November, 2007

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West Liberty State College Board Post

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November 30, 2007 Michael J. Stolarczyk Appointed to the West Liberty State College Board of Governors West Liberty State College recently welcomed Michael J. Stolarczyk to serve as a member of its Board of Governors. Stolarczyk is a senior director for Exel, the North American leader in supply chain management and contract logistics. The company is headquartered in Westerville, Ohio.

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Samskip Buys Reefer Company Icepak

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Samskip agains makes an acquisition that finds one more puzzle piece to finish their long-term vision.Hassing, Winther, and the Icelandic crew continue to tactically evolve the Samskip brand. Samskip has acquired the reefer logistics company Icepak, which has offices in the United Kingdom, Australia, and New Jersey and Seattle in the United States. Financial details were not disclosed.

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DP World raises $4.9 billion in stock sale!

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DP World, the ship terminal operating company that U.S. politicians shunned, got a warm welcome from investors today as it was able to raise $4.9 billion through a sale of a 23 percent stake to the public. Far more investors wanted to buy shares in the company than was available – the issue was oversubscribed by 15 times. With that strong demand, the company was able to sell stock for $1.30 per share, the top end of the range that investment bankers had set.

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Drewry: Labor costs deflate China's bubble, near-sourcing on the rise

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Hey, I just reviewed this white paper and its pretty interesting.Drewry has always been a subtle shill for the ocean transport industry (and there is nothing wrong with that.the industry needs the support)and they remain bullish on China. I am more skeptical.going back to my " why not outsource in our back yard " posts earlier this year.Check out the link below and read the white paper.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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CHaINA Awards

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Couple of weeks ago, the China Supply Chain Council presented its CHaINA Awards for the third times to celebrate superior achievements that are enabled by supply chain management in China. Over 150 supply chain senior executives gathered to give recognition and compliments to five outstanding winners at a prestigious gala dinner held at the Shanghai Regent Hotel on November 8.

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New JoC.com Section - My JoC Tens post:

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Companies often think their picking operation is efficient as long as products roll out on time and customers are happy. But most picking operations in warehouses across America could use a reorganization, and its all about the process you know. and training, and people, and systems! The following are 10 tips to improve your warehouse operation. 1. Profile your orders.