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Kennametal has reached a definitive agreement to sell its Full Service Supply business to U.S.-based Ferguson, an integrated supply and distribution subsidiary of Wolseley PLC, for about $41 million. Full Service Supply provides integrated supply chain management and logistics to large and midsize metalworking plants. Industrial Distribution (4/5)
Although product-lifecycle-management systems, which manage a product from conception to manufacture to service and retirement, have become a permanent factor in the manufacturing industry, most manufacturers use only a piece or two of its capabilities. The big drawback to widespread adoption of PLM has been cost, writes IndustryWeek, but the price tag is coming down. IndustryWeek (4/2005)
Drug manufacturers increasingly are attempting to keep supply and demand more in balance by putting an end to the practice of "speculative buying," where wholesalers purchase drugs ahead of manufacturers' price increases, then hoard the drugs until higher prices kick in. Wholesaler-distributors are fighting back by implementing a "fee for service." Investors Business Daily (4/4)
The 2005 Retirement Confidence Survey conducted by the Employee Benefit Research Institute has found 65% of respondents say they are very or somewhat confident of their nest egg, even though only 42% of them calculated their needs for retirement. Experts say the survey reveals problematic misperceptions among American workers and shows their confidence likely is misplaced. Newsday (4/5)
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A Better and Easier Way to Improve Warehouse
Operations Read twelve case studies of companies noted for their Warehouse and Distribution Center Operations to learn how organizations can improve the efficiency and profitability of their warehouse operations through resource based costing. Click here to read these case studies. |
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