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Daily industrial news and top headlines for plant and maintenance managers

Profitability Through Supply Chain Excellence: Chemicals Business

November 7, 2014 2:11 pm | by Laura Rokohl | Articles | Comments

Specialty chemicals companies today face numerous uncertainties and constantly navigate internal and external business variables, but sophisticated software systems are available to drive supply chain excellence and to align people and processes.

Businesses Urge Presidential Involvement in Port Dispute

November 7, 2014 9:14 am | by Stephen Schatz, National Retail Federation | News | Comments

A diverse coalition including retailers, manufacturers and farmers and other supply chain stakeholders sent a letter to President Obama today urging the government’s immediate involvement in contract negotiations between the Pacific Maritime Association and the International Longshore and Warehouse Union.

Beef Costs Eat Up Wendy's Profit

November 6, 2014 10:00 am | by Candice Choi, The Associated Press | News | Comments

The hamburger chain reported a lower-than-expect profit for its third quarter, noting that beef costs were much higher than initial projections.                               

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Duck Farming Fading Away on New York's Long Island

November 5, 2014 9:48 am | by Frank Eltman, The Associated Press | News | Comments

Once as synonymous with Long Island as Gatsby mansions, the Long Island duck is quietly fading into the history books. By the end of this year there will be only one duck farm left on Long Island; that's down from a high of more than 100 in the early 1960s that produced up to 7.5 million succulent birds annually.

Gas Price Conspiracy Theories Debunked

November 3, 2014 2:04 pm | by CNNMoney | News | Comments

Gas prices are at their lowest in four years thanks to plummeting crude oil prices. Industry insiders have their own theories as to why, but the answer may be simpler than you think.                   

Exxon, Chevron Shrug Off Effect of Low Oil Prices

October 31, 2014 2:14 pm | by Jonathan Fahey, The Associated Press | News | Comments

Falling oil prices hardly seem to be bothering the two biggest U.S. oil companies, but things could get tougher in the coming months.                                 

Not So Sweet: Chocolate Prices Set To Rise

October 30, 2014 2:09 pm | by Steve Rothwell, The Associated Press | News | Comments

The cost of ingredients in chocolate bars is rising, and the nation's biggest candy makers have already warned of price hikes next year. And it's not just costs that are pushing up prices. A growing sweet tooth around the world means more demand for chocolate.

North American Robotics Market Sets New Records

October 28, 2014 9:35 am | by Robotic Industries Association | News | Comments

Robot orders and shipments in North America set new records in the first nine months of 2014, according to Robotic Industries Association (RIA), the industry’s trade group.                       

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Toyota at Top in Global Vehicle Sales

October 28, 2014 9:31 am | by Yuri Kageyama, The Associated Press | News | Comments

Toyota kept its lead over rivals Volkswagen and General Motors as the world's top-selling automaker in the first nine months of the year, reporting record sales of 7.615 million vehicles, up nearly 3 percent from the previous year.     

Parker Hannifin Introduces New Rapid Service Unit

October 24, 2014 4:16 pm | by Parker Hannifin | News | Comments

Parker Hannifin, the global leader in motion and control technologies, introduced its Rapid Service Unit as a part of the existing Custom Manufacturing Operation.                         

Coke Slashing Costs as Soda Sales Remain Flat

October 21, 2014 2:15 pm | by The Associated Press | News | Comments

Coca-Cola said it plans to slash costs by $3 billion a year after the world's biggest beverage maker reported disappointing sales on flat soda volume.                             

5 Solutions for Supply Chain EHS Performance Neglect

October 21, 2014 9:31 am | by Paul Leavoy | Articles | Comments

As EHS regulations and best practices become more comprehensive and expansive, we’re seeing a new imperative in managing EHS supply chain performance. No longer is it acceptable to simply manage EHS performance within your own organization.   

