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.
Economic activity in the manufacturing sector expanded in January for the eighth consecutive month, and the overall economy grew for the 56th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
“While U.S. manufacturing continued its growth into the new year, survey data from the Institute for Supply Management (ISM) showed that the pace of factory activity slowed considerably. The overall Index fell by 5.2 percentage points from 56.5 in December to 51.3 in January, still signaling overall output advances but at a far more muted pace."
Country of original labeling supporters, including consumer groups, environmental groups and some independent farmers, say the requirements give consumers valuable information. But livestock groups and meatpackers say it's costly to have to segregate and track animals along the entire supply chain.
Amazon Supply’s stated goal is “to provide earth’s largest, easiest-to-research, discover, and access selection of professional products required to support the maintenance, repair, operations, and project needs of business and professional customers.” And it's already creating disruption in the larger business-to-business buying ecosystem.
Throughout 2013, the company exported 108,705 U.S.-made Honda and Acura vehicles while importing 88,537. In addition, the company achieved record production levels of 1,309,917 units on American soil — a 7.4 percent increase over the previous record in 2012.
Amid a few newsworthy derailments of trains carrying crude oil, energy companies and the public alike are concerned about the future of the U.S. rail infrastructure and what can be done in the near future to mitigate potentially serious and deadly incidents.
A General Motors supplier that manufactures acoustic insulation plans to open a new plant in Warrensburg. Michigan-based Janesville Acoustics announced Tuesday that the plant will supply the Chevrolet Malibu model built at GM's Fairfax plant in Kansas City, Kan. The plant is expected to create 164 jobs in the next two years.
For the second consecutive year, Smalley is pleased to have received General Motor’s prestigious GM Suppler Quality Excellence award. The company develops and manufactures retaining rins, constant section rings, snap rings and more, in standard configurations and non-standard sizes at no additional charge.
Our #3 choice is a very well-known one: Starbucks. Starbucks recently won the AME’s Manufacturing Excellence Award, and is using unique and innovative managerial techniques in order to streamline production and boost efficiency. Starbucks’ Carson Valley production branch went Lean in 2009, and has tweaked its procedures in company areas like shelving, interaction with partners, company safety and plant improvement.
U.S. import prices recorded no change in December, the U.S. Bureau of Labor Statistics reported today, following declines of 0.9 percent in November and 0.6 percent in October. In December, higher fuel prices offset declining nonfuel prices. U.S. export prices advanced 0.4 percent in December, after edging up 0.1 percent the previous month.
With 90 percent of the world’s data created in the last two years, what can we expect our data vaults to hold two or even twenty years from now? Companies who are hiring data scientists with the hopes of harnessing big data and data analytics' mythical promises are potentially making a huge mistake.
A key lean trend is consolidating suppliers and doing away with redundancies. Although this certainly creates cost efficiencies, the main suppliers who are left quite often end up providing needed parts to many companies in the same industry. And if these companies are all depending on the same supplier, or only a few suppliers, unforeseen production problems or sudden shifts in demand can easily send ripples throughout multiple systems.
Our #9 pick is DGI Supply, which uses consolidation as a long-term business strategy that integrates the needs of the organization with a technique to troubleshoot the challenges of an aging workforce in a still-thriving industry.
Inchcape Shipping Services (ISS) is advising that due to the extreme cold weather which has settled over the eastern North American continent, there have been heavy delays in shipping operations since 4th January 2014.
Kraft Foods says some customers may not be able to find Velveeta products over the next few weeks but didn't give any reasons for the apparent shortage. A spokeswoman for the company, Jody Moore, says only that such shortages happen from time to time.
Coming in at #11 is Lantech, based out of Louisville, Kentucky. We selected them because of their impressive growth and domination of a niche market: with over 65,000 machines sold around the world, the company is the world's largest manufacturer of stretch wrapping equipment.
A splash of beet juice, a dollop of molasses, a squeeze of cheese brine. In the coldest weather, the recipe for safer roads often goes beyond the usual sprinkling of salt. Plain salt is largely ineffective below 16 degrees. Additives can keep it working in temperatures as low as minus 25.
The trade gap dropped 12.9 percent in November to $34.3 billion, the Commerce Department said Tuesday. That's the smallest monthly trade deficit since October 2009. Exports rose 0.9 percent to a record $194.9 billion, aided by a 5.6 percent rise in petroleum exports.
I’d like to offer some food for thought when it comes to evaluating and improving logistics in your enterprise: Whatever else you do in 2014, make it a priority to dump the tribal knowledge you might be using to make mission-critical decisions. Instead, substitute the facts. While this may seem contrarian, it is actually essential.
It's the first major U.S. technology company to make such a claim about its products. It's the fruit of four years of work by the company to determine the sources of four crucial metals widely used in electronics manufacturing: tantalum, tungsten, tin and gold.
Wal-Mart had recalled the donkey meat — which it said was considered a popular delicacy in parts of China — after DNA testing by a government agency. The company said Thursday that it withdrew all products from the supplier, Dezhou Fujude Food Company, and that affected customers were offered compensation.
Economic activity in the manufacturing sector expanded in December for the seventh consecutive month, and the overall economy grew for the 55th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.