With rising labor costs, more factories are leaving for better locations in India and Vietnam. In Shenzhen, sewing machines that made garments for Lever Style now collect dust. Activity on the factory floor has dropped over the past 2 years by 33% or 5,000 workers as lower labor regions (more...)
Leading firms today are turning to ‘Additive Manufacturing’ to get their products to market faster. From consumer goods to medical implant devices, companies in numerous segments are leveraging lower cost 3D printers to rapidly prototype parts – even sending them around the world via internet to a local printer. (more...)
With the worldwide selloff in commodities, speculators are short selling metals causing great turmoil in the metals and mining sectors. The depressed demand for aluminum and other basic raw materials is taking its toll on both the top and bottom lines of the major suppliers as well as the revolving (more...)
To better control the cradle-to-grave ownership of its heavy duty construction equipment, Caterpillar recently bought partial ownership of CAT Auction Services. They are using the auction format to expand their sales of replacement parts and service, warranty insurance and customer financing which as reported in the Wall Street Journal can be more (more...)
Pella is a leader in designing, manufacturing and installing high quality windows and doors in new and re-modeled homes. Pella will be holding a reference event 24~25 April 2013 at their HQ in Pella Iowa for those interested in learning about Lean operations, excellence and continuous improvement leveraging their Oracle applications.
Discussions will take place around their customer experience, process improvements on the factory floor and their utilization of business analytics to drive better business decisions. The factory tours are impressive as the raw lumber and glass moves through the production process and exits a completed window or door!
With the Dow approaching new highs and the resulting market optimism, there are several significant factors surfacing today that supply chain managers need to pay close attention to.
· * According to a recent Accenture study, "Emerging household incomes are expected to increase by $8.5TRILLION between 2010 and 2020". Adaptive supply chains will need to react accordingly to response to the potentially 3Billion people entering the middle class (Read Prestowicz “3 Billion Capitalists”).
· * There are 117 emerging market companies in the Fortune Global 500, a Six-fold increase since 2000 (Log.Mgmt, Feb’13, p.43). (more...)