Bio Link
Featured in Alltop
See what we are reading
Syndicate
November 2011 Manufacturing ISM Report On Business®: Buying Policy
Buying Policy
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.
| Percent Reporting | |||||||
|---|---|---|---|---|---|---|---|
Capital Expenditures |
Hand- to- Mouth |
30 ... | |||||
November 2011 Manufacturing ISM Report On Business®: Customer Inventories
Customers' Inventories*
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 >>November 2011 Manufacturing ISM Report On Business®: Summary
WHAT RESPONDENTS ARE SAYING ...
- "Business still holding its own. Some growth in margin now that some of the raw materials prices have abated. Oil is pushing $100 so that has not been favorable." (Chemical Products)
- "Orders for the remaining two months have increased after an extended 'summer dip' in sales overall. We expect to finish the year approximately 10 percent above 2010." (Electrical Equipment, Appliances & Components)
- "Seeing a slight slowdown in orders; could be related to the holidays." (Primary Metals)
- ...
November 2011 Non-Manufacturing ISM Report On Business®: Inventory Sentiment
Inventory Sentiment
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 >>November 2011 Non-Manufacturing ISM Report On Business®: Inventories
Inventories
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.
Inventories |
% Higher |
% Same |
% Lower |
Index |
|---|---|---|---|---|
| Nov 2011 | 20 | 65 | 15 | 52.5 |
| Oct 2011 | 14 | 63 | 23 | 45.5 |
| Sep 2011 | 19 | 65 | 16 | 51.5 |
| Aug 2011 | 21 | 65 | 14 | 53.5 |
See full report
November 2011 Non-Manufacturing ISM Report On Business®: Overall Summary
WHAT RESPONDENTS ARE SAYING...
- "Business activity continues to swing back and forth. Customer traffic remains lower than expected, but discretionary spending is fluctuating, making it difficult to find the pulse of the consumer." (Arts, Entertainment & Recreation)
- "Lending is getting a little better. Competition for good deals is fierce because there remains a very limited number of high-quality borrowers." (Finance & Insurance)
- "Raw materials prices appear to be stabilizing, and in some cases are dropping. Diesel fuels remain elevated and have not dropped." ...
Santa's Supply Chain: Best in the World?
Richard Howells, SAP
Gartner likes to publish the Top 25 Supply Chains every year. Unfortunately, there’s one supply
chain the esteemed analyst firm continues to overlook. And it just so happens to be the greatest supply chain ...
Apple's Supply-Chain Secret? Hoard Lasers
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 >>Five Steps to Painless Inventory Management
Make it Easy for Customers to Do Business with You
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 >>