Supply Chain
Top stories summarized by our editors
2/23/2017

Genuine Parts reported a 5.4% earnings decline in its fourth quarter against a revenue increase of 2.7%. Motion Industries' sales were up 4.1%, while EIS saw a 0.2% sales decline.

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Motion Industries
2/23/2017

Praxair will build two industrial gas production plants along the US Gulf Coast and expand its pipeline network. Some of the output is intended for delivery to Celanese under a 15-year agreement.

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Gasworld (U.K.)
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Celanese, gas production
2/23/2017

Incentive travel programs are an important tool for distributors looking to set themselves apart from competition and boost sales productivity, but their effectiveness depends on how well they meet customer expectations, Jill Anonson writes.

2/23/2017

Keeping a distributor's accounts receivables running efficiently is possible with the right strategic plan. This article offers seven ways to reduce cash-flow problems and maintain positive relationships, starting with clarifying the terms at the beginning.

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TED Magazine
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cash flow
2/22/2017

UPS will begin making Saturday deliveries in April, even as it must raise prices to offset margin pressures. The company also announced rolling warehouse investments and its success with an octocopter delivery drone.

2/22/2017

Speakers at the recent NAW Executive Summit emphasize the need to have the right people and a clear goal before trying to extract value from large amounts of data. "Effective use of data analytics doesn't happen by throwing people at a pile of data and saying, 'What do you see?'" said Graybar CEO Kathy Mazzarella.

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Graybar, Kathy Mazzarella
2/22/2017

Henry Schein reported an earnings increase of 8.6% on 9.5% higher revenue for the fourth quarter. The company also said it will acquire southern Anesthesia + Surgical to become part of its Ace Surgical Supply subsidiary.

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RTT News, Reuters
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Henry Schein
2/22/2017

Amazon's same-day delivery could help it win market share in the automotive aftermarket parts business as commercial suppliers and consumers search for faster ways to receive repair parts.

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Amazon
2/22/2017

Talent management is more important than ever in the supply chain as fewer qualified workers apply for positions and the significant cost of employee turnover, writes Angie Freeman, chief HR officer at C.H. Robinson. Younger talent is important because of their skill sets and because they'll be your future leaders, Freeman argues.

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supply chain, C.H. Robinson
2/22/2017

Boeing will increase its use of 3D printing to build modular satellites in less time and with less testing. Boeing's satellites typically take up to five years to complete, and the company is hoping to reduce cost and complexity.

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Boeing