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."
In a letter sent Tuesday to suppliers of its Wal-Mart stores as well as Sam's Clubs in the U.S., Canada and the United Kingdom, the company says it will adopt a "zero tolerance" policy on subcontracting without the company's knowledge, effective March. 1. Previously, suppliers had three chances to rectify their mistakes.
PSI Engineering announced today an Automated Packing Slip Solution that is an innovative and cost effective order fulfillment document shipping system that in one step laser prints, folds and applies a one piece packing slip, with shipping label, to the top or side of a package.
With more manufacturers acknowledging the benefits analyzing massive amounts of data on both their internal operations and external supply chain, many have turned to business intelligence (BI) software in order to simplify the process. But as with many new IT developments, the provider landscape is vast and complex, and making a decision on which provider to use, and then how to implement it, is never an easy process.
UPS today announced a new express air freight service, UPS Worldwide ExpressFreightSM, for urgent, time-sensitive and high-value international heavyweight shipments. This new service is an extension of the UPS Worldwide Express package portfolio and offers customers a seamless experience between shipping express package and express freight.
The year ends on a better note in U.S. manufacturing. The overall economy continued to grow for the 43rd consecutive month while economic activity in the manufacturing sector expanded, moving the Purchasing Managers Index (PMI) back over the 50 percent mark in December, according to the latest Manufacturing ISM Report On Business.
While more than 75 percent of suppliers are confident in their ability to meet their customers’ needs in 2013, one-third of respondents to ASQ’s 2013 Manufacturing Outlook Survey say they anticipate a problem with a supplier next year, resulting in a shortage of parts or services.
Intelligrated, a leading North American-based automated material handling solutions provider, announces the successful acquisition of Knighted, a developer of supply chain software solutions. The acquisition is a strategic component of Intelligrated’s mission to deliver innovative solutions that increase fulfillment velocity for e-commerce, multichannel retail, 3PL, wholesale, consumer products and food and beverage industries.
Emerging technologies are now coming to market that incorporate external information into your analytics to give you a 360 degree view into your suppliers so you are better able to predict such risks and address them in a timely manner.
The National Retail Federation today sent a letter to President Obama to express the retail industry’s growing concern if a contract agreement isn’t reached between the International Longshoremen’s Association and the United States Maritime Alliance, Ltd. The two sides have been in negotiations, with the assistance of federal mediators, for the past few months with little demonstrable progress.
Terra Technology announces the immediate availability of Demand Sensing 4.2, Multi-Enterprise Inventory Optimization 4.2 and Transportation Forecasting 4.2. Product enhancements improve supply chain performance across more diverse business situations and larger multi-national deployments to better serve customers, free cash flow and increase return on capital.