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.
The Commerce Department said Thursday that orders for durable goods jumped 9.9 a percent last month. While it was the biggest gain in nearly three years, most of the September gain was driven by a tremendous spike in aircraft orders, which are very volatile and plummeted in the previous month.
Told in part via a story format, Common Sense Supply Management - Tales from the Supply Chain Trenches uses real life examples to discuss what goes right, and often wrong, in the supply chain management trenches. By carefully following this book's accounts, supply management professionals can learn a career's worth of what to do and what not to do.
Just two weeks away from November 6th, the data for today’s index remains about as mixed as the projected outcome for the upcoming presidential election. As of Friday, October 19th, the index is down a net 7.04 points, a total loss of 32.53 including the removal of Interline Brands from the totals.
Data is the foundation of information; information leads to knowledge and knowledge is power. There is little disagreement that data has value. In fact, digital data seems to be the new world currency. So protecting valuable data assets is a central concern for business continuity management.
August, September and October are the busiest months of the year as retailers bring merchandise into the country for the holiday season, and volume for the three months combined is up 7 percent. While cargo volume doesn’t correlate directly with sales, NRF forecast last week that holiday sales will increase 4.1 percent to $586.1 billion this year.
In September, Industrial Distribution ran a story on Apache Belt & Hosing, Inc. when they announced that they were changing their name, slogan, and marketing philosophy. Since that time, we have had a chance to follow up with the President & CEO of the new Apache, Inc. on why Apache decided to make the change.
Why is Memphis home to hundreds of motor carrier terminals and distribution centers? Which jobs can replace lost manufacturing jobs in advanced economies? A new book by Yossi Sheffi, an international expert in supply chain management, takes a look at logistics clusters and how they could be the key to answering these questions.
If safety directors prepare workers beforehand, they can ensure they’re ready for a potential emergency. Understanding common mistakes businesses make in preparing for emergencies is an important step in emergency planning and training.
Reducing inventory within certain categories or improving inventory turns are two excellent ways to please your shareholders or your boss. But true inventory optimization requires a complex, multi-faceted approach that factors in the many variables that drive your distribution business’ profitability.
Spring and fall herald pleasant weather in many areas, with warm days and cool nights. However, the same combination that makes outdoor activities pleasant can wreak havoc in industrial facilities. Temperature and humidity swings create condensation on concrete slab floors common in many industrial settings. Known as “sweating slab,” this sheen of water can cause big issues with employee safety and product integrity.
For years we have been focused on best practices: it is phenomenal and we have got to continue that. Unleash:WD is not about best practices: it is about next practices. What we can do to transform our business and reexamine the model and build this business to create, capture, and deliver value in ways that we haven’t even imagined as of yet.
A remarkable transformation has taken place within the City of Redlands supply store. Gone are the outdated computers and shelves of dusty inventory. In their place stand 42 state-of-the-art vending machines designed to dispense safety gear, fasteners, fittings and other items city workers need to do their jobs.
Evidence that companies increasingly view their supply chain as a driver of revenue growth and competitive advantage, rather than just operational excellence, is detailed in the annual Chief Supply Chain Officer Report, published today based on research conducted by SCM World and sponsored by E2open.
Jim Tompkins, CEO and President of Tompkins International, told participants that global business is at a critical X-Roads – and understanding why and how Amazon is their biggest competitor is a key tipping point in determining future success or failure.
It’s been awhile since we ran an ID Index in Today in Distribution. We had a busy month bringing you the 2012 Big 50 List, and now we are ready to get back into the swing of things to bring you the latest market analysis for distributions largest publicly-traded companies.
The Receivables Exchange is an online marketplace for the sale of accounts receivable. The exchange allows businesses to gain quick access to working capital by auctioning their invoices to a global network of institutional buyers.
PwC’s new report identifies seven factors—including transportation and energy costs; currency fluctuations; U.S. market demand; labor costs; U.S. talent; availability of capital; and the tax and regulatory climate—as the primary catalysts influencing manufacturers' decisions to establish production facilities domestically and produce products closer to their major customer bases.
Recently, McGladrey released the 2012 McGladrey Manufacturing & Distribution Monitor report, highlighting the trends in manufacturing and the supply chain as reported by middle-market manufacturers and distributors. Industrial Distribution had the opportunity to speak with Karen Kurek, National Manufacturing & Distribution Practice Leader at McGladrey, on the recent survey results.
The 2012 Big 50 List is a compilation of the top industrial distributors in the world, with revenues ranging from just over $100 million, to the giants posting multi-billion dollar sales numbers. To see last year's list, visit the 2011 Big 50 List. Do you think your company should be on it next year?