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Industrial Manufacturing: Page 237

Elevating Supply Chain Planning IQ with Data Analytics

Supply chain is the largest expense for any product company and generally accounts for 60 percent to 90 percent of all costs. Controlling such a substantial expense demands continuous performance improvement and high operational efficiency. Research suggests the existence of a statistically significant relationship between analytical capabilities and supply chain performance. In other words, data analysis can assist in controlling supply chain costs. Further, an analysis of 310 companies from different industries in the USA, Europe, Canada, Brazil and China indicates that analytics of the supply chain plan has the second-biggest influence on supply chain performance.

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Pain Points in Manufacturing and Supply Chain

Kieran Brennan, director of business development with Syncreon Technology, discusses the "yo-yo" effect of choosing between complete manufacturing at the factory, and relying on postponement strategies in regional markets.

Analytics Isn't New, But the Latest Version Does Require a New Understanding

Analytics companies are popping up everywhere as Big Data starts to work its way into more executive conversations. We've been down this road before; analytics isn't a new concept. However, new related technologies and a better understanding of what's at stake for businesses may make this wave a different one. The key is for everyone to get comfortable with the idea of using the new tools to roll their own analytics.

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OECD Rules on Transfer Pricing Could Affect U.S. Multinationals' Tax-Avoidance Schemes

U.S. multinational companies that routinely allocate their profits to other countries to benefit from low-tax jurisdictions may soon need to change their tactics.

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CFOs of Small, Mid-sized Manufacturers Optimistic About Growth in 2013, Survey Says

CFOs remain optimistic about financial prospects and are focused on growth, as indicated by increased hiring, capital and R&D investments, according to buying consortium Prime Advantage's fifth annual Group CFO Survey.

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AA Cargo Launches Nonstop Service Between Chicago, Dusseldorf

American Airlines Cargo has begun nonstop service between Chicago's O'Hare International Airport and Dusseldorf, Germany.

ICAO, TIACA to Enhance Their Cooperation in Air Cargo

The International Civil Aviation Organization (ICAO) and The International Air Cargo Association (TIACA) signed a Declaration of Intent to strengthen co-operation on technical matters.

Remanufacturing: A Strategy for Lowering Supply-Chain Costs

Don Olson, senior director of remanufacturing business operations with Alcatel-Lucent, explains how the concept of remanufacturing can reap cost, environmental and customer-service benefits for high-tech companies.

Use of Robots Creates Image Problem for U.S. Manufacturers

When asked to describe the impact on the economy of modernizing factories with advanced technology and automation, nearly two-thirds of Americans told pollsters that it either made no difference or actually hurt the economy, according to The Wall Street Journal.

Fresh & Easy Grocery Chain Goes Stale; Parent Tesco to Pull Out of U.S. Market

Tesco PLC's ambitious U.S. experiment - 5-year-old grocery chain Fresh & Easy - has failed after costing its British parent billions of dollars, the company said.

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Expanding Panama Canal Will Downsize Number of U.S. Air Cargo Hubs, Report Finds

An expanded Panama Canal will result in a smaller number of North American air cargo centers, according to the recently released North American Port Analysis by commercial real estate firm Colliers International. The report, titled "CapEx or Capsize," says air cargo's role in global trade will be defined by the tug-of-war between energy/infrastructure costs and e-commerce growth in the first post-Panamax decade, from 2015 through 2025.

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In an Effort to Achieve 'Conflict-Free' Supply Chain, HP Releases List of Its Mineral Smelters

HP has published a list of the 195 smelters that have been identified within its supply chain. The move is designed to achieve a conflict-free supply chain for itself and to encourage the entire industry to move toward greater utilization of conflict-free smelters and refiners.

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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Moving Robots Site-to-Site