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.
Arbitration clauses and the process of arbitration are not always what distributors expect them to be — private, speedy, and less expensive than litigation. A recent case demonstrated how, in some circumstances, arbitration is the right tool for supplier-distributor disputes.
Over the last decade the industrial distribution marketplace has changed dramatically, surviving in a challenging economic situation and a changing business environment. Industrial Distribution’s associate editor, Abbigail Kriebs, got a chance to speak with three industry executives representing diverse viewpoints to hear how business has changed in the last few years and what trends they see going forward into the rest of the year.
Are price shoppers cynical, savvy, or both? Is there a difference between frugal and cheap? Are price shoppers solely responsible for the tug-of-war with salespeople? These are a few of the questions people like me ponder. Salespeople face daily push-back on their prices.
From continually updating software to the movement of product from one location to another, warehouses are busy places, and busy places require a strategy in order to be handled efficiently and effectively. There are a lot of different factors that affect the productivity of a material handling operation, from the purchasing of new equipment to electronic labeling to ensure accurate inventory and minimal errors.
The stock market was humming along earlier this year, setting records on many days. Housing starts are climbing and industrial production is increasing, but beneath all that good news there still is uncertainty in the industrial and construction sectors.
Near the intersection of business as usual and success going forward sits industrial distribution strategy: increasing online sales, technology, omnichannel, multichannel, and social media. The buyer is now in the driver’s seat, and AmazonSupply represents more than just a toe in the water. Amazon’s dedicated industrial B2B site could lead to its dominance in the MRO market, whether industrial distributors realize it or not.
The Institute for Supply Management (ISM) Index registered 51.3 percent, a decrease of 2.9 percentage points from February’s reading of 54.2 percent, indicating expansion in manufacturing for the fourth consecutive month, but at a slower rate. Both the New Orders and Production Indexes reflected growth in March compared to February, albeit at slower rates, registering 51.4 and 52.2 percent, respectively.