Fastenal announced double-digit percentage growth in revenue and total profit, both for the fourth quarter and for full-year 2017, citing its acquisition of Manufacturers Supply Company and strong market demand among contributing factors. Fastenal's headcount at the end of the most recent quarter was 4.8% higher than a year earlier.
Tech Data plans to provide a comprehensive systemic approach through its Global Lifecycle Management Services, according to executive John O'Shea. Separately, Kaminario named Tech Data as its global system integrator while it looks to focus on software instead of hardware.
Waveless order processing pairs warehouse management and control systems and is the most reliable way to keep up with Amazon Prime and other rapid order fulfillment, writes Richard Stewart of HighJump. Waveless processing increases throughput, reduces cost per order and leads to more satisfied customers, he writes.
Microsoft Excel spreadsheets and enterprise resource planning systems are not meeting the data analytics needs of supply chain managers, according to a survey. Respondents also are generally dissatisfied with the amount or the quality of data they possess.
GM is using third-party logistics contractors in its 17 joint-venture general assembly facilities in China to handle material transport and parts warehousing delivery to the plant. By outsourcing the material handling jobs to logistics companies such as DHL, GM workers can focus on critical efficiency and quality jobs.
Leaders who borrow concepts from stage performances have a better chance of engaging the audience because the crowd becomes part of the story, writes Edmund Chow. Such a presentation requires an antagonist, a protagonist, staging with appropriate props and getting into character, he writes.
Ferguson's Build.com online platform is providing customers with an augmented-reality in-app option that allows them to interact with products. "We've seen AR-enabled product sales double since launching In-Home Preview," said Dan Davis, the platform's chief technology officer.
The internet of things has many applications for improving accuracy in the supply chain, Paul Washicko of CalAmp writes. More automatically generated information provides more insight and greater delivery velocity, he argues.
Accurate Fishing Products has used the Okuma OSP control series since it began automating manufacture of its reels, later moving to lights-out manufacturing to increase production, writes owner David Nilsen. "The robots are doing the repetitive functions while the employees are doing the high precision work," he writes.
Master Lock's e-commerce channels include its website, commercial e-commerce, distributors and Amazon, says e-commerce director Marti Gahlman. The company expands its global reach by providing language-specific content to nine countries, Gahlman says.
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