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Posts Tagged ‘supplier’

12 Questions To Help You Choose A Window Supplier Posted By : Dave Blakeman

Choosing a window supplier can be a complex business. Here are 12 questions you should ask which will help you to decide before putting you home in the hands of strangers!

Xyratex Is World’s No. 1 Storage OEM Supplier: IDC

Never heard of Xyratex? This is not surprising, because the Havant, England-based company does not market a branded product. – IT researcher IDC announced Dec. 21 that it has crowned UK-based Xyratex as the world’s champion supplier of disk storage systems to original equipment manufacturers.

The statistics that support this announcement, however, are somewhat dated; the IDC supplier ranking is based on 2009 revenue. It …


Yamada Greeen Resources IPO 4.3 times oversubscribed

Yamada Green Resources, the major supplier of self-cultivated shiitake mushrooms and manufacturer and supplier of processed food products in Fujian Province, says its IPO was 4.3 times oversubscribed.

At the close of IPO application at noon on Oct 6, there were 3,455 valid applications representing an aggregate of 449,012,000 offer shares received for the 2,000,000 offer shares available to the public. In addition, 103,000,000 placement shares have been purchased.

The shares will start trading on the Mainboard on Oct 8.

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Korean car parts to be manufactured