Industries | SupplyChainBrain

Industries: Page 1242

Factors to Consider When Determining If You Need an ERP System

To ERP, or not to ERP, that is the question: Whether 'tis nobler in the mind to suffer The slings and arrows of outrageous ERP vendors, Or to take arms against a cloud of component solutions"¦

Sales Growth, Profit Margins Among Private U.S. Companies on Upward Swing, Report Finds

Nearly all employer firms in the U.S. are private (with listed companies representing less than 1 percent), so the performance of private manufacturers is a key barometer of the sector as a whole, according to a report from Sageworks, a provider of financial analysis solutions. In the six-month period ending in January 2013, private manufacturing companies were seeing 9.5 percent annual sales growth, up slightly from the six-month period ending in December 2012.

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Collaborative Purchasing, Revisited

So collaborative purchasing appears feasible for the restaurant industry. But what about other business sectors? Can different companies - even direct competitors - really band together to get better deals from their suppliers?

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Asian Supply Chain Optimization Improves On-time Delivery, Margin for European OEM Components

Analyst Insight: The automotive industry is an orchestration of marketing, logistics and product development. This orchestration, which leads to higher complexity and demand, requires that many parts be available in manufacturing and services. And this global and complex way of looking at a problem drives the European automotive industry to operate in Asia, as well as localize their supply chains for sales in Asia. However, the logistics for Original Equipment Manufacturers (OEM) between these two continents sometimes become complex. - Thomas Wiedmann, Managing Director, Europe, Tompkins International

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Balancing the Triple Bottom Line of People, Planet and Profits

Analyst Insight: Sustainability is a global business megatrend with cross-functional implications that for-profit corporations cannot afford to ignore any more than IT or quality management. Sustainability means balancing environmental impacts, social welfare and profit-making activities to promote value along the so-called "triple bottom line." Given increasingly conscientious consumers and growing limits to resource availability, success in the era of climate change will be reserved for companies that have sustainable supply chains and operations. - Nada Sanders, Professor and Iacocca Chair, Lehigh University; Director of EcoNautics Sustainability Institute

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EDI Communication: The Language and Standard of Business

Analyst Insight: EDI continues to grow steadily each year. And with markets in growing economies yet to penetrate (Asia and South America), EDI has had a challenge making a firm beachhead in emerging markets, though EU and North American business partners from the retail, automotive, healthcare and financial services industries, to name a few, rely on and require EDI as their language of trade. - Ann Grackin, CEO, ChainLink Research

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There are Good Ways and (Very) Bad Ways to Manage Crises - Like Horse Meat in Food You Serve

Many balk at the idea of biting into Seabiscuit. The cultural taboo around eating horse is one reason why the public has had such a negative reaction to the news that certain European suppliers have been shipping beef contaminated with horse meat.

Industrial Machinery Will Be Export-Import Growth Engine for Next 10 Years or So

Industrial machinery is expected to be the top driver of U.S. export and import trade now and in the next decade, according to the latest HSBC Commercial Banking Trade Forecast.

Survey Reveals Strong Growth Within the U.S. Manufacturing Industry

Nearly three out of four leaders within the manufacturing industry have either expanded their product or service offerings in the past year, or plan to expand them in the coming year, according to a survey conducted by Travelers Companies.

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Fleet Behavior Tracking Systems Released

A U.S. firm has announced the addition of a driver behavior feature set to its fleet tracking system. The technology aims to help fleet operators identify drivers who are compromising safety and fuel efficiency by their behavior behind the wheel.

Supply Chain Finance Provider Releases New Version

PrimeRevenue Incorporated, a provider of a SaaS platform for global supply chain finance, announced the release of version 5.5 of its OpenSCi SCiSupplier platform.

Four Indonesian Airports to Adopt New Airfreight Security

Four of the busiest airports in the country will get tightened cargo security this year to enhance screening of dangerous items, a move that raises concerns from business people who say the extra measure will make the current "slow" service even less efficient.

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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

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

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