U.S. Manufacturing Grows but Slower

U.S. manufacturing has been on a growth track, but that trend is slowing, according to supply chain executives polled in the latest Manufacturing ISM Report on Business.  The overall economy has grown for 122nd consecutive month, with economic activity in manufacturing expanding in June. However, growth has been modest, perhaps related to a variety of…

Tariffs Continue to Stunt U.S. Manufacturing Growth

U.S. factory activity was softening in May even before the Trump administration floated the idea of tariffs on Mexican goods. Concerns over a trade war with China pushed the Institute for Supply Management’s monthly manufacturing index, the PMI, to 52.1, down 0.7% from 52.8 the prior month. Tariff worries had abated in recent months, according…

Tariffs & Trade Wars with China Shape Supply Chain

Editor’s note on Special Project U.S.-China Trade War Damages Done : A permanent trade war with China has already thrust the supply chain in a mad scramble. Procurement costs have increased; partnerships have been severed; and companies have been forced to relocate manufacturing. Global procurement operations are shifting away from China-reliant suppliers. President Trump’s tariffs…

Fexco’s OpenConnect Solution Achieves Oracle Validated Integration with Oracle Payment Interface

Hong Kong:  Fexco, a Gold level member of Oracle Partner Network (OPN), announced it has achieved Oracle Validated Integration of its OpenConnect solution with Oracle Payment Interface (OPI 6.2) as a secure, robust, open platform that provides acquirers and merchants with Omni-channel solutions to securely accept card and alternative payment methods to an Oracle Hospitality standard. OpenConnect, already established with the cruise industry, is now available to the resort and hospitality sectors in Asia, with plans to expand into multiple verticals including the food and…

Syncron Continues Year-Over-Year Profitable Growth and Further Enhances Market Leadership

STOCKHOLM –  Syncron, a provider of cloud-based after-sales service solutionsfocused on empowering the world’s leading manufacturers to maximize product uptime and deliver exceptional customer experiences, today announced it closed Fiscal Year 2018 with a 30 percent year-over-year increase in subscription and support revenue. This continued high growth of subscription and support revenues – a CAGR of…

Improve Your Decision Making with Better Models

Would your life be easier if the financial information provided by your accountants exactly reflected your operations and supported your decision needs?  Of course it would! Have you struggled with your finance and accounting department to get the budget and funding for critical operations or significant improvements?   The language of money is a common denominator for…

New Financial Service Offers Software Companies a Simpler, More Profitable Path to Market

PHOENIX—Avnet Direct Connect, a financial service from global technology solutions provider Avnet (Nasdaq: AVT), gives software and original equipment manufacturer (OEM) customers the ability to deploy their applications on validated hardware solutions faster, easier and more profitably. Hardware can often stretch software companies’ finances and resources, especially those that need to focus primarily on software intellectual property (IP).…

Brexit Delayed is Still Brexit

Brexit has built a full head of steam as the country enters more unchartered territory. In the last week there’s been complete chaos in Government, a harder line from the EU27, and more than a million taking to the streets of London. Despite all the fuming and arguing, all the political wrangling and eleventh-hour negotiations,…