Cardinal Health's reconfigured website is scheduled to go live within weeks, consolidating two portals and aiming to focus on branded items, according to executive Matt Wingham. The new site will emphasize a better product experience and is designed to be responsive regardless of device.
Genuine Parts reported fourth-quarter profit of $165.46 million on revenue of $4.21 billion, with profit up 8.5% year over year. Its unit Motion Industries reported a quarterly operating profit of $103 million on revenue of $1.24 billion, and both figures were up from a year earlier.
Adding a transportation-management system and connecting inbound supply chains led AGCO to reduce freight costs by 20% while preserving service levels, writes Steve Banker in a compilation of SWOT analysis examples. Kraft Heinz saw opportunity in using supply chain design to group similar products together and to streamline equipment use, he writes.
A strategic plan requires core competencies, differentiation and financial forecasting along with other components, Ian Heller writes. Strategic planning failures occur when executives "didn't continue the process with specific individuals and teams assigned to develop tactics in each of these areas," he writes.
Consumables manufacturer Gloveman Supplies is migrating all customers to its B2C site after a two-year period during which 20% voluntarily moved over, Chloe Thomas writes. An earlier experiment failed because of incompatibility with credit card processing.
Technological advances have increased reverse engineering's capabilities, says Steve DeRemer of Capture 3D. Reverse engineering is used in additive manufacturing to recreate damaged parts and in simulation, Bruce Morey writes.
Malware known as Triton, Trisis or HatMan was the first intentionally targeted at safety instrumented systems and should be taken seriously, writes Ernie Hayden of 443 Consulting. The danger of these types of malware increases when they are launched simultaneously with attacks on manufacturing processes, according to the National Cybersecurity and Communications Integration Center.
Automakers are transitioning their focus from production to innovation as consumer demands change, writes Craig Guillot. "We've changed and adapted to serve the automakers and many consumers are being driven by cockpit electronics," said James Fisher of Visteon.
The industrial internet of things will use sensors, computers, cameras and other devices to link every facet of the supply chain from products to machines and tools, according to this analysis. An "internet of everything" allows for benefits such as monitoring inventory, space management in trailers and improves real-time decision making about asset use.
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