Flextronics will acquire Motorola Mobility's manufacturing operations in Tianjin, China, and will also assume the management and operation of its Jaguariuna, Brazil, facility. Employees and assets at both locations will transfer to Flextronics after the transaction closes.
FTR's Trucking Conditions Index (TCI) started to rise significantly in September as expected, recording a 65-percent increase over the August index numbers to a level of 9.6, before giving back some of that gain in October, easing to a reading of 7.9.
Import cargo volume at the nation's major retail container ports is expected to increase 3.9 percent in December despite a strike that closed the nation's largest port complex for the first few days of the month, but retailers are keeping a close watch on a possible strike on the East Coast and Gulf Coast, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
Two industry groups have joined to fill the need for a globally harmonized approach to measure and communicate product lifecycles. The Consumer Goods Forum, a global network of more than 400 retailers, manufacturers, service providers and other stakeholders, has partnered with The Sustainability Consortium, which is dedicated to developing science and integrated tools to support informed decision making for product sustainability across the consumer goods industry.
Retail is in a dramatic transformative phase. Consumers' multichannel access and shopping make multi/merged channel fulfillment the focus for retail. No more relegating supply chain to the backwaters of retail management!
Joey Carnes, CEO of MIQ Logistics, says that changing demographics, especially the aging of global populations, will have a profound impact on consumer-driven supply chains in the next five to 15 years and needs to be given greater weight in supply chain models.
On the eve of his inauguration and his party's return to power, Mexico's new president, Enrique Peña Nieto, vowed to reshape his country's education, business and energy sectors in ways that could have profound effects on the United States.
We are living in a world of speed, immediate accessibility and instant gratification. To keep up with the demand, manufacturers have to procure raw materials, build components, assemble finished goods and physically ship them across the world. Yet they are challenged with shorter and shorter lead times, an unlimited range of finished goods SKUs, selling goods and procuring materials globally and the unending pressure to do more with less. This concept of speed when applied to material replenishment has come to be known as "Inventory Velocity". There are some principles and practices on how to improve inventory velocity in this complex environment.