PwC’s Industrial Products Industry Leader Robert McCutcheon discusses how the industrial segment is faring this side of the economic crisis and the effect that the global market dynamic is having on the supply chain, manufacturing, and energy sectors.
There's a lot of buzz in the industry about the need for distributors to create ecommerce strategies for their business. But how does an individual distributor know if ecommerce is a financially viable option for their business?
Infor recently announced that its distribution business unit has experienced more than 120 percent license growth since the close of Infor's 2010 fiscal year. Industrial Distribution had the opportunity to speak with Infor GM Andy Berry about the company’s growth and what the future holds.
The Motorola Solutions Future of Warehousing Survey polled warehouse IT and operations professionals in the manufacturing, retail, wholesale and third-party logistics (3PL) markets on the state of warehousing today and their vision for warehousing and distribution in the future.
Companies have simply found a way to produce their goods and services with significantly fewer employees. One secret to this success is the continued focus on reliability as the key ingredient to improving output while decreasing per unit costs.
Managing employees is a tough job. Managing employees that make what are traditionally thought of as "toys" might be even harder. Tom Porter, director of human resources and administration at Kawasaki Motors Corp., U.S.A., recognized this problem and sought out new ways to push his employees to make Kawasaki products even better.
IDC Manufacturing Insights released a new report that discusses the rising trend of using a corporate app store to manage the proliferation of mobile apps across manufacturing organizations. While mobile is becoming a popular form factor for new applications being developed by manufacturers, the rise of mobile applications poses a number of challenges for managing them in the context of the IT environment.
The wholesale distribution industry creates 1 in 20 private sector jobs in the United States. These jobs create financial well being for businesses and employees. With this in mind, Dirk Beveridge created the industry's only innovation summit: UnleashWD.
Avnet's new business unit, Rorke Global Solutions, will deliver comprehensive solutions that meld hardware, software and services in support of the unique business requirements of original equipment manufacturers (OEMs), independent software vendors (ISVs), and channel partners. Industrial Distribution recently had the chance to speak with Mr. Kostalnick about the new venture and what it would mean for Avnet customers.
For nearly 50 years, Athea® has manufactured and private labeled the highest-quality and -performance industrial chemicals and wet wipes. A family-owned company, Athea is now in its second generation of leadership. After 35 years of producing specialty chemicals, Athea began manufacturing wet wipes, and is now a vertically-integrated converter and manufacturer of canister, refill roll, flexible flow pack, and single pack wipes.
Nothin' but Blue Skies tells the story of how the country's industrial heartland grew, boomed, bottomed, and hopes to be reborn. Through a blend of storytelling and reportage, Edward McClelland delivers the rise, fall, and revival of the Rust Belt and its people.
Industrial Distribution's Jack Keough recently hosted a webinar entitled "Distributors: How to Use Technology to Improve Your Bottom Line." The event examined the role of technology in today’s distribution marketplace and how it can be used to improve bottom-line performance. The audience had the opportunity to ask our panelists questions at the end of the webinar, and the answers are here in an exclusive Q&A.
It didn’t take long for the novelty of social media to fade, and the search for practical application and measurable impact of these vehicles to become a priority. Despite the commercial success of Facebook, Twitter, LinkedIn and several other platforms, manufacturers and distributors are still seeking out answers as to whether the time spent on social outreach is worth the effort.
There is one absolute that applies to every company, independent of industry: You cannot expect to operate efficiently without dedicated and skilled employees. When looking at the manufacturing industry specifically, finding a highly skilled workforce has proven to be one of the greatest challenges.
Industrial Distribution was able to speak with Texas A&M’s Dr. Barry Lawrence, Program Director and Professor of the Industrial Distribution Program at the university. Dr. Lawrence outlines why he feels higher education is important in the lives of working professionals, and how the landscape of the industry is forcing this issue.
Executing pre-close homework is the most critical factor to a successful merger or acquisition for manufacturers and distributors (M&D). Private equity investors and strategic acquirers know the financial risk of a failed investment is much greater than the transaction costs incurred to perform adequate discovery and pre-close planning.
Ergonomics can be thought of as much like a dinner table setting: Everything should be in easy reach and no one should have to reach too far or stretch into an unnatural position to get at what they need, says Ed Metzger, president of BioFit. “By ensuring that workers have the freedom to move comfortably and naturally, companies can prevent many of the musculoskeletal injuries and fatigue that leads to lost time and productivity.”
Price optimization enables companies to focus on elevating everyone’s performance, even though territory, customer and product mixes differ. Industrial Distribution recently had the chance to speak with Eric Hills, Senior Vice President and Chief Evangelist of Zilliant, a company specializing in price optimization.
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.
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.