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Organizations in the News
Articles in category: Manufacturing & Automotive
Comprehensive Category Management
Spot buying individual categories at market lows or evening running reverse auctions at opportune times is not category management. And for that matter, neither is an event that covers the entire category. At this point you probably think that the doctor is losing it a little, because how could it not be category management if you are addressing the whole category?(Read Full Article)
The old assumptions driving supply chain design and strategy were focused on achieving the lowest possible cost of goods and the most efficient distribution to stores. Today, a new model is emerging, not driven by enterprise technology or supply chain innovations - but by customers. In the omnichannel retail world, almost every single store-driven assumption about supply chain is being challenged and getting replaced by a digital-driven future.(Read Full Article)
On 26 June 1974 - just over 40 years ago - a pack of Wrigley’s Juicy Fruit chewing gum became the first item to be scanned at a supermarket checkout, a year after the retail industry adopted the GS1 barcode as a unified standard for identifying and tracking products. Today, barcodes are still an integral retail technology and part of the high street experience.
According to GS1, the not-for-profit organisation that monitors demand chain standards, the barcode has created huge efficiencies in the supply chain, enabling 21 per cent shorter lead times for warehouse operators, 42 per cent lower costs for ...(Read Full Article)
Samsung Electronics said it halted business with a supplier in China over suspected use of child workers, the first time it has taken such a step, after criticism that its monitoring of labour practices at suppliers was inadequate.
The decision, announced on Monday, comes less than a week after US-based China Labour Watch said it found "at least five child workers" without contracts at the supplier and called Samsung’s monitoring process to halt such practices "ineffective."
Samsung, the world’s biggest smartphone maker, said it conducted three audits since last year of the supplier, a wholly owned subsidiary of ...(Read Full Article)
As the National Union of Mineworkers of South Africa-led metal and engineering sector strike continues, vehicle manufacturers have started halting production at some plants as car component supply is interrupted. Toyota, which maintained full production for the first 14 days of the strike, owing to contingency build-up, was set to shut down two production lines on Tuesday.(Read Full Article)
A CONCERTED effort by the major platinum companies is needed to bring mines back into production as quickly as possible to restore confidence in the sector, says Derek Engelbrecht, who has retired after 22 years as head of marketing for Impala Platinum (Implats).
In addition to denting South Africa’s reputation as a reliable and sustainable platinum supplier, the strike by the Association of Mineworkers and Construction Union had reduced above-ground stocks of the metal, Mr Engelbrecht said in an interview marking his retirement.(Read Full Article)
Supply Managers are only heroes in those leading organizations that were forwarding looking enough to let Purchasers gain influence in both the inbound and outbound supply chain and raise the profile of the organization in the eyes of both customers and suppliers. Their new practices, global view, and risk mitigation not only raised their profile, but also the profile of the organization as a whole. They were given more respect and authority, and soon after were the heroes of their organization.
But not every organization had the foresight of these leading organizations and, as a result, it is still only ...(Read Full Article)
For the Dodd-Frank reporting year 2013 98% of suppliers filed with no sourcing determination. Didn't know or not telling? While we can't be certain why virtually all filers did not have meaningful sourcing declarations, we do know that supplier education & training can improve suppliers' response time and completion rates for conflict minerals due diligence.
Seven of the world's largest industry associations collaborated with Source Intelligence and Schulte Roth & Zabel LLP to launch a web-based training module within the Conflict Minerals Resource Center (CMRC). The training module is based on the best practices developed by leaders in these ...(Read Full Article)
Prasa’s Rolling Stock Fleet Renewal Programme is much more than the procurement of trains - the move is set to stimulate economic development and local manufacturing, says Communications Minister Faith Muthambi.
Minister Mathambi says the programme will bring this industry to its former glory and revive South Africa’s rail engineering sector.
“This is another special milestone in government’s commitment to build infrastructure that will stimulate the economy and support local procurement.”
The minister was speaking to the media on Thursday following a Cabinet meeting, which was held just days after the Passenger Rail Agency of South Africa (Prasa ...
BMW SA will cut production by a third from Wednesday as the week-long strike by the National Union of Metalworkers of SA (Numsa) affects its Rosslyn plant.
The maker of the 3-Series sedan is the second vehicle manufacturer to take steps to manage the strike’s disruptions to its component supply chains. General Motors SA (GMSA) shut down its production lines last week.
BMW said on Monday that it would resume limited operations from Tuesday after closing for a week for factory maintenance.(Read Full Article)
WORKERS at components factories supplying General Motors’ South African plant remained on strike on Monday, but the vehicle maker said it had sufficient inventory for both domestic and export customers for the medium term.
More than 200,000 members of the National Union of Metalworkers of South Africa (Numsa) stopped work last week demanding salary hikes of up to 15%, in a strike that will further hurt the ailing economy.
Numsa has rejected an updated 10% offer from employers’ group the Steel and Engineering Industry Federation of Southern Africa.(Read Full Article)
Having the right frame of mind and utilising data and facts are two of the key ingredients for successfully driving transformation. Speaking at a CIPS member event in London last week, Toby Munyard, partner at procurement consultancy Efficio explained the six elements of effective change management. These were:
Data and facts. “This is probably the one thing that gives you an ability to be able to have a discussion,” said Munyard.(Read Full Article)
The procurement function of the Renault-Nissan Alliance generated €1.036 billion (£824 million) savings in 2013.
