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Think Tank
Industrial Manufacturing: Page 234
It's All About Relationships
U.S. Businesses to Spend More on Procurement Technology and Outsourcing, Survey Finds
Companies plan to spend more in 2013 on a range of procurement-related technologies, but they are seeking a more strategic approach to doing so. So says a survey, "Corporate Spending and Procurement Trends - 2013", was conducted by Xchanging, a business process, procurement and technology services provider and integrator.
What Manufacturing Renaissance? The Data Doesn't Support Such Claims.
Despite all the hype surrounding America's supposed Manufacturing Renaissance, the data has painted a starker picture for some time. Hardly a renaissance, U.S. manufacturing has seemed to be closer to a recession.
Preventing Vulnerabilities in the Supply Chain
Today's supply chain is reliant on a complex network involving the movement of goods, services, funds and information across a range of parties worldwide. This makes the supply chain vulnerable to not only cyber-attacks and disruptions, but also cyber espionage.
Manufacturing Operations Management Critical in 'Curb' of Auto Recalls
The latest spate of auto recalls came last month when auto giants Honda, Nissan, Toyota and Mazda were focused to recall more than 3.4 million vehicles as a result of faulty air bags originating from Takata Corp in Japan. Since the initial announcement, BMW has come forward with a related recall action of more than 200,000 of their cars.
Capacity Pinch Seen as Truck Fleets Continue to Shrink and Demand Rises
Although fleet bankruptcies get most of the attention, the slow, steady and largely unnoticed downsizing of fleets will have a major impact on freight capacity as tonnage picks up, according to Derek Leathers, president and COO of Werner Enterprises.
Ship Owners Who Pay Ransom Hinder Anti-Piracy Efforts
The recent revelation that the owner of an Algerian cargo ship whose crew was held by Somali pirates paid them $2.6m in ransom is yet another indication that the rewards these denizens reap for their illegal, life-threatening work remain a serious stumbling block to ending maritime organized crime, said William H. Watson, president and COO of AdvanFort Company, a maritime security solutions provider.
Aspen Technology Issues New Release of Process-Industry Software
Aspen Technology Inc., a vendor of software and services for the process industries, has released version 8.2 of aspenONE.
ABI Research, ITU Team to Create Global Cybersecurity Index
ABI Research and the International Telecommunication Union (ITU) have signed a memorandum of understanding to jointly develop a Global Cybersecurity Index (GCI) to measure the cybersecurity development capabilities of sovereign nation states. The referential will be based on five categories: Legal Measures; Technical Measures; Organizational Measures; Capacity Building; and Cooperation.
Weather Partly Accounts for 16-Percent Decline in April Spot Truckload Freight Volume
Spot market freight volumes declined 16 percent in April compared to April 2012, according to the DAT North American Freight Index. Year-over-year declines in volume were seen across all equipment types: van load volume declined 20 percent, refrigerated ("reefer") loads slipped 10 percent, and flatbed freight dropped 15 percent.
Automated Storage Movement Increased by British Manufacturers
Britain's manufacturing companies are driving a trend towards greater use of automated storage and handling systems. That is the view of Steve Richmond, director of Jungheinrich UK, systems and projects division.
Innovation Efforts Falling Short Despite Increased Investment, Study Finds
Despite increased business investment in innovation, only 18 percent of executives believe their company's innovation efforts deliver a competitive advantage, according to an Accenture study that also revealed a risk-averse approach to product and service development.
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