Average commitment lead time for Capital Expenditures remained unchanged at 113 days. Average lead time for Production Materials increased 2 days to 57 days. Average lead time for Maintenance, Repair and Operating (MRO) Supplies decreased 1 day to 24 days.
The ISM Customers' Inventories Index registered 50 percent in November, 6.5 percentage points higher than in October when the index registered 43.5 percent. This month's reading, at 50 percent, indicates that respondents believe their customers' inventories are unchanged from last month, and also represents the first month that the Customers' Inventories Index has not registered below 50 percent since March 2009, when customers' inventories was at 54 percent.
The six manufacturing industries reporting customers' inventories as being too high during November — listed in ...<< MORE >>
The ISM Non-Manufacturing Inventory Sentiment Index in November registered 63 percent, which is 5.5 percentage points higher than the 57.5 percent reported in October. This indicates that respondents believe their inventories are still too high at this time. In November, 31 percent of respondents said their inventories were too high, 5 percent said their inventories were too low, and 64 percent said their inventories were about right.
The nine industries reporting a feeling that their inventories are too high in November — listed in ...<< MORE >>
ISM's Non-Manufacturing Inventories Index grew in November after one month of contraction. The index registered 52.5 percent, which is 7 percentage points higher than the 45.5 percent reading that was reported in October. Of the total respondents in November, 24 percent indicated they do not have inventories or do not measure them. Comments from respondents include: "More orders, so higher raw materials inventories" and "Finally, inventories are in line with run rates."
The nine industries reporting an increase in inventories in November — listed in order — are: Agriculture, Forestry, Fishing & Hunting; Retail Trade; Management of Companies & Support Services; Health Care & Social Assistance; Construction; Transportation & Warehousing; Information; Utilities; and Professional, Scientific & Technical Services. The six industries reporting decreases in inventories in November — listed in order — are: Other Services; Arts, Entertainment & Recreation; Mining; Wholesale Trade; Finance & Insurance; and Accommodation & Food Services.
About five years ago, Apple design guru Jony Ive decided he wanted a new feature for the next MacBook: a small dot of green light above the screen, shining through the computer’s aluminum casing to indicate when its camera was on. The problem? It’s physically impossible to shine light through metal.
Ive called in a team of manufacturing and materials experts to figure out how to make the impossible possible, according to a ...<< MORE >>
Business in the wholesale industry can be very competitive. That’s why wholesalers need to make it easy for their customers to find them in the right vertical search directories, and then make it easy to conduct business. Some important variables include order response speed and customer service requests, the time to market with new products, your delivery speed and the overall customer experience on your site. Retaining customers and growing revenue from existing customers is vital to a wholesale company’s success.... << MORE >>