Purchasing, which is jointly managed by the Renault-Nissan Purchasing Organisation, was the biggest contributor for cost reductions, cost avoidance and revenue increases last year.
Overall, the Alliance posted record “synergies” of €2.87 billion (£2.3 billion) in 2013, up from €2.69 billion (£2.1 billion) in the previous year. It explained that only new synergies – not cumulative synergies – are taken into account each year.(Read Full Article)
Trade and Industry Minister, Rob Davies, has approved the newly revised guidelines for the Automotive Investment Scheme (AIS) as well as the People-carrier Automotive Investment Scheme (P-AIS).
The department held a series of consultative engagements with stakeholders in the automotive sector which led to the revision of the guidelines.
“During these sessions, the department received feedback indicating that many companies were looking at business maintenance and stability strategies as opposed to investment growth due to the levels of investment amongst automotive suppliers, especially as the economic crisis post-2009 placed a strain on companies’ expansion plans,” Minister Davies said on Wednesday.(Read Full Article)
It’s an uncomfortable truth that when we buy some types of jewellery, a smart phone or a replacement part for a computer, we might inadvertently be supporting armed conflicts and child labour thousands of miles away from our homes. In response, the use of ‘conflict minerals’ – elements sourced in areas that fund terrorism, war or unethical labour practices – is being tackled seriously by governments and businesses around the world.(Read Full Article)
TRANSNET said annual profit rose 25% as South Africa’s state-owned rail and ports operator boosted revenue from transporting minerals.
Net income advanced to R5.17bn in the 12 months ended March 31 from R4.14bn a year earlier, CEO Brian Molefe told reporters on Monday in Johannesburg. Revenue increased 13% to R56.6bn, he said.
The state-owned company is investing about R308bn over seven years through 2019 to increase capacity in rail freight, ports and fuel pipelines in Africa’s second-biggest economy. Transnet hauls coal for companies including Glencore to Richards Bay Coal Terminal, the world’s biggest such ...(Read Full Article)
Engineering and manufacturing (E&M) firms globally are lagging 10 years behind other industries in terms of supply chain development, according to a study.
The report, The Resiliency Challenge: Constructing the Agile Supply Chain for Heavy Industry, said companies had been slow to respond to changing patterns of demand, cost pressures and the rise of consumer expectations in industrial sectors.
Report author Lisa Harrington, president of the lharrington group, said: “Change won’t come easily to an industry populated by companies which have been around for over 80 years and are used to ‘business as usual’.(Read Full Article)
PRODUCER inflation continued to increase last month, figures out this week are expected to show, as factors such as high energy and other administered costs weighed.
Producers, whose confidence levels are near five-year lows, have not passed on higher costs to consumers given lacklustre economic growth and weak consumer spending.(Read Full Article)
Proudly South African (Proudly SA) has welcomed the new administration’s commitment to promote local procurement.
Delivering his State of the Nation Address (SONA) on Tuesday night, President Jacob Zuma announced that government will continue to roll out the implementation of the Industrial Policy Action Plan, which will help promote local procurement.
It will also increase domestic production by having the state buy 75% of goods and services from South African producers. "President Zuma and the government's commitment to ‘Buy Local’ speaks directly to job creation and efforts to alleviate the triple challenges of unemployment, poverty and inequality in ...
Safety, security and sustainability are the top concern for travel managers worldwide, ahead of procurement and technology. This year’s AirPlus International Global Travel Management Study found that data security is the top priority for 68 per cent of respondents; while 66 per cent placed a high emphasis on both traveller safety and traveller comfort.
AirPlus asked respondents about a number of 'micro-trends' with regard to their impact on the travel industry.(Read Full Article)
The Dominican Republic, Venezuela and Kyrgyzstan are the countries most susceptible to supply chain disruption, according to a new global index.
Norway, Switzerland and Canada topped the list of nations most resistant to such disruption – one of the leading causes of business volatility – on the 2014 FM Global Resilience Index.
The online tool ranks the business resilience of 130 countries, and is designed to help businesses better assess and manage supply chain risk.(Read Full Article)
The 2014 FM Global Resilience Index released today finds Norway, Switzerland and Canada top the list of nations most resilient to supply chain disruption, one of the leading causes of business volatility. The first-of-its-kind Index, commissioned by FM Global, one of the world’s largest commercial property insurers, is an online, data-driven tool and repository ranking the business resilience of 130 countries. More than a year in development, the Index is designed to help executives better assess and manage supply chain risk.(Read Full Article)
Supplier Relationship Management (SRM) may be staging a comeback, as companies seek new ways of mitigating risk and controlling costs.
According to a new report by Source One Management Services, LLC, supply chain managers are again realizing the value of extending the value relationship.
“Suppliers can be neglected during the course of their contracts,” says Brad Carlson, director of Source One’s Supplier Management practice. “And though some companies have an informal supplier management process, it usually lacks the formality and processes to drive success.
.(Read Full Article)
THE platinum strike is in its fifth month. We learned last week that it has already caused a 0.6% annualised contraction of South Africa’s gross domestic product (GDP) in the first quarter. Mining production shrank a huge 25%. Manufacturing contracted, too, at an annualised 4.4%. Some of this is because manufacturers supplying the platinum mines are also being hurt by the strike. But it also reflects a deeper weakness in the economy as a whole, which was already causing great anxiety.(Read Full Article)