Canadian Pacific Ends CSX Deal Talks

October 20, 2014 10:47 am | by Tom Murphy, The Associated Press | News | Comments

Canadian Pacific Railway has ended talks with U.S. counterpart CSX about a possible combination and plans no more discussions.                                   

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4 Trends For A&D Value Chains: New Opportunities, New Challenges

October 14, 2014 2:43 pm | by Su Doyle | Articles | Comments

Within the aerospace and defense segment, four trends are driving the adoption of RFID to achieve improved process automation, efficiency and traceability.                           

Is the Trade Deficit Really So Bad?

October 13, 2014 9:54 am | by Mike Collins | Articles | Comments

You don’t have to be an economist to see that accepting growing trade deficits with no plan to reduce the debt (or even pay for the debt) is a house of cards waiting for some kind of macro economic trigger to cause a collapse.       

Is Currency Manipulation Hurting American Manufacturing?

October 10, 2014 9:25 am | by Jon Minnick, Manufacturing Business Technology, Associate Editor | Blogs | Comments

Not only is the trade deficit possibly hurting manufacturing at home, but currency manipulation by foreign countries that the U.S. trades with could be making it worse.                       

In Today’s Supply Chain, Anticipating Risk is Only Half the Battle

October 8, 2014 1:27 pm | by Sundar Kamakshisundaram | Articles | Comments

As supply chains have become more complex and more global, just knowing your tier one and tier two suppliers no longer cuts it. To effectively manage risk, you need to know your suppliers’ suppliers — and even the suppliers supplying them. And more important, you must move from anticipating risk to proactively predicting it. 

Pepsi's True Move To E-Commerce

October 2, 2014 5:29 pm | by USA Today | Videos | Comments

Pepsi is launching a new line of naturally sweetened soda, exclusively through Amazon — a big move in an industry that has lagged in e-commerce.                               

Pace of U.S. Manufacturing Slipped in September

October 2, 2014 9:32 am | by Josh Boak, The Associated Press | News | Comments

The pace of U.S. manufacturing growth slowed in September, as expectations for hiring and new orders slipped from their August levels.                                 

Mexican Cartels Steal Billions From the Oil Industry

September 29, 2014 9:24 am | by Mark Stevenson, The Associated Press | News | Comments

As Mexico prepares to develop rich shale fields along the Gulf Coast and attract foreign investors, a challenge awaits: taming the brutal drug cartels that rule the region and are stealing billions of dollars' worth of oil from pipelines.

Supply Chain Transformation With COE

September 26, 2014 11:53 am | by E2openTV | Videos | Comments

Here's a look at Supply Chain Centers of Excellence — what they are and how to do it right. Find out more about the six best practices that will help supply chain leaders inject innovation into their organization.           

The Inversion Crackdown is in Full Swing

September 26, 2014 11:46 am | by Maura Falk, Associate Editor | Blogs | Comments

It looks like the Obama administration has finally thrown down the gauntlet with companies moving their headquarters overseas.                                   

UPS may be Changing the Supply Chain World

September 25, 2014 1:53 pm | by Chris Fox, Editor, Manufacturing.net | Blogs | Comments

With over 130 aircraft and an average of 1.6 million packages traveling through Worldport, a UPS facility in Louisville, on a daily basis, this facility is not just a massive (and efficient) mailroom, it is a wonder of contemporary automation.

Getting More Entrenched in Your Supply Chain is a Few Clicks Away

September 24, 2014 2:01 pm | by Steve Leavitt | Articles | Comments

If you feel stuck, even just a little bit, you’re probably behind the innovation curve. Good news, this article is for you. Because the secret to getting unstuck — or becoming more entrenched in your supply chain — is only a few clicks away. The secret is information.

Airbus Lifts Aircraft Demand Forecast

September 24, 2014 1:40 pm | by The Associated Press | News | Comments

European jet maker Airbus is raising its long-term forecast for new airplane demand by more than 7 percent, based on expected orders of smaller, more fuel-efficient planes and burgeoning travel in Asia.             

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