Strategic Sourcing
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Crude oil prices, supply trends will drive benzene prices upBy Gordon Graff, March 11, 2010Benzene has never been a stable commodity when it comes to pricing. A case in point is the sudden 21% leap in benzene prices between December and January. (See chart.) Market watchers say that this jump reflected declining U.S. production of benzene, a strong demand in Asia for benzene's downstream products, and fewer imports of benzene. More
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Collaboration leads to the right manufacturing processBy Paul Teague, Editor in Chief, March 11, 2010In the world of product development, supplier collaboration with engineering, initiated and facilitated by purchasing, is a concept that continues to gain enthusiastic acceptance—even among engineers. Most engineers recognize that when purchasing, engineering and suppliers work together they can reduce costs and improve product quality and performance. More
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For LG Electronics technical credibility is keyBy James Carbone, March 11, 2010At LG Electronics, purchasing collaboration with design has resulted in greater component integration and lower cost. In fact, collaboration between purchasing and engineering in product development isn't an option. Collaboration is the way LG develops many of its new cell phones, televisions and other consumer electronics equipment. More
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Procurement + Engineering: Partners in product developmentBy Paul Teague, March 11, 2010On the surface, Ryan Williams and Brian Kisiel would seem to have little in common. Williams, a mechanical engineer, is a global engineering manager. Kisiel has been a supply chain professional for 30 years, and does not have an engineering degree. But as dissimilar as their backgrounds may be, they've formed a close working relationship at Eaton Corporation's Filtration Division, Iselin, N. More
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American Railcar uses TMS to shine light on inbound supply chainBy David Hannon, March 11, 2010A black hole in their supply chain. That's how the purchasing team at American Railcar Inc. (ARI) described the issue that led them to select and implement a transportation management system last year. And that decision is reaping benefits both expected and unexpected. Like a lot of manufacturing companies, ARI, was having particular difficulty tracking its inbound shipments from suppliers. More
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Economy + Supply NewsMarch 11, 2010More
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MRO purchasing in 2020By Susan Avery, March 11, 2010Technology. Collaboration. Integrated supply. MRO buying has changed a lot in the past 10 years. Where is it all heading? Here's a look at what the next 10 years could bring. Acknowledging that there's still work to be done, MRO purchasing professionals have made great strides toward taking a more strategic approach to the maintenance, repair and operations buy. Processes that were once paper-based are now automated, freeing up time so that purchasers can focus on developing sourcing strategy. More
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Strategic Sourcing Business IntelligenceMarch 11, 201036.3 Reading of February materials inventory index Source: www.purchasingdata.com WHAT IT MEANS: That's the index's highest reading in more than two years, indicating buyers are moving towards building inventories. In February 2009, the index bottomed out at 13.7. 60% Buyers reporting increased copper prices in February Source: www. More
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How to develop new supply chain strategies for volatile commodity areasBy William Atkinson, March 11, 2010Let's face it. For a long time, if you told someone you were a commodity manager, they would probably yawn. But perception of purchasing is changing rapidly, as the global economy, and international economic ups and downs, have wreaked havoc with not only commodity prices, but also their availability, which has a direct impact on many companies' bottom line. More
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No galvanizing recovery until 2011Tom Stundza, March 9, 2010Construction, a key market, stays weak More
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Lanxess expands neodymium butadiene capacityTom Stundza, March 9, 2010Texas plant included in expansion plans More
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Copper prices leap after Chilean earthquakeTom Stundza, March 8, 2010
Supply disruptions greater than first estimated
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Azure Dynamics moves to lower BOMPaul Teague, March 5, 2010Relocating closer to its own suppliers improves collaboration for this automotive supplier More
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Stainless steel buying may grow 19% in 2010Tom Stundza, March 5, 2010Outokumpu exec sees U.S. use on a "moderate" growth track More
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PepsiCo hits supplier diversity targetsSusan Avery, March 5, 2010Purchasing: Recession won't derail program More
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Commercial Metals exits joists and deckingTom Stundza, March 2, 2010Market review sees no pickup anytime soon More
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Producers want to raise linerboard prices--againTom Stundza, March 2, 2010Box makers to oppose new $70/ton increase More
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Aluminum shipments open 2010 on the riseTom Stundza, March 1, 2010
But, new-order data isn't very bullish yet
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Solar-grade polysilicon plant announcedTom Stundza, March 1, 2010Qatar facility will use German technology More
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Copper market disrupted by Chile's earthquakeTom Stundza, March 1, 2010Prices rise as world market gauges damage More
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