Sterling Heights, Mich.-based KUKA Systems Group, has finalized its acquisition of the plant engineering business of privately-owned Utica Companies, which is headquartered in Shelby Township, Mich. As the transaction was completed, KUKA Systems became the No. 1 manufacturing systems supplier in the North American automotive sector.
KSD is headquartered in Oslo, Norway, and currently has more than 1,300 customers throughout the EU, with a focus on Norway and other Scandinavian countries. The company also holds offices in Sweden, Denmark, and The Netherlands. Descartes says the all-cash purchase was NOK 190 million ($33 million USD).
The Times of Gainesville reports that Impulse Manufacturing will produce parts for several small excavators that will be produced at the new Caterpillar plant. The parts will be shipped by truck each day to the Caterpillar plant, where they will be assembled.
The Baltimore, Md.-based mobility solutions provider Barcoding, Inc., has today announced that it has completed the acquisition of Miles Technologies, Inc., based in Lake Zurich, Ill., to increase its presence in the central U.S. and expand its RFID offerings.
Orders for long-lasting U.S. factory goods fell in March by the most in seven months. The drop reflected a steep decline in commercial aircraft demand and little growth in orders that signal future business investment. That followed a 4.3 percent gain in February, which was revised lower.
Shares of Apple Inc. are setting a one-year low after news from a supplier hinted at a slowdown in iPhone and iPad production. The stock is down $18.48, or 4.3 percent, at $407.76. The shares hit $403.67 earlier, the lowest level since Dec. 2011.
Drug developer XenoPort Inc. said Friday that there's a shortage of its restless leg syndrome treatment Horizant. The company said it's received word from patients unable to fill their Horizant prescriptions. XenoPort hopes that a new stock of Horizant will be in pharmacies in June, but the timing is uncertain.
UPS has announced the expansion of its Preferred Less-Than-Container Load (PLCL) expedited ocean freight service, which now includes western Europe. Additional port access will open in German, the Netherlands, Belgium and the United Kingdom, which the company says will provide shippers up to 40 percent faster delivery time.
While corrugated products were traditionally sourced at a local level due to the costs associated with shipping, bringing the opportunity for customized box creation to the consumer would likely offet any additional printing costs and Great Northern wanted to set the industry trend.
Black & Denim, based out of Tampa, Florida, is working its way into what has long been deemed a dead American industry — apparel — through a uniquely 21st Century business plan.
The PMI indicated expansion in manufacturing for the third consecutive month. This month’s reading reflects the highest PMI since June 2011, when the index registered 55.8 percent. The New Orders Index registered 57.8 percent, an increase of 4.5 percent over January’s reading of 53.3 percent, indicating growth in new orders for the second consecutive month.
While some organizations have implemented initiatives such as demand planning, which improves the visibility and accuracy of forecasts of future demand, before aligning it to production, few have been bold enough – or in fact able - to embrace a complete, strategic sales and operations planning (S&OP) approach.
The aim of REACH is to improve and ensure the safe use of chemicals, and the one of the things that REACH does is make all parties in the supply chain — from manufacturers, distributors through to downstream users — directly responsible for the safety of the chemical substances they handle. One area where this has caused changes is the shipping of chemicals and in particular, the requirements for documentation in the supply chain.
Lithium batteries are marvelous inventions — they are lightweight, relatively inexpensive and can pack a lot of power with a shelf life far superior to other types of battery technology. These days, rechargeable lithium ion batteries, and primary non-rechargeable lithium batteries are everywhere. And unfortunately, they are also considered "Dangerous Goods."
Unlike building a green or LEED-certified living space, creating both a green and sustainable supply chain is not a one and done project and must be part of the organization short and long term strategy. It is a long-term promise of social responsibility in managing the supply chain at all levels.
One business in particular is losing business and is battling to retain contracts because on-time delivery performance is poor. Without explaining torturously complex interactions of process, the bottom line is that product is not built on time because component parts or critical information is not on hand when necessary.
French Consumer Affairs Minister Benoit Hamon said Thursday that it appeared fraudulent meat sales over several months reached across 13 countries and 28 companies. Hamon fingered Spanghero as a major culprit, but said there was plenty of blame to go around.
Three horse carcasses that tested positive for the equine drug bute may have entered the human food chain in France, the British government said Thursday. Environment Minister David Heath told the House of Commons that eight horses from British abattoirs had tested positive for bute, and "three may have entered the food chain in France. The remaining five have not gone into the food chain."
Critics say the widening horsemeat scandal in particular is a result of a food supply chain that has become too complex to be safe. Others say we are stuck with the system: In today's world, foodstuffs are highly mobile commodities, while consumers have come to expect — and increasingly need — plentiful, cheap meat.
UPS expanded its direct LCL offering to more than 300 additional lanes in Asia, Europe, the Middle East, Africa, and South America during 2012. With more than 1,700 direct LCL lanes servicing 116 countries, UPS continues to expand its ocean freight offering to meet the growing market demands.
KFC parent company Yum Brands expects a controversy over its chicken suppliers in China to hammer its first-quarter earnings per share by 25 percent but says it plans to forge ahead with its expansion in the country. The company, which also owns Pizza Hut and Taco Bell, has been reeling from the chicken supplier issue since a December report on Chinese television.
Seventy percent of companies believe that climate change has the potential to significantly affect their revenue, a risk which is intensified by a chasm between the sustainable business practices of multinational corporations and their suppliers, according to research published today by the Carbon Disclosure Project (CDP) and Accenture.
Despite the benefits of LTL freight shipping, LTL rates can be very confusing. While truckload rates are usually based on a per-mile rate plus a fuel charge, many factors determine LTL rates, and these factors can dramatically impact the cost of a shipment. Here are seven things to know about LTL carrier class rates.
Infor announced an enhanced version of Infor Supply Chain Execution (SCE), to further reduce the complexity of warehousing and logistics management and clarify daily decision making. With more than 100 new core industry features, including mobile and voice enablement, visual metrics, and ION integration to ERP, Infor SCE helps provide a single, unified solution to meet warehousing, transportation, labor and 3PL billing needs.
Burger King says it has stopped buying beef from an Irish supplier after traces of horse DNA were found in beef burgers sold in Britain and Ireland. The fast food chain said in a statement that it had dropped Silvercrest Foods as a supplier for its U.K. and Ireland restaurants as a "voluntary and precautionary measure."