Business & Industry

Purchasing Departments: The New Engines of Change

Purchasing departments are becoming increasingly vital to company success as new technology becomes available. With the emergence of e-commerce and online buying, purchasing departments are making the decisions that can save their companies millions. The advent of e-commerce has changed the corporate climate in many ways. Traditionally, it has been the product development and marketing...

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Business & Industry

Logistics Spending at its Lowest Rate Since 1993.

Logistics industry expert Robert Delaney reports that the advantages the Internet offers in the areas of inventory and supply chain management have contributed significantly to trimming costs. As a result, spending is now less than 10% of the GDP. One year can make a lot of difference in the logistics industry. Last year, Robert Delaney, vice president of Cass Information Systems, Inc., a company...

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Business & Industry

Megaships: The "Berth" of Girth

As ocean vessels increase in size, the shipping industry prepares for the unique challenges the "megaships" of the future will present. Ports already struggling to accommodate larger vessels are having to face even more daunting news. According to a study by Lloyd's Register of London, ultra-large vessels with a capacity limit of 12,500 TEU (Twenty-foot Equivalent Units) are currently in the...

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Business & Industry

Two-Dimensional Bar Codes: The Next Link in Supply Chain Management

Many of the functions one-dimensional bar codes serve would be enhanced if they could store greater amounts of data than their current capacity. Ready to take up the slack, two-dimensional bar codes, which can store entire databases, are growing in popularity. For almost three decades, one-dimensional (1-D) bar codes, such as the familiar UPC labels you find on the products in your supermarket,...

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Business & Industry

Thixomolding: Fabricating for the 21st Century

A new process for manufacturing plastic and magnesium parts, thixomolding, is rapidly being adopted by a diverse group of industries. Behind its popularity is the array of advantages it offers over more traditional thermoplastic methods. For designers in the automotive, computer and communications industries, thixomolding, a new process for creating material composites, is becoming the...

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Business & Industry

The Internet Can Help Suppliers Find the Right Angle

Consultants at the University of Michigan Management Briefing Seminar are advising automakers' suppliers to get on the Internet. Using the Internet as a tool for communication and research will give these suppliers some leverage in the design stage. Thus far, in the e-commerce arena, automakers and their respective suppliers have done their buying and selling mainly through the automakers'...

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Business & Industry

The IRS Gears Up to Help

The IRS´ small business unit aims to offer assistance to companies less likely to have in-house lawyers and accountants. Their new small business unit aims to offer assistance to companies less likely to have in-house lawyers and accountants. From Business Week Online: Frontier - The Resource for Entrepreneurshttp://www.businessweek.com/smallbiz/content/oct2000/sb20001002_793.htm

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Business & Industry

NAPM Study Forecasts the Future of Purchasing and Supply

A study by the National Association of Purchasing Management forecasts five and ten-year scenarios regarding the future of purchasing and supply. The results paint an optimistic picture for parties seeking facts in the negotiation process and a dire one for negotiators unable to navigate the changes that technological advances have brought to 21st century commerce. In 1998, the National...

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Business & Industry

Featured Industry Tradeshows/Events

The world's largest packaging event is just around the corner. PACK EXPO International 2000November 5 – 9McCormick PlaceChicago, IL This biennial conference and exhibition organized by the Packaging Machinery Manufacturers Institute is the world's largest annual packaging event with an expected 80,000 attendees and 1,600 exhibitors. The conference program, Solutions 2000, features more than...

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Business & Industry

Compliance Labeling - Don't Get Stuck Without It

Compliance labeling allows suppliers to track, verify and receive goods with greater ease. Companies that choose to ignore this logical step risk losing money and business. Labeling can be a challenging process – which is why large consumer supply industries are pushing for a more comprehensive system. This new system, compliance labeling, is being used as a supplement to the Universal Bar...

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