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Think Tank
Industrial Manufacturing: Page 258
Are Old-School Banks in Danger of Becoming Extinct?
One could imagine European bankers emitting a collective sigh of relief over the latest election results in Greece, whose citizens last week gave a narrow edge to the conservative New Democracy party. In the process, they ratified the controversial $220bn bailout plan that is intended to keep Greece in the eurozone and avert economic disaster throughout the European Union.
Reducing Overall Supply Chain Costs is #1 Priority Among Manufacturers, Survey Finds
Eighty percent of manufacturers responding to a recent survey rate reducing overall supply chain costs as the number one supply chain priority in the coming year, according to IDC Manufacturing Insights. Nearly 55 percent suggest supply chain agility is second and 52 percent suggest improving product quality and safety is the third-most important priority.
UK Aerospace Parts Supplier Sets Up Operations in Mexico
The Offshore Group of Tucson, Arizona, has entered into a long-term relationship for the provision of outsourced manufacturing support, or "shelter," services in Mexico with UK-based manufacturer, J.J. Churchill Ltd. The British firm, a precision machinist for aerospace OEMs, will install production capacity in The Offshore Group's Roca Fuerte Industrial Park in Guaymas, Sonora, Mexico. The term of the contract between the two parties is for 10 years.
Wipro Launches New Mobility App for Manufacturing Sector
Wipro Technologies has launched m-eXecute, a new mobility application for the manufacturing sector.
Manufacturers Can Benefit from 'Supply Circle' Management
Manufacturers can generate new value, minimize costs, and increase operational stability by focusing on four broad areas: production, product design, value recovery - and supply-circle management.
Vessel Imports Rise Another 5.6 Percent in May
International trade data indicates that U.S. import shipment volume for May, measured in TEUs, increased 5.6 percent from April and 3.5 percent from May 2011.
Volkswagen Slovakia Gains Efficiency in Its Finishing Process
Automobile manufacturer Volkswagen Slovakia is tracking its assembled vehicles as they undergo final servicing and inspection processes at its plant in Bratislava, using a real-time location system (RTLS).
How to Excel in Commodity Risk Management
Essential Keys to Meeting Customer Demand
The Problem With Spend Analytics
Have you ever bought something where price wasn't the deciding factor? A cup of coffee because it tastes better, perhaps? Or maybe a pricier mechanic's services because you trust him? Purchasing decisions in our lives aren't black and white, and they shouldn't be in corporate purchasing departments either.
Analyzing the Steps in the Spend Analysis Process
Spend analytic projects are often driven to meet key goals of the chief procurement officer and procurement organization, chiefly cost savings. However, there are also many different possible uses or goals for spend analytic tools and projects, which might be driven by other executives or offices as well.
Retailer Dresses Up Its Process for Buying Ocean Transportation
Low-cost apparel retailer Primark wasn't content with just a tool for capturing ocean transportation bids. It needed a reliable way to commit weekly business to select carriers so they would be available when it needed them prior to the peak holiday shopping season.
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