Supply Chain
Top editor picks, summarized for you
7/25/2016

Inflexibility is hurting the supply chain as businesses adhere to rules that aren't in line with changing technology, Gary Hilson writes. Citing advice from Neogrid founder Miguel Abuhab, Hilson argues for metrics based on ongoing consumption rather than historical trends, with inventory kept higher upstream.

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EBNOnline.com
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supply chain, Gary Hilson
7/25/2016

Reliance Steel posted earnings of $100.9 million in its second fiscal quarter, and $2.2 billion in revenue for the same period.

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CNBC
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Reliance Steel
7/25/2016

Deutsche Post AG's DHL package division will begin testing delivery using smart cars in Germany. Through the test, Daimler AG's Smart model vehicle owners will be able to have parcels delivered to the trunks of their parked cars in Stuttgart, with plans to expand the service to seven cities.

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Bloomberg
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DHL, Deutsche Post AG, Daimler AG
7/22/2016

Tesla CEO Elon Musk's latest update of the company's master plan continues its focus on electric cars and the development of self-driving features but also envisions building autonomous, battery-powered trucks and buses. "As the technology matures, all Tesla vehicles will have the hardware necessary to be fully self-driving with fail-operational capability, meaning that any given system could break down and your car will drive itself safety," Musk wrote.

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Elon Musk, Tesla
7/22/2016

Integrated enterprise resource planning solutions help eliminate obstacles between companies and consumers, offset costs and streamline the overall distribution process, Stefan Hoffmann writes. These hybrid models also offer more staffing flexibility with off-site support, which in turn expedites operations.

7/22/2016

Grainger continues to increase e-commerce sales as a percentage of overall sales, with e-commerce accounting for 46% in the second quarter. The company also added nearly 300 inside sales employees during the quarter, said CEO Jim Ryan.

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Grainger, CEO Jim Ryan
7/22/2016

Essendant posted a profit of $12.9 million on sales of $1.35 billion in the second quarter, a smaller profit than the same period a year ago, although sales were up 0.9%. Office-product sales, which accounted for more than half of the company's revenue, increased by 0.6%.

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Essendant
7/22/2016

Ford is testing collaborative robots in a Cologne, Germany, plant to help workers place shock absorbers on the Fiesta vehicle. If the test goes well, the company may deploy the robots in more plants around the globe.

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Ford
7/22/2016

General Mills plans to slash 1,400 jobs, or 3.6% of its workforce, globally and close or reduce operations at numerous facilities. The company noted that consumer trends for more natural ingredients reduced demand for some products, such as Progresso soup.

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General Mills
7/21/2016

Winsupply's recent rebranding from WinWholesale and focus on talent development are helping the company pursue its goal of $3 billion in sales by the end of this year, executives say.

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Winsupply