According to PwC’s study, the increase in average three-year ETR is due in part to an improved business climate and a decrease in companies reporting losses. In 2009, one in four companies in the study was in a loss making position; by 2012, the ratio was much smaller at one in 10.
IBS operates Dynaman, an advanced warehouse management solution and Bookmaster, a leader in ERP...
A recent Forbes report indicates store closings increased by 25% for the first three...
After a successful initial celebration last year, the next Manufacturing Day has been scheduled...
When it comes to the current American manufacturing workforce, there are two truths most commonly accepted: that the people are getting older, and that the younger generations aren’t able or aren’t ready to pick up the slack. When it comes to the former, Van den Bossche says there’s no debating the real data — the median age of manufacturing workers has increased from 40.5 to 44.7 between 2000 and 2012.
Since it’s almost certain that every organization will experience a cyber security incident at some time, you need to be well prepared in advance. According to the 2013 Verizon Data Breach report, 22 organizations, mainly in manufacturing and professional services, with only one to 100 employees became a victim to cyber espionage last year.
In 2012, Bob Purvis and Don Chargin launched the E-commerce site American Made MRO. Industrial Distribution had the chance to speak with Purvis and Chargin about the endeavor: how it got its start, why they feel it is important, and where the venture is headed.
The headlines often trumpet news about declining commodity prices. So why don’t these reductions ever seem to result in price reductions from suppliers? Suppliers will never volunteer to lower their prices, of course. Because of that, the only way for purchasers to parlay falling raw-materials expenses into real cost savings is to arm themselves with critical knowledge that can give them an edge in price negotiations.
Paul Glover is an author, speaker, and business management coach, as well as a regular contributor here at ID. Hoping to give our readers a little more background on where Paul is coming from as a contributor, we asked him a few questions about his skills, his business, and his theory on the shifting economy as management styles are changing.
The Minit Charger is a battery fast-charging technology that is designed for on-road electric vehicles, automated guided vehicles, and material handling applications. Minit Chargers can provide a safe charge for an electric lift truck in approximately 15 minutes. The benefit of the system is that electric industrial lift trucks recharge quickly and when it is convenient for workers and their various shifts.
There is no dispute that intermodal transportation is on the rise and shows no signs of slowing down. Many experts feel the expansion of the Panama Canal, which is scheduled for completion in 2014, will only fuel the trend. In addition, rising fuel costs, highway congestion and increased trucking legislation have led many companies to look at moving freight via railcar or cargo ship.
Only nine percent of the 335 global respondents of the 2013 KPMG 2013 survey say they have complete visibility of their supply chains. That number is even lower among U.S. executives, with only seven percent claiming complete visibility.
Kahn Tools is a new industrial supply company that exclusively sells American made products, founded by industry veteran Mark Kahn. Mark was the former president of Production Tool Supply for over 30 years. He has returned from retirement to create Kahn Tools, launching their eCommerce site on May 6th of this year.
As the required skill set for advanced manufacturing continues to evolve, many resources emerge to address workforce development needs in the industry. James Ryan, CEO of industrial distribution leader, Grainger, discusses the ways in which technical education has been a continued priority for his business — and why the skilled trades have more to offer than many people realize.
Machinery can break down in extreme conditions so it only seems natural that employees might have cause to break down as well. As temperatures escalate, comfort tends to take a nosedive, dragging productivity and safety along with it. The introduction of air movement by way of high volume, low speed (HVLS) fans helps combat these adverse conditions.
The return of a few companies’ manufacturing is encouraging. But the big question is: To what extent is the United States capable of taking back manufacturing on a significant scale? The challenges are great. From a broad supply chain ecosystem perspective, for example, companies obviously will need to rebuild a supplier network that may have evaporated, along with the disappearance of the manufacturing operations it supported.
As industrial companies move closer to embracing mobility, there is potential temptation to get things done quickly and overlook crucial elements of a deployment until after the app is deployed. However, by addressing these areas early in the planning stage of a deployment, companies can achieve the ROI and long-term value they desire with mobile applications.
San Diego seems to be the right place to be in 2013; everything will be bigger and better — including the 2013 ISA Product Show & Conference, scheduled for June 1-4 at the San Diego Convention Center and Hilton San Diego Bayfront. As of ten weeks out, we have signed up 60 new exhibitors and have 50 percent larger registration than last year.
What will your company do differently this year? In recent discussions with innovators in the wholesale distribution industry, several forward-looking themes emerged. It’s important to make a distinction between true transformations versus incremental change.
Economic activity in the manufacturing sector expanded in April for the fifth consecutive month, say the nation’s supply executives in the latest Manufacturing Institute for Supply Management (ISM) Report On Business. ISM’s New Orders Index registered 52.3 percent in April, an increase of 0.9 percentage point when compared to the March reading of 51.4 percent.
The hybris 2012 State of B2B E-Commerce survey found that the majority of B2B procurement specialists (88%) prefer vendors that offer e-commerce over those who do not. Many buyers, however, indicated that the quality of the B2B e-commerce experience is inferior to that of B2C, limiting its effectiveness.
Maintenance, repair and operations (MRO) groups at many companies are facing a major challenge: toxic MRO master catalogs stuffed with incomplete data on replacement parts, a problem that drives up costs and creates large-scale problems for multiple corporate divisions.
Think of a scheduled maintenance and plant shutdown project as spring cleaning on a huge scale. Scheduled maintenance at a plant can mean a wealth of opportunities for a distributor. Check out this infographic for a list of supplies plant operators need to get the spring cleaning job done.
Industrial Distribution had a chance recently to speak with Marisa Betancourt at Infor. Betancourt is the FACTS Product Manager/Senior Business Analyst for the software company, and filled us in on what the FACTS programs was created to do for distributors.