It appears that it’s more of the same in U.S. manufacturing. While the overall economy grew for the 42nd consecutive month, economic activity in the manufacturing sector contracted in November following two months of modest expansion, according to the latest Manufacturing ISM Report On Business.
This year presented some significant shifts in the strategies of some long-dominant vendors toward cloud, social capabilities, services, integration, analytics, and partner ecosystem plays — showing that all dogs must learn new tricks or will likely lose market share and dominant positions in 2013.
Price, selection, convenience and experience are the biggest reasons why Amazon is everyone’s competitor this holiday season, according to Jim Tompkins, CEO and President of Tompkins International. The best way to best compete with Amazon is for each retailer to define its own unique business strategy and then develop the supply chain as a vehicle to deliver this strategy to customers.
Since the economic downturn in 2008, the housing and construction markets have been filled with hesitation, uncertainty, and an overall sense of stasis. The next year, however, is looking as if it just might be a better year for all involved, pending the resolution of the fiscal cliff and the perpetuation of consumer confidence.
The data suggests that manufacturing, and specifically American manufacturing, should be on the rise and retaining a slight competitive edge over most countries around the globe. However, this all seems to depend on the way in which Washington handles their monetary issues over the next couple of weeks.
Any entry into emerging markets is fraught with uncertainties. There are no guaranteed winners. Take Carrefour for example. After an unsuccessful attempt to enter Brazil and its focus on the hypermarket model even as consumers buy more goods locally and online, its share prices have fallen since 2009.
The skills gap in U.S. manufacturing today is more limited than many people believe and is unlikely to prevent a projected resurgence in U.S. manufacturing by the end of this decade. But more severe shortages could develop, threatening to constrain that revival, unless aggressive steps are taken now, according to new research by The Boston Consulting Group (BCG).
Employing a clear thinking process, from the C-Suite to the floor, is the only way to empower the capability to manage fast and well all the big issues associated with constant change through an organization. The global capability development and consulting company specializes in clear thinking solutions that enable organizations to run more efficiently, drive productivity, and improve bottom-line results.
Andy Berry, VP and GM of Distribution for Infor, discusses how distributors can be as prepared as possible for events like Hurricane Sandy that interrupt the supply chain on a large scale. He shared four critical areas in which planning was necessary to ensure a strong business continuity effort in the aftermath of a catastrophic event.
Sustainability is not just about the environment. There are also climate change issues – tsunamis, hurricanes, earthquakes, and other natural events that people point to as being related to the general climate – that create financial problems and risks for companies and their supply chains.
Just two weeks after November 6th, and one month from our last index, the data shows a loss across the board for all but four companies in the Index. This week, the Index was down 17.16 points for a total value of 702.65, a loss of about 2%.
Overall merger and acquisition (M&A) activity soared in the industrial manufacturing sector during the third quarter of 2012, according to Assembling Value, a quarterly analysis of M&A activity in the global industrial manufacturing industry by PwC US. There were six mega deals announced during the third quarter, all driven by U.S. acquirers.
Verizon has recently released its fifth annual Data Breach Investigations Report (BDIR), which investigates the various ways that attackers breach security systems and gain access to sensitive data. This year, Verizon’s RISK team decided to take a closer look at the data in the effort to discover trends in attacks related directly to intellectual property (IP).
In this challenging environment, forward-looking insights combined with disciplined execution can help organizations ensure that their supply chain is healthy and robust, helping to assuage the impact of unexpected chaos, like the recent Hurricane Sandy that hit the east coast.
Information security has always been a high-stakes game. One that demands a smart strategy, the right technology moves, and an unblinking eye on adversaries. For many businesses, however, it has become a pursuit that is almost impossible to win.
The October registered 51.7 percent, an increase of 0.2 percentage point from September’s reading of 51.5 percent, indicating growth in manufacturing at a slightly faster rate. To add to the good news, the overall economy grew for the 41stconsecutive month. A reading above 42.6 percent generally indicates expansion in this area.
Customer service, company growth and return on investment (ROI) are among the primary reasons for investment in warehouse automation technology, according to a Distribution Center Automation Trends Report by the Tompkins Supply Chain Consortium.
In the long run, the devastation the storm inflicted on New York City and other parts of the Northeast will barely nick the U.S. economy. That's the view of economists who say a slightly slower economy in coming weeks will likely be matched by reconstruction and repairs that will contribute to growth over time.
Hurricane Sandy took dead aim at New Jersey and Delaware on Monday, with sheets of rain and wind gusts of more than 90 mph (145 kph) knocking out electricity and causing major disruptions for companies, travelers and consumers. But for the overall economy, damage from the storm will likely be limited. And any economic growth lost to the storm in the short run will likely be restored once reconstruction begins, analysts say.
Check out some progressive companies that are targeting the needs of distributors around the globe. As part of Industrial Distribution's new corporate profile series, these companies are helping distributors everywhere get the job done.