For businesses that manufacture aerospace, pharmaceutical or other high-value items, even a single component built into a product can be worth tens of thousands of dollars. Losing track of a basket filled with parts can thus be extremely costly, due not only to each component's cost but the potential loss of production time if assembly is delayed. The solution may be RFID technology, according to Marlin Steel Wire Products, a producer of custom wire baskets and other metal products.

The methods for measuring quality in the automotive industry are outdated and in need of replacement, according to a study detailed by AIAG, a not-for-profit organization that works with global manufacturing companies and service providers to help them operate at peak performance.

International Civil Aviation Organization authorities have encouraged the more than 700 officials that convened in Montreal for its High-level Conference on Aviation Security to adopt new airfreight security measures. A risk-based approach to cargo safety is key, ICAO personnel reiterated during the conference.

Jeeves Information Systems AB, a developer of enterprise resource planning (ERP) systems for small and medium-sized businesses, has established a new headquarters for its North American operations in Chicago.

FirstCarbon Solutions, a provider of software and consulting services to enhance the environmental sustainability of business, has expanded its partnership with the Carbon Disclosure Project (CDP). FirstCarbon will score companies' submissions on their greenhouse gas emissions and carbon-management strategies to CDP Supply Chain. The latter works with global companies to measure and understand the impact of climate change across supply chains. An independent, non-profit organization, CDP helps companies and cities to measure, disclose, manage and share information on environmental risk and opportunity.

As with most government agencies, the U.S. Department of Defense faces intense pressure to be more efficient in how it spends tax dollars. Building greater trust with defense contractors might be the solution, according to a new study sponsored by the U.S. Air Force and co-authored by professors from the University of Tennessee, Auburn University and the University of Alabama.

Thirty-six percent of all targeted attacks (58 per day) during the last six months were directed at businesses with 250 or fewer employees, according to the June 2012 Intelligence Report from Symantec. The figure was 18 percent at the end of December 2011.

The International Air Transport Association (IATA) announced global traffic results for May showing a general downward trend in line with deteriorating global economic conditions.

Following a boom in commercial aircraft orders in 2011, a year which saw the successful launch of the Airbus A320 NEO and the Boeing 737 MAX, the aerospace industry is now faced with having to deliver a huge backlog. According to a study of the aerospace and defense industry released by global business advisory firm AlixPartners, the industry must increase production rates by 45 percent in volume by 2015 if it is to meet demand, representing the industry's biggest challenge in the coming years.