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 Gone are the outdated computers and shelves of dusty inventory.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?
Manufacturing contracted in August as the PMI registered 49.6 percent, a decrease of 0.2 percentage point when compared to July’s reading of 49.8 percent. A reading above 50 percent indicates that the manufacturing economy is generally expanding while a reading below 50 percent indicates that it is generally contracting. A PMI in excess of 42.6 percent, over a period of time, generally indicates an expansion of the overall economy.
The next phase of the Department of Energy’s (DOE) energy-efficiency lighting legislation went into effect on July 14, 2012 and requires all impacted lighting to be manufactured to be more energy-efficient. Most recently, the DOE has granted a deadline extension for some lighting categories until July 14, 2014, leaving some businesses uncertain on how to best move forward in adopting energy efficient lighting . . .
Contractors, repair shops, manufacturers, and other traditional industrial distributor customers can go to AmazonSupply to find a huge variety of parts they need for electrical devices, fasteners, fleet maintenance equipment, office supplies, power and plumbing tools, and instruments.
Hipercon Terminais de Cargas Ltda was not quite satisfied with its current email platform – Linux-based SendMail. First, the solution was slow. Second, the company needed robust archiving capabilities to keep up with its business needs.
When Logistics and Operations Manager Rob Granai wanted to bring energy costs down in his non-air-conditioned 19,000 sq. ft. warehouse full of air conditioners and heat exchangers in North Kingstown, R.I., he knew just where to look. In the winter, hot air from the warehouse’s radiant heaters would congregate near the roof, leaving cold pockets at the workers’ level below.
“LSPs tend to take on the characteristics of the industries they serve,” says Chris Ferrell, Director, Tompkins Supply Chain Consortium. “And in turn, this impacts the way they run their business and how they serve their customers.” The report analyzes responses from more than 100 retailers and warehousing/distribution companies on how LSPs are functioning.
Overall revenue projections among U.S. industrial manufacturers remain positive, with 88 percent of respondents expecting revenue growth at their own companies and only five percent expecting negative results . . .
In the first six months of 2012, AD members hired 1,226 new employees and opened 41 new branches . . .
W.W. Grainger (GWW) continues its lead of the index at 199.06 after a loss of 9.10 points, dipping once more below the 200.00 mark . . .
You may think that measuring ROI is hard. However, if you follow these rules, you’ll be on your way to proving your learning program has measurable impact . . .
I am the person that makes the economic engine turn. I am the reason you take home a paycheck . . .
Elobau was using software to manage contacts and customer interaction notes, but the software didn’t have follow-up features, the ability to access the information remotely via the Web and didn’t allow users to share information . . .