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.
While B2B and B2C e-commerce buying may share a common shopping and check-out experience, the under-the-hood fundamentals are not the same — the ways that a company might implement the right features in each situation, while generating the highest return on investment (ROI) possible, depends, in many ways, upon those internal functions. And the prospect of making the right B2B decision still stumps many companies.
Officials say there were worries about a gradual shedding of jobs as aerospace customers worldwide expect their suppliers to be closer and cheaper labor becomes more available in central Europe and Asia.
Walmart today announced a concept semi-trailer truck, the Walmart Advanced Vehicle Experience (WAVE), which is 20 percent more aerodynamic than the company’s current fleet of trucks.
Buffett says it's clear that railroad tank cars carrying crude oil need to be updated because oil from certain regions has the potential to be more dangerous than previously thought.
When Boa-Franc, a leading North American manufacturer of pre-finished hardwood floors, was looking to enhance its ERP and CRM software, it partnered with Edgewater Fullscope for help with Microsoft Dynamics AX and Dynamics CRM.
But a new survey indicates that obtaining drugs from alternate sources is costing them a lot of money they can't spare.
Rail tank cars are an "unacceptable public risk," and even cars voluntarily upgraded by the industry may not be sufficient, a member of the National Transportation Safety Board said.
The New York Democrat says Wednesday that the agreement announced by the federal Department of Transportation and Association of American Railroads doesn't go far enough to protect upstate communities. Trains pull hundreds of tankers of highly volatile crude oil from North Dakota cross New York daily in a virtual moving pipeline to East Coast refineries.
The company claims that without a bridge and crew support systems, ships would be 5 percent lighter before loading cargo and would burn 12 percent to 15 percent less fuel during their trips.
Reducing lead times in these scenarios can cut millions off the bottom line, but there’s too many concurrent pressures for many to do it effectively, and it's far too easy to get caught up in "chasing a ghost" — a potentially costly and damaging misstep.
Keri Dawson, vice president, Industry Solutions and Advisory Services, MetricStream, discusses the importance of establishing and enforcing a compliance program that ensures the quality and safety of food and beverage products.
Railroads that haul volatile crude shipments have reached an agreement with U.S. transportation officials to adopt wide-ranging voluntary safety measures after a string of explosive and deadly accidents.
If you are a manufacturer or distributor, most likely you use many modes to ship your freight, such as less-than-truckload freight shipping or LTL shipping. If you have any experience in shipping LTL, you know how volatile, process driven, and challenging it can be to make sure you get the best carrier, best time, best rate, and are making the best long term decisions.
BNSF Railway Co. says it intends to buy a fleet of 5,000 strengthened tank cars to haul oil and ethanol in a move that would set a higher safety standard for a fleet that's seen multiple major accidents. The Texas-based subsidiary of Warren Buffet's Berkshire Hathaway, Inc. announced the voluntary step Thursday.
"The Federal Reserve reports that industrial production fell 0.3 percent in January, following 0.3 percent growth in December. The abnormally cold weather caused a 4.1 percent surge in utility production last month."
There's one big reason why the United States has a dearth of execution drugs so acute that some states are considering solutions such as firing squads and gas chambers: Europe won't allow the drugs to be exported because of its fierce hostility to capital punishment.
Low U.S. electricity prices in natural-gas-fired plants, for example, are already encouraging investment in energy-intensive industries such as steel and glass. Not yet visible are the advantages that makers of intermediate products, such as plastic-resin pellets, and makers of finished goods, such as plastic toys and plastic auto parts, will reap from cheaper inputs.
Apple is betting on sapphires to be the next big thing for its products. It feels so strongly about using the material that it’s building a factory in Mesa, AZ and signed a development and supply contract with crystal materials manufacturing specialist, GT Advanced Technologies, to make sapphire material exclusively to Apple for consumer electronics.
The newly established Commission for Logistics and Supply Chain Collaboration, which holds its first meeting Feb. 11, aims to develop a statewide strategy featuring a partnership between government and industry in the pursuit of raising the international profile of Michigan’s logistics capabilities.
Wholesale distribution companies are under increasing pressure to reassert their role in the broader supply network. Direct-to-consumer sales by manufacturers threaten to erode margins. The launch of AmazonSupply.com sets the stage for B2B buyers to take advantage of economies of scale that are virtually impossible for mid-market distributors to match.
The 2013 figures, released today by the U.S. Department of Commerce's International Trade Administration, represent a nearly four percent increase in South Carolina's export value, which was $25.1 billion in 2012 and previously an all-time record for the state.
Mondelez International Inc., the maker of Oreo cookies and Ritz crackers, said Thursday that it will close a Philadelphia bakery by 2015 as part of a plan to restructure its supply chain and save money. The Deerfield, Ill.-based snack food maker said the closing will affect about 350 employees.
While a key enabler for the modern supply chain, ERP is often mistaken as the single universal solution to meet every need. Whether the result of over-aggressive vendors or self-imposed rationalization to justify the large investment, the outcome is the same: disappointment with supply chain functionality.