to help make more accurate decisions about the future of their business.
Shell Oil Co. is seeking ethane suppliers for its proposed petrochemical complex in western Pennsylvania. The company says in a statement Tuesday that it will accept bids from August 27 to October 4, 2013. Shell is still a year or more away from making a final decision on whether to build the multi-billion dollar plant at an industrial site about 40 miles north of Pittsburgh.
With more globalized supply chains and the trend of working with more and more third parties, it’s critical that manufacturers keep a strong hold on the flow of materials from one location to the next. This is even more important in the automotive world, famous for using a dizzying number of suppliers to make even the smallest components of a vehicle.
Motorola Solutions, Inc., a leading provider of mission-critical communication solutions and services for enterprise and government customers, today announced the results of a research study that details shifts in the plans of warehouse professionals across several industries as they respond to new opportunities in the market and mounting pressures inside their organizations.
We're very excited to invite Will Pape, Co-Founder and Executive Vice President of TraceGains, to the show. TraceGains assist food and beverage manufacturers in ensuring that their raw ingredients are compliant with their specifications and that the supporting documentation for the ingredients are in order. As you listen to today’s episode it will quickly become apparent how TraceGains’ services can be vitally important to food and beverage manufacturers.
Maker's Row is directly in the middle of what could very well become a new era in American manufacturing, in which the boutique rules, and where manufacturing is within reach for essentially anyone with an entrepreneurial spirit. It could truly change the financial outlook of many smaller contract manufacturers, and enable a whole new generation of “makers.”
June U.S. manufacturing technology orders totaled $426.83 million according to AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was down 5.8 percent from May and down 5.7 percent when compared with the total of $452.75 million reported for June 2012.
Even in the B2B world, that landscape is changing. Because more procurement people — and manufacturing professionals on the whole — are increasingly familiar with simple and elegant B2C e-commerce online, they’re starting to bring some of those demands into their acquisition process.
The bottom line is this: We run a customizable state. We don’t attempt to steer companies or campaign for business plans that benefit our state over the business. We look for strong companies, provide them the resources they need, and let them conduct business as they see fit. We make sure South Carolina is just right for all of our companies, and it works. In South Carolina, business is part of the culture.
If you are involved in quality and operations decisions for manufacturing or supply-chain management, one of your most important responsibilities is to ensure that the final output of your plant is in compliance with internal and external quality standards.
The investigation reflected intensifying scrutiny of business under China's 5-year-old anti-monopoly law. Most targets so far have been foreign-owned. It was carried out against the backdrop of Chinese probes of possible bribery and other misconduct by global suppliers of pharmaceuticals and other products.
Economic activity in the manufacturing sector is at its highest levels since June 2011, say the nation’s supply executives in the latest Manufacturing Institute for Supply Management (ISM) Report On Business. The PMI registered 55.4 percent, an increase of 4.5 percentage points from June’s reading of 50.9 percent. June’s PMI reading, the highest of the year, indicates expansion in the manufacturing sector for the second consecutive month.
Foster City, Calif.-based E2open has announced its recent acquisition if icon-scm, a provider of supply chain planning and collaboration technologies, in a transaction valued at approximately $34 million. E2open hopes to expand its market opportunity and accelerate its product roadmap with the recent deal.
"When we got the results back, we weren't surprised to see these attributes at the top of the list," said Brian Ray, president of Ray Products. "Lots of things have changed in our industry since my grandfather founded our company in 1949. But I'll bet that if he had given his customers the same survey back then, those same three attributes would be at the top of the list."
Major innovations in the stretch wrapping equipment industry can be traced back to Lantech — including the first stretch wrapper, the first automatic stretch wrapper, and the first horizontal wrapper. Lantech currently holds 360 patents, and its patent rate “is at its highest rate it’s ever been on an annual basis.”
The Game, founded in 1986 by Neil Stillwell, owns manufacturing operations in Mexico, Honduras and El Salvador, and sourced a great deal of product from China and Vietnam. Amid a noticeable demand for a home-grown product, they decided to reconsider the cost picture of producing goods locally.
Gov. Phil Bryant and Nissan officials spoke Tuesday during a groundbreaking ceremony Tuesday near Canton. The manufacturing plant opened in 2003 and is about 15 miles north of Jackson, facing Interstate 55. The new supplier park will not be visible from the interstate.
If you are involved in quality and operations decisions for manufacturing or supply-chain management, one of your most important responsibilities is to ensure that the final output of your plant is in compliance with internal and external quality standards. This is not as easy as it sounds.
A labor rights group Monday accused a Chinese company that makes iPhones for Apple Inc. of abuses including withholding employees' pay and excessive working hours. China Labor Watch said it found violations of the law and of Apple's pledges about working conditions at factories operated by Pegatron Corp., a Taiwanese company.