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BOOKSTORE
Purchasing - March 12, 1998
AUTOMOTIVE/OEM
Boeing's JV plans to boost composite part supply
Ford continues to rev up cost-cutting initiatives
SAE puts electronics database on Web
NEWS
GM speeds deliveries, smoothes production
News
AUTOMOTIVE/OEM BRIEFS
AUTOMOTIVE/OEM BRIEFS
AUTOMOTIVE/OEM BRIEFS
AUTOMOTIVE/OEM BRIEFS
AUTOMOTIVE/OEM BRIEFS
AUTOMOTIVE/OEM BRIEFS
BUYLINES
Economic pulse displays strong beat
Bye, SICs! NAICS is the new industry nomenclature
How good 'partners' behave
COMING UP
Reducing total costs
News
Mastering the MRO buy
REGULATION WATCH
New rule changes that could affect your purchasing plans
Supply chain management
The ins and outs of target costing
CPI Edition
Buyer's News
Biggest buying problems
Items in short supply
Six-month outlook
Materials availability
Inventory strategy
Capital Spending
Operating rates
Price increases
Supplier quality
Buyers battle price increase
PRICE CHANGES
VW&R standardizes container deposits
Buyer's market continues
CORPORATE CHANGES
Prices stabilize after sharp fall
New products cut tar deposits
Corrugated IBCs move into hazardous territory
Purchasing plays major role
PRICE CHANGES
PRICE CHANGES
PRICE CHANGES
PRICE CHANGES
CORPORATE CHANGES
CORPORATE CHANGES
CORPORATE CHANGES
CORPORATE CHANGES
CORPORATE CHANGES
CORPORATE CHANGES
CORPORATE CHANGES
CORPORATE CHANGES
CORPORATE CHANGES
Chemical Transaction Prices
Tags remain soft but will perk up later
Polymer resin tags will continue to fall.
News
Tight supplies, firm prices
Petrochemicals
Slowing growth keeps prices LOW
Water Treatment
Has consolidation cut total cost?
But what if you don't need the service?
Design Report
Is this the future of purchasing?
HOTLINE
Prepare for a degree of economic slowdown in '98
Also look for a moderate amount of price deflation over the rest of this half--and for most of the second half
Understanding data and methods used to produce business forecasts will be vital to your career in supply management
How does the design-procurement connection work in your company?
Watch trans-Pacific shipping activity
Be prepared to pay as much as another 5% in LTL truck rates as result of recent contract signing with the Teamsters
Looking further out--keep an eye on recent rash of truck purchases by major motor carriers
Expect 56K modem to have short life
Anticipate greater availability of 64 megabit drams
Look for worldwide market for surface-mount equipment to grow from $3.3 billion in '97 to over $8.8 billion in 2004
Keep an eye on prices for low to mid-range servers
Mark your calendar for New England Suppliers Institute "Total Cost Reduction Conference '98
Look for price pressure under platinum and palladium to continue well into the second half
Count on tight labor market for most of 1998
Keep an eye on upcoming labor negotiations in August between Post Office and American Postal Workers Union
ECONOMY
Federal Reserve officials expect the "Asian flu" to subtract up to half a percentage point from U.S. real GDP growth in '98
Alarm bells started going off last month
Seventy-three percent of buyers polled recently by
Purchasing
say productivity is growing rapidly
Despite hand-wringing over tight labor markets and rising employment costs
According to minutes from the Federal Reserve's December 16 fomc meeting
Some analysts have argued that tight labor markets will actually curb economic growth
Markets
Steel mini-mill merger
Supply of linear low-density polyethylene (lldpe) continues to favor buyers
General Motors and Amoco have begun a joint program to develop next-generation diesel-electric engines
US Airways has a June 1 launch date for MetroJet, a new low-fare service based in Baltimore
Cooper Industries has merged intool into its Dallas-based pneumatic and electric industrial power tools division
Shell Oil and Saudi Aramco of Saudi Arabia are forming regional joint venture alliances
Builders belonging to the National Association of Home Builders (nahb) are bearish
Amax Gold of Denver is merging into Kinross Gold of Toronto
Iron ore cargoes in U.S.-flag vessels on the Great Lakes climbed 4.6% last year to 63.4 million tons
General Alum & Chemical now has a liquid aluminum sulfate (alum) plant
Wacker Silicones and Kelmar Industries are teaming up
United Stationers Supply Co. of Des Plaines, Ill., is buying Abitibi-Consolidated's office products
Eastman Chemical has expanded output of oxo chemicals
Alventia is new joint venture between Solvay Advanced Polymers and Dyneon
Potash Corp. of Saskatchewan will open a new nitric acid plant
Prices
Paper mills are inflating tags for coated free-sheet papers
With energy exploration strong in the Oil Patch
Since microchips are sold in dollar-denominated prices
Lukens is leading an industry effort to boost prices in April by $20/ton for carbon, high-strength low-alloy, alloy, and floor plate
Several major paper firms are looking to boost tags by $40/ton for coated recycled folding boxboard
If $50/ton newsprint price hikes stick this March, analysts expect that another $40/ton increase will follow in April
Keep an eye on polyvinyl chloride prices
Polypropylene hike is doomed
National average price for unleaded gasoline is the lowest its been since spring of 1994
January's $20-$50/ton price hike for uncoated free-sheet papers has not been universally applied
Explosive growth in telephone calling cards
Workstation computer systems sell for less
Spot prices for tool steel have fallen 22% in recent months, and a partial recoup attempt has flopped
Not all mills will participate in a plan by some steelmakers to boost
Commodity chemical prices will remain flat through first-half 1998
North American buyers got their wish as spot market prices for benchmark-grade Northern Bleached Softwood Kraft (nbsk) pulp fell $40
Compaq Computer has cut prices
Six of the top 10 North American newsprint producers are pushing for an April transaction price increase of $40/metric ton
DuPont and Kerr-McGee are among the suppliers raising sales prices on titanium dioxide pigment
Plastic resin prices continue to decline
INSIDE PURCHASING
Time to erase old views of what purchasing does
METALS
COPPER AND BRASS
Looks like a buyers' market
Copper and Brass
Copper distributors' shipments
Copper rod is tighter than brass rod
Copper & brass mill prices: Deflation will accelerate
A coppermetals primer: From copper ore to brass mill products
Copper counterattacks in the radiator war
NEWS
Bethlehem, Allegheny split Lukens' assets
News
Thyssen and Krupp: To the altar, at last
Steel shipments keep rising
Copper tube use sets record
NEWS
Preussag sells steel mill, keeps U.S. metal centers
News
Canada's Sammi Atlas has new owners
Analysts insist aluminum is moving toward oversupply
Nissan shifts from palladium
Forecasters ponder glut of cheap cobalt supply
CHIPS
CHIPS FROM ABROAD
Boeing expands direct buy on titanium
Greer Steel intros automotive strip
NEWS
Price tags look good
News
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS
CHIPS FROM ABROAD
STEEL PIPE AND TUBE
Oil & gas energize the market
PART I: THE POWER BUY
WHAT YOU NEED TO KNOW
Four things buyers should know about deregulation
What's a mil/kilowatt hour worth?
On the power industry
How gas and electric compare
PRODUCT PREVIEW
National plant engineering and management show
Technology frees buyers to scrutinize product value
Meter low flow
Tighten electronic assembly
Pick product, not ink
Face friction
Energy efficient motors
Improve finish
Stacked plastic protects
Protect pressure and vacuum
Clamp together
Sense real occupancy rate
Repair spray equipment
PRODUCT UPDATE
LIFT TRUCKS
Brisk demand will taper by year-end
PROFESSIONAL PROFILE
Witco
RECYCLING RESOURCES
Steel goes on offensive over contaminated scrap
NKK eyes PVC as coke substitute
Electronics salvage in the Ocean State
New system eyes large plastic parts
SUPPLY INSIGHTS
FORECASTS
GDP booms in fourth quarter...
Forecasts
..as businesses pull back...
..and consumers sally forth
THE POWER BUY
What buyers need to know about market power
There are two ways to skin a stranded cost
What firms should do now to prepare for competition
TRANSPORTATION
BULK TRANSPORTATION REPORT
It pays to know your options
NEWS
Persistent service problems put UP-SP union on ropes
News
New rail merger may get green light despite UP woes
Shippers see an urgency to get shipments overseas
Trucking pact quells strike fears, ends freight shifts
Con-Way regionals link up for coast-to-coast service
Aviation deal opens more cargo routes to Japan
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