We have all been on the receiving end of a sales pitch that put emphasis on the concept of “value” to us, the customer. Although we know that value is important, few can succinctly define it and fewer still can quantify it.
For many companies in Vietnam there is little alternative but to trade with China, which supplies its factories with everything from the components to make smartphones to the fiber that its cheap labor force weaves into sweatshirts and t-shirts for international retailers.
South Carolina Governor Nikki Haley was joined by state and local economic development officials last Thursday evening to announce $38.2 million in new capital investment and 304 new jobs in South Carolina.
Nearly 85.7 percent of PMI respondents believe the economic outlook will remain positive, while less than 15 percent believe the economy will become less stable over the next six months.
Akros Silicon Inc. has announced a global distribution agreement with Digi-Key Corporation. Akros’ products help manufacturers of electronic equipment create more efficient and advanced products, which in turn enables end users to reduce their energy usage.
The growth in April’s new orders was entirely due to large defense contracts which have very long lead times and thus do not reflect activity that is likely this year. Having said that, defense capital goods contracting has exploded in early 2014.
Using a new finance tool, she shows how the mismatch costs that result from extending the supply chain may well be higher than the lower cost offered by the offshore supplier, leading to reduced profits.
The head of the biggest railroad hauling North Dakota crude says the future of oil shipments depends on proving that it can be done safely.
The very term “supply chain” implies a straight line and a singular operating mode, with tight linkages moving goods smoothly from mode to mode and location to location. In Asia-Pacific, however, this concept is unrealistic.
America’s shale energy revolution is creating and sustanting hundreds of thousands of jobs in diverse sectors of the economy that supply construction, equipment, supplies and services to shale energy operations; and making the U.S. manufacturing sector more competitive by reducing energy input costs.
While there are numerous outlets offering thoughts and guidance on ERP implementation, Columbus offers this definitive list focused on time-tested approaches that they feel can help an enterprise save time, cut costs and ensure all goals are met.
The announcement coincides with an effort by Beijing to build up its dairy industry following a 2008 tainted milk scandal that killed at least six babies and prompted many parents to switch to imported formula.
Economic activity in the manufacturing sector expanded in April for the 11th consecutive month, and the overall economy grew for the 59th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
Inventory and weather-related volatility clearly played a part in the January swoon but the late 2013 data clearly overstated the underlying growth performance of a factory sector that, remarkably, has yet to regain all of the output lost in the Great Recession.
Comments from purchasing managers responding to this month’s survey ranged from “Companies continue to hoard cash and postpone capital investments and hiring,” to “We are beginning to see our customers finally breaking loose and ordering capital equipment.”
The high-tech warehouse is taking shape as organizations seek to get ahead of the material handling systems challenges of the 21st Century supply chain. A big component of that formation is automation, but it has to be more strategic than just throwing machines at a problem.
IDT uses Microsoft Dynamics AX ERP software, implemented by Edgewater Fullscope, to support new products and market expansion, as well as address traceability requirements. IDT processes over 25,000 products per day and has over 86,000 customers around the world.
Ethanol producers say clogged rail lines and other shipping problems have forced them to reduce production of the fuel and contributed to higher prices.
Many past decisions to offshore manufacturing were based on price alone. Today, manufacturers are looking at more than just price when considering sourcing decisions and production locations. But that doesn't mean our supply chain is ready to handle all the potential new business.
In addition to bringing a number of new companies into the fold during an acquisition-fueled growth surge, GSE Environmental also saw their infrastructure balloon to include five different, unintegrated ERP systems. The one common trait amongst these platforms was an inefficient way of sharing new or recent data. In most cases GSE was dealing with a 30-day lag time for accessing key data sets.
A federal appeals court is allowing labels on meat products that say where the animals were born, raised and slaughtered.
The inspection blitz, which generally found only minor and easily correctable defects, is part of a proactive safety effort launched in January after several severe accidents across the U.S. and Canada.
The price of bacon is surging and the cost of other morning staples, like coffee and orange juice, is set to rise because of global supply problems, from drought in Brazil to disease on U.S. pig farms.
The European Union has fined two EU and four Japanese companies a total of nearly $1.4 billion for rigging the market of key components in the car and truck industry at the expense of consumers.
Two big announcements yesterday, one from Walmart and one from 3D Systems, push for the creation and reshoring of American manufacturing jobs.