DST Asks: What Factors Do You Look at When Measuring the Cost of Managing Inventory?
Manufacturers and very large distributors have benefited from the productivity- and efficiency-enhancing features of automated warehouses for years. That technology is now available to virtually any size business. What factors do you take into account in measuring the cost of managing your inventory and do you have the data available to make those measurements?
Automotive Suppliers Support Frink as Manufacturing Secretary
MEMA and its members have voiced their support for the nomination of Al Frink as the first Assistant Secretary of Commerce for Manufacturing and Services. Frink, 61, co-founded the California-based carpet maker Fabrica International in 1974.
MEMA Holds Second Annual Counterfeiting Seminar
MEMA presented its second annual seminar dedicated to the issue of counterfeiting of automotive and truck parts. The event, “Taking Action Against Automotive/Truck Parts Counterfeiting, Diversion and IPR Violations” was held on Monday, April 5 at the Hyatt Regency in Dearborn, Mich. Described by Automotive Aftermarket Suppliers Association (AASA) Vice President Paul Foley as a “major industry initiative,” the seminar was developed to educate the industry on the nuances of counterfeiting, share best practices, solicit media support and provide networking and exhibitor opportunities.
Aftermarket eForum to Feature Data Warehouse Panel
The Aftermarket Auto Parts Alliance will be featured in a panel discussion at the 2004 Aftermarket eForum which takes place August 2-4 in Chicago. Dick Morgan, president and CEO of the Aftermarket Auto Parts Alliance, will lead a panel that will explore the challenges and rewards of developing a data warehouse to share sales and inventory information among participating suppliers and warehouse distributors.
High-tech is Giving Drivers Another Set of Eyes on Highways
Advances in automotive technology are giving drivers another set of eyes. There is parking assistance that backs a car into a parking space, miniature cameras that help a driver see at night and in blinding sunlight, detection devices that sound an alert when a driver crosses into a lane without activating the turn signal or starts to get too close to a pedestrian.
Executive Interview with Joe Puishys, President of Honeywell Friction Materials
Our latest edition of “Executive Interview” features Joe Puishys, president of Honeywell Friction Materials. A 25-year veteran of the company’s automotive businesses, Joe Puishys has served as president of Honeywell Friction Materials since early 2002. His responsibilities include overseeing the most recent corporate effort to align closely with Honeywell’s business initiatives and operating plan. He has already played a major role in the cost cutting and six sigma programs occurring throughout the organization. Join us as Puishys gives us an update on Honeywell Friction Materials, including plans to expand manufacturing operations and launch new products.
Experts to Discuss Asia-Pacific Aftermarket Opportunities at GAAS
The ninth annual Global Automotive Aftermarket Symposium (GAAS) will look into aftermarket opportunities in what many consider the hottest region of the world, the Asia-Pacific region, during a panel discussion on Tuesday, May 18. The panel will examine the rewards and challenges of doing business in the region — especially China and India — two of the largest and fastest-growing markets.
AADCO Named a Preferred Supplier for Collision Care Canada
AADCO Automotive Inc., a leading supplier of Like, Kind and Quality (LKQ) used auto parts, has signed an agreement to provide LKQ and aftermarket parts to Collision Care Canada Inc. (CCC) facilities. AADCO Automotive Inc., a leading supplier of Like, Kind and Quality (LKQ) used auto parts, has signed an agreement to provide LKQ and aftermarket parts to Collision Care Canada Inc. (CCC) facilities.
Goodyear CEO Expresses Confidence in Tiremaker’s Recovery
Addressing hundreds of people at an Akron, Ohio, Roundtable lunch last week, Robert Keegan, chairman, president and CEO of the Goodyear Tire & Rubber Co., told attendees that Goodyear would bounce back from its recent financial hardships.
Collins & Aikman Reveals Insider Deals
Collins & Aikman Corp. revealed Wednesday that it paid a board member $300,000 to serve as vice chairman for six months in 2002 and did millions of dollars of business with another board member. The company had failed to fully disclose details on those transactions to shareholders.