Manufacturing 2.0
Rock River Valley manufacturing experts discuss the many facets of manufacturing: technology, education, training, events, people and any other aspects of this important segment of our economy. They’ll use this blog to get the word out and solicit feedback on local and global manufacturing. They hope to better engage our employers, employees and our future work force and increase their understanding of manufacturing.

Archive for March 25th, 2009

Go Global Reason 4

Add comment March 25th, 2009

Another in this series…see earlier posts:  GoGlobal and  GoGlobal 1 and GoGlobal2  and GoGlobal3

What to expect from OEM’s

Next Generation companies are generating double-digit revenue growth by leveraging their strong domestic operations to sell and source internationally.  As OEMs expand their global footprint, they expect key suppliers to keep pace in order to reduce landed costs and meet expectations for cost, quality and delivery.  In this panel discussion, the former head of Supplier Relations Management from Caterpillar will discuss why companies should consider going global, what avenues to take, and why an international strategy is necessary to benefit key customers.   Then, the VP of Business Development from Eclipse will talk about how this company has expanded market share by selling more internationally  He’ll provide context on the key issues of globalization such as financing, intellectual property, logistics, design specs, and dealing with local laws.  The session will be moderated by the President of IMEC, a team of business improvement specialists who work with companies to be more productive and globally competitive.

Register today because SPACE IS LIMITED!  www.GoGlobalRockford.com

Or contact:

Carrie Zethmayr,  Rockford Area Economic Development Council at Czethmayr@rockfordil.com
Marge Bevers,  Greater Rockford Airport Authority at mbevers@flyrfd.com
Megan McKinney,  SupplyCore at Megan.McKinney@SupplyCore.com

Go Global Reason 3

Add comment March 25th, 2009

Realities of 10+2

Just one additional day delay in the global supply chain is equal to ½ of one percent of the value of goods. A one day slowdown due to ineffective implementation of 10+2 compliance would cost $500,000 per year for a company importing $100 million annually.  Matt Gersper, President Global Data Mining, LLC focuses on the importance of understanding the enterprise-wide impact the newly released Importer Security Filing regulation may have on your company. Learn how best-in-class companies are funding cross-functional teams and developing strategic enterprise-wide solutions, using 10+2 as a catalyst to optimize currently inefficient global trade processes, and creating competitive advantage.

Register today because SPACE IS LIMITED!  www.GoGlobalRockford.com

Or contact:

Carrie Zethmayr,  Rockford Area Economic Development Council at Czethmayr@rockfordil.com
Marge Bevers,  Greater Rockford Airport Authority at mbevers@flyrfd.com
Megan McKinney,  SupplyCore at Megan.McKinney@SupplyCore.com

Is Manufacturing Heading Back Up?

Add comment March 25th, 2009

Excerpt from the Advanced Report on Durable Goods sure looks good!

“New orders for manufactured durable goods in February increased $5.5 billion or 3.4 percent to $165.6
billion, the U.S. Census Bureau announced today. This increase follows six consecutive monthly decreases, including a 7.3 percent January decrease. Excluding transportation, new orders increased 3.9 percent. Excluding defense, new orders increased 1.7 percent. Machinery, up following four consecutive monthly decreases, had the largest increase, $2.9 billion or 13.5 percent to $24.4 billion.”

See the rest here….Advanced Report


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