Boeing is encouraging its suppliers to attend a workshop next month to learn how to outsource business to Mexico. The Seattle Times reports that Patrick McKenna, director of Supply Chain Strategy and Supplier Management at Boeing Commercial Airplanes, has urged suppliers to attend a Nov. 15 workshop in Chicago to learn how to do business in Mexico.
Shipments of U.S. packaging machinery grew 19 percent in 2011, reaching US$7.7 billion, according to PMMI’s 2012 Shipments Study. PMMI’s annual research also shows total consumption in the United States climbing by 23 percent to US$8.8 billion. “Positive growth is always good news,” says Jorge Izquierdo, vice president, market development, PMMI.
Announcement comes amid tensions between Beijing and Tokyo over control of a group of uninhabited islands in the East China Sea. Beijing temporarily suspended rare earths shipments to Japanese buyers the last time tensions over the islands flared in 2010 but there was no indication whether Japan might be affected by the latest change.
U.S. wholesalers increased their stockpiles in July from June, but sales fell for a third straight month. Declining sales could force companies to cut inventories in coming months, a troubling sign that economic growth could weaken. The Commerce Department said Wednesday that wholesale stockpiles grew 0.7 percent in July, the biggest increase in five months.
For two decades, one of the most commonly used type of rail tanker has been allowed to haul hazardous liquids from coast to coast even though transportation officials were aware of a dangerous design flaw that almost guarantees the car will tear open in an accident, potentially spilling cargo that could catch fire, explode or contaminate the environment.
China's imports shrank unexpectedly in August in a sign its economic slump is worsening, bad news for exporters elsewhere that count on the appetite of the world's second-largest economy for natural resources and industrial components to offset anemic Western markets.
The U.S. trade deficit grew slightly in July as exports fell at a slightly faster pace than imports. The Commerce Department said Tuesday that the trade deficit widened to $42 billion, 0.2 percent higher than June's imbalance of $41.9 billion. U.S. exports fell 1 percent to $183.3 billion, lowered by weaker sales of autos, telecommunications equipment and heavy machinery.
If you’re looking for a Sony video camera or a new Chevy Volt, or an authentic 1950s Wurlitzer “bubble” jukebox, Amazon and eBay great. But when it comes to purchasing warehouse and industrial supplies and equipment, the waters get a lot murkier.
The move comes after Samsung's audit of a supplier, HEG Electronics, in response to an allegation it used child labor. Samsung said its audit found no under-aged workers at the Huizhou, China-based company but it discovered other practices that failed to meet its policies.
If you read my posts, then you know that I believe a successful process improvement or business improvement results from changing our behavior. Well, if we are going to be changing our behavior, shouldn’t we warn those people and organizations with whom we work that we are doing so? Of course we should.
Let’s look at ways these companies are turning part nonconformance into a strategic advantage through supplier collaboration and communication, effective workflow for short-term corrective actions, cause analysis, tracking, auditing and supplier relationship management (SRM) integration.
Standard and Poor's credit rating service upgraded building products supplier Louisiana-Pacific Corp. to "stable" from "negative," on Thursday, citing growth in the U.S. homebuilding market. S&P analysts warned that they could lower the company's rating if the housing recovery stalls.
Orders for long-lasting U.S. factory goods, excluding the volatile transportation category, fell in July for the fourth time in five months, a sign that manufacturing may be faltering.The Commerce Department said Friday that orders for durable goods rose a seasonally adjusted 4.2 percent in July. But excluding aircraft and other transportation goods, orders dropped 0.4 percent.
Health officials say at least some of the salmonella-contaminated cantaloupe that has sickened nearly 200 in 21 states came from a southwestern Indiana farm, but they warned Thursday that until they've ruled out any other possible sources, people should avoid cantaloupe grown in that part of the state.
Inventory: Not always such a dirty word until cost pressures took to task the traditional storage and fulfillment methods of the average manufacturer. According to Grainger, an industrial supplier with a significant global footprint, manufacturers are moving to just-in-time inventory as much as possible to reduce excess spend on items that do not turn quickly.
By adapting their operations to flex with markets, smart manufacturers with global footprints are learning to profit from permanent volatility, while insulating themselves against downside risk and simultaneously moving with speed and agility to capitalize on opportunities as they arise.
It’s important to understand that business analytics is a scientific approach to making decisions and is broken down into three forms: descriptive, predictive, and prescriptive analytics. Descriptive analytics provide an accurate picture of what has happened. Predictive analytics enable an assumption about what will happen in the future or explain what has happened. Finally, prescriptive analytics shows the best course of action.
Sewon America Inc. will invest $10 million to create 150 jobs and better supply Kia's Georgia plant and Hyundai's Alabama plant.
Using supplier score cards and comparison tools can inject more reason into a purchasing decision, which can optimize both cost and lead time.
Luckily for distributors, the ongoing evolution of enhanced ERP and workflow technologies has helped them better fulfill some of their basic needs; most notably allowing them to closely manage each and every step of the distribution process. These are also helping distributors to better manage warehouse workflow, automate purchasing, streamline work process, and improve inventory management.
The decision was made due to strong airplane sales, as the company has a backlog that is "disturbingly healthy."
Plex Systems Inc., provider of Plex Online, Cloud ERP for manufacturers, today announced the deployment of the Pacejet multi-carrier shipping and logistics technology at Vornado Air, the industry leader in air flow technology product manufacturing.
But excluding transportation equipment, orders actually fell 1.1 percent, the third decrease in four months.
It predicts global trade will grow even slower than the world's economies — a trend not seen since the recession.
The July CAB was flat after declining three consecutive months, historically a sign of slowing economic activity.