Drivers Identify Almost 1,800 Unmet Needs, According to New Study
According to a new study conducted by global market research and consulting firm the RDA Group, automotive manufacturers are not keeping pace with their customers’ needs when it comes to such items as interior customization, vehicle control assistance, traffic awareness, vehicle monitoring, visibility enhancements, better in- vehicle food and beverage management, cabin temperature maintenance and child protection.
High Schoolers Earn Certifications from Industry
A diploma isn’t the only important document that some students have in hand when they graduate from high school these days. A growing number of students, educators say, are graduating with specific, industry-defined skills certifications that can have immediate value in the job market. Industries in which such certification is available include computer maintenance, automotive repair, nursing, graphic arts and food service.
Dana Doubles Dividend
Citing continued confidence in the company’s performance and direction, Dana Corp.’s board of directors has doubled the dividend on the company’s stock, from 6 cents per share to 12 cents per share.
Two Major Tiremakers Join U.S. EPA SmartWay Transport Partnership
Two major tiremakers — Bridgestone/Firestone North American Tire (BFNT) and Michelin North America — have joined the U.S. Environmental Protection Agency’s (EPA) SmartWay Transport Partnership, a national partnership to help reduce greenhouse gas and other emissions from ground freight transportation.
Cooper Tire Names Director of Brand Marketing
Cooper Tire & Rubber recently named Michael Linhart director of brand marketing. In his new position, Linhart will be responsible for leading the management and coordination of Cooper’s brand strategy initiative. Linhart joined Cooper’s marketing department in 1990 as a marketing assistant.
ArvinMeritor Launches Search for CEO Successor
ArvinMeritor’s board of directors has retained an international executive search firm to identify a successor to Larry Yost, chairman and CEO. Yost said he will remain in his current capacity until a successor is found.
AMN Perspectives by Thomas Group: Experience at Work
In our last article we talked about inventory management as a trade-off. In most organizations there are conflicting inputs from various departments that affect inventory decisions: finance wants low inventory levels to minimize working capital costs; sales and marketing wants high inventory levels to ensure excellent customer service; production wants long-term planning with low flexibility to create high production efficiencies. Logistics wants to minimize transportation, handling and inventory holding costs.
Monro Muffler Brake to Acquire Mr. Tire Locations from Mile One Automotive
Monro Muffler Brake has signed a definitive agreement with privately held Mile One Automotive to acquire 36 Mr. Tire locations in Maryland and Virginia. The company has no plans to close any of the Mr. Tire locations, and the stores will continue to operate under the current brand name. Monro also said it intends to retain substantially all Mr. Tire store employees.
“AMN Perspectives by Thomas Group: Experience at Work”
As this column unfolds over the coming months, there will be several major themes, each with a number of articles. In this first series, we’ll address operational effectiveness. We’ve chosen the inventory dilemma as the first topic, though additional installments will include the related issues of inventory management methods, performance measures, information technology and others.
How’s Business?
There are some very strong signs that business will be good in 2004. Optimism among repair shop owners is as high as it’s ever been during the three years we have been tracking this data.