Ikea Group, the world's biggest furniture retailer, will double its investment in renewable energy to $4bn by 2020 as part of a drive to reduce costs as cash-strapped consumers become more price sensitive.
Until smoldering batteries forced safety regulators to ground Boeing's new 787 Dreamliner jets last week, the aircraft manufacturer was flying high, with soaring profits and a recently regained No. 1 ranking in jet deliveries over Airbus.
IFS, the global enterprise applications company, has released a module to help companies in the aerospace and defense market manage the complex timing and legal needs associated with product export compliance. The extension manages compliance with ITAR, EAR and UK Export Controls.
In July 2009, Airbus became the first commercial aircraft manufacturer to announce plans to employ permanent radio frequency identification tags on parts for its A350 XWB aircraft. Approximately 3,000 serialized, replaceable, repairable parts with a limited lifespan were covered. To date, the company has received and successfully tested its RFID tagged parts as the first A350 XWB aircraft make their way through the production process. Now, Airbus is the first aircraft manufacturer to expand the permanent tagging of selected parts across its entire fleet.
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The methods for measuring quality in the automotive industry are outdated and in need of replacement, according to a study detailed by AIAG, a not-for-profit organization that works with global manufacturing companies and service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.
The latest supply-chain news, analysis, trends and tools for executives in the aerospace and defense industry. Learn how aerospace and defense companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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