Since the 2008 economic crisis hit, many firms have been forced to cut back in order to keep their businesses afloat. Enterprise software spending is one area where cutbacks have been most noticeable. But now that the global economy is starting to rebound and information technology budgets are unfreezing, companies are evaluating upgrade or replacement enterprise resource planning systems with added functionality to support their changing business needs.
In the strongest terms possible, defense and diplomatic leaders have urged the U.S. Senate to ratify the Law of the Sea Convention. Defense Secretary Leon E. Panetta along with Army Gen. Martin E. Dempsey, the chairman of the Joint Chiefs of Staff, joined Secretary of State Hillary Rodham Clinton in testimony before the Senate Foreign Relations Committee. All three urged the committee to approve the treaty.
Avnet provides leading-edge supply chain visibility solutions to OEM customers that have extended global supply chains and significant contract manufacturing operations. These supply chains often are highly complex and very geographically dispersed.
The growing complexity of products, along with the continued globalization of business, has made the supply chain more sophisticated and difficult to manage than ever before. Add to this the threat of unexpected natural disasters - such as the earthquake, tsunami and nuclear crisis in Japan last year - and suddenly manufacturers face challenges that are so complicated they warrant re-thinking the fundamental principles of supply chain management that have guided businesses for years.
In a move it says will improve its supply chain efficiency, Pinnacle Foods Group LLC announced plans to consolidate its Vlasic pickle production into one plant in Imlay City, Michigan. The company's decision to focus on its branded Vlasic business and de-emphasize its lower-margin, un-branded pickle business was the catalyst for this consolidation.
April saw a turn-around in the trend of the prior two months in the used Class 8 truck market, as volumes sank and pricing rose. The update on the used market was reported in the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.
East Asian economies have recorded marked improvements in their ability to enable trade, while traditional frontrunners Singapore and Hong Kong retain a clear lead at the top of the global rankings, according to the Global Enabling Trade Report 2012, released by the World Economic Forum.
More than 80 per cent of small- to mid-sized businesses are concerned about customs delays impacting their ability to properly manage their business - yet nearly a third say they tend to ignore the myriad of changes to government regulations and hope for the best when transporting their goods across international borders.
Forty-six percent of fleet managers cite cost savings as the primary focus of executive management as it relates to their company's fleet operations, according to a recent survey conducted by GE Capital, Fleet Services. This was followed by on-time delivery and service, driver safety and resource productivity (all 15 percent).
After sixty-two years with Fortna, Barbara "Susie" Hafer is retiring. According to the U.S. Bureau of Labor Statistics, the average employee tenure is 4.4 years. Hafer's 62-year tenure is a great achievement and a reminder of different times.