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May 14, 2008

 


TOP STORIES
Butadiene prices have skyrocketed
Butadiene prices in the U.S. and around the world have tracked crude oil tags to new highs in 2008. According to Purchasingdata.com, butadiene jumped to 76¢/lb in April, up a full 11¢ from the previous month and up 18¢ this year.  Read more>>

High diesel prices drive changes in trucking, logistics
While many shippers struggle to cope with sky-high diesel fuel prices, the logistics industry is literally watching diesel tags eat away its margins.  Read more>>

Tin surpasses $11/lb for first time ever
Statistical news releases in China and Indonesia are confirming supply limitations for tin, triggering a London Metal Exchange (LM) price above $25,000/metric ton.
Read more>>

ArvinMeritor to add steel surcharge as prices increase
With hot-rolled steel sheet prices tracking to costs an average $995/ton this year, auto parts maker ArvinMeritor will add monthly commodity surcharges on all products ordered on or after June 1 to offset rising costs for steel and other commodities.
Read more>>


Natixis expects slightly weaker gold and silver prices
In a precious metals market report, Natixis Commodity Markets in London expects prices for gold to average $875 /troy ounce in 2008 and silver to average $16.50/oz, which implies slightly weaker prices as the year progresses.  Read more>>


Toyota delays opening of U.S. SUV plant
Japan’s Toyota Motor has decided to delay the launch of its sport-utility vehicle plant in Mississippi by about half a year and ramp up production more slowly than it had planned.  Read more>>

 


MORE PRICE + SUPPLY NEWS


Hayes Lemmerz to shut aluminum wheel plant
Hayes Lemmerz International will close its aluminum wheel facility in Gainesville, Ga., by the end of December.  Read more>>


Expect slightly lower prices for standard logic
Buyers can expect stable to slightly declining prices for standard logic through the rest of the year as the overall economic slowdown in the semiconductor industry limits growth in the standard logic market.  Read more>>


Aluminum extrusion shipments have nosedived
Purchasing of aluminum extrusions has withered in the building and construction, transportation, and engineered products markets, and may not recover until 2009, especially if analysts are correct that residential construction won’t rebound until sometime next year.  Read more>>


Four foundries dominate chip outsourcing
The big four semiconductor foundries now account for more than two thirds of outsourced semiconductor production, according to researcher IC Insights.  Read more>>

 



Webcast today 2PM EDT: Spend Visibility
The webcast will investigate the business case for investing in spend visibility solutions and also critical success factors for implementing these tools.
 

MRO Supply Reducing MRO costs for a leading
petrochemical company

A leader in the petrochemical industry wanted to streamline maintenance, repair and operating (MRO) supply across the company without jeopardizing existing operations. After a detailed supply chain analysis, Exel designed and delivered a unique solution that met these needs and reduced on-site inventory and transportation costs.

Click here to download your FREE copy of this report.

MONDAY MIDDAY BUSINESS REPORT 
Watch the video in our new and improved player
>> Click here to watch the video

Polaris teams with supplier Bosch to build new EFI system
Involving suppliers early in the design process has many benefits – lower costs, faster time to market, and better customer experience, to name just a few. In this Success from the Trenches audiocast, Dave Dickirson, Director of Powertrain Purchasing for leading ATV producer Polaris Industries details the company’s successful collaboration with electronic fuel-injection system supplier Bosch.  Click here to view the video

SPECIAL REPORTS
Purchasingdata.com Reports
>> Chemicals Flash Report 
>> Quarterly Energy Flash Report
>> Quarterly Transaction Price Forecast
>> Monthly Steel Flash Report
>> Monthly Cold-Rolled Sheet Report & Forecast 
For more price data and forecasts, visit www.purchasingdata.com.

Cisco cuts time-to-market by 30% in just 12 months
In this three-part Success from the Trenches audiocast series, Cisco Vice Presidents of Production Operations/Supply Chain, Jim Miller and Prentis Wilson, outline how the company has cut time from concept to first customer shipment by 30% in just 12 months while also increasing quality, ramping production faster, and reducing work in process by up to 20%.
Click here to view the video


COMMODITIES COUNCIL FORECAST PODCASTS
>> Click here to listen to all their views and their advice on what buyers should look for.

PURCHASING'S 2007 SALARY SURVEY
>> Click here for the results
>> Compare the new report to the 2006 Salary Survey

BLACK BELT NEGOTIATORS
>> True stories of business collaboration
Purchasing’s smartest negotiators move from conflict to collaboration fast. Match your wits against these pros. Guess their strategy. Then, read what they really did.

Are you a black belt negotiator? Tell us about one of your negotiation successes, and we’ll print it so others can learn from your experience. Send it to pteague@reedbusiness.com

ON-DEMAND WEBCASTS
>> Managing Material Master Data to Enhance Procurement Efficiency
Click here to register.
>> How to Calculate Total Cost
Click here to register.
>> Pioneer Your Sourcing Vision: How to Lead the Charge 
Click here to register.



MOST-READ ARTICLES:

Flat-rolled steel price take off is far from over

Purchasing 2007 Salary Survey: Purchasing salaries continue their Climb

Nortel pushes the outsourcing envelope

Scrap steel prices
bounce back

Read more articles from current issue.

HELP WANTED BULLETIN

Visit Purchasing's 
HELP WANTED BULLETIN
today for more details and to see more purchasing and supply chain job postings!

If you would like to post a job on Purchasing.com's  Help Wanted Bulletin
please contact Lowell Malles, Online Sales Directorat Purchasing via email at lowell.malles@
reedbusiness.com
or via phone at (781) 734-8236 or via Cell phone at (617) 281-2907.

READER'S RANT

Reader's Rant on Purchasing.com designed for you, the purchasing community, to tell us how you feel about issues covered in the magazine.

Feel free to rant and/or rave about PURCHASING's feature stories including any comments on the new look of the print issue. Click here to comment about PURCHASING's feature stories.

World Tour Survey: Doing Business in the Middle East

With energy costs on the rise, the Middle East is a growing region of interest for supply chain professionals due to its proximity to energy and other natural resources. With that in mind, Purchasing wants to hear about your experience in the Middle East. Please take a couple minutes to answer our brief online survey about doing business in the Middle East. Responses will form the basis for our next installment of the World Tour series of reports.

CLICK HERE TO TAKE THE SURVEY

Thanks,

Dave Hannon
Managing Editor
Purchasing magazine


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