Herman Trend Alert: Where the Jobs Are (Or Will Be)
One of the major problems faced by employers in the U.S. and in other countries is a shortage of skilled workers. Employers are struggling to find thousands of qualified Heating and Air Conditioning engineers, specialized computer programmers, imaging technicians, pharmacists, hotel clerks and even housekeepers. These jobs exist now, not just in some future scenario.
Moody’s Accelerates Roanoke, Va.-Based Advance Auto Parts’ Rating
Advance Auto Parts just moved up. Moody’s Investors Service upgraded its ratings for the Roanoke, Va.-based retailer of automotive parts and accessories based on the company’s report for the fiscal year ended Jan. 4.
Automotive Exterior Market Expected to Grow
The automotive exterior market is expected to grow by more than 10 percent by 2009, according to a report from consulting firm CSM Worldwide. The automotive exterior market is expected to grow by more than 10 percent by 2009, according to a report from consulting firm CSM Worldwide.
DST Asks: Do You Sell from Inventory Locations that are Not Your Own or Are You Making Plans To?
The old maxim “You can’t sell from an empty shelf” has become outdated. Why? Because technology can ensure that shelves are never bare, at least from the customer’s standpoint, with the advent of the Virtual Inventory Network (VIN) — a term coined by DST to encompass B2B, B2C, and Peer-to-Peer e-commerce. A VIN, also sometimes referred to as a Virtual Sales Network, can provide leverage and cohesiveness of shared inventory across multiple trading partners both up and down and across the supply chain.
DST Asks: Do You Support Vendor Managed Inventory as a Business Practice?
“The Right Goods at the Right Price in the Right Place at the Right Time…”
TRW Gets Rolling: After a massive IPO, Supplier Faces Hurdles
John Plant, chief executive of newly independent TRW Automotive Holdings Corp., remembers when his company was a corporate stepchild. As the auto-parts unit of former industrial conglomerate TRW Inc., it didn’t get favorable treatment, even when it generated cash for the business.
Democrats Raise Alert About ‘Manufacturing Czar’ Post
A Nebraska businessman whom President Bush wanted to nominate for the job of ”manufacturing czar” has withdrawn from consideration amid attacks from Democrats. Anthony Raimondo said he would not be a candidate for the position as Democratic organizations began e-mailing reporters that Raimondo had laid off workers in Nebraska and opened a plant in China. Two administration officials confirmed that Raimondo bowed out. One administration source said the withdrawal had nothing to do with the ”baseless” Democratic attacks.
American Axle Pact Ratified; Supplier Gets the Right to Negotiate 2-Tier Wages
UAW members ratified a four-year contract with American Axle & Manufacturing Inc., after a one-day strike late last month that disrupted General Motors Corp. truck production. About 68 percent of the employees voted for the contract, the union said Monday. About 68 percent of the employees voted for the contract, the union said Monday.
Standard Motor Products Announces Fourth Quarter and Full Year 2003 Results
Standard Motor Products has reported its financial results for the three months and for the year, which ended Dec. 31, 2003. Consolidated net sales for the fourth quarter of 2003 were $162.5 million, compared to consolidated net sales of $107.9 million during the comparable quarter in 2002. Losses from continuing operations for the fourth quarter of 2003 were $5.5 million or 29 cents per diluted share, compared to $8.1 million or 68 cents per diluted share in the fourth quarter of 2002.
DST Asks: Do You Get Everything You Need from Your Current Computer System?
The database engine is the foundation of a computerized business system, used to abstract very specific sorts of information about your business and organize it in a way that will prove useful. The database should ultimately be viewed as a representation or model of the business.