Flextronics Buys MCi to Boost Automotive Offering

Flextronics International Ltd. said it will pay $494 million for Mirror Controls International to broaden its offerings and services to automotive manufacturers. The acquisition of the supplier of mirror actuators to the automotive industry will further help Flextronics smoothen sales growth and reduce its dependence on markets susceptible to wild demand swings, according to company…

Celestica Named Juniper Supplier of the Year

Celestica Inc. (NYSE, TSX: CLS), a global leader in the delivery of end-to-end product lifecycle solutions, announced that it has received the 2014 Supplier of the Year Award from Juniper Networks. The award was presented at Juniper Networks’ recent Supplier Summit in Sunnyvale, California. The 2014 Supplier of the Year Award recognizes Celestica for its…

Is Your Supply Chain Truly Agile? Don’t Guess

Stop guessing. Figuring out whether your company’s manufacturing supply chain is agile isn’t that difficult. That is, if you are willing to face the brutal truth that it probably isn’t as flexible as you think – just like the supply chains in operations at many other enterprises. That’s the assessment of a group of researchers…

Report: Manufacturing Needs to Evolve Risk Assessment

Manufacturers are facing complex business risks and disruptors, resulting in a need for the industry to evolve their risk assessment capabilities, according to a new study, jointly conducted by Deloitte and the Manufacturers Alliance for Productivity and Innovation (MAPI). One of the key findings indicates that supply chains need to be carefully managed or they…

Midsize Manufacturers Expect Growth in 2015

Small and midsized manufacturers are particularly optimistic for 2015, according to Prime Advantage’s Group CFO Survey.  The manufacturing buying consortium announced the findings of its annual survey which revealed the financial projections and top economic concerns of industrial manufacturing companies. The results show continued optimism in the economy and positive growth expectations in several industries as Prime…

Reshoring: A Reality Check

For those who are not fans of TV’s Saturday Night Live, Debbie Downer is a character that finds the dark cloud in every silver lining. A.T. Kearney may just be the Debbie Downer of the U.S. manufacturing industry. An A.T. Kearney report released late last year concluded that the trend toward reshoring manufacturing in the…

Manufacturing Still Sluggish in March

Economic activity in the manufacturing sector expanded in March for the 27th consecutive month, and the overall economy grew for the 70th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management®(ISM®)Manufacturing…

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3D Printing: A Unique Solution to EOL

My love-hate relationship with printers goes way back. I worked in several corporate offices during the 1980s when there was one printer on every floor and it wasn’t working 50 percent of the time. The only person who could load or fix the printer was an executive assistant who had more important things to do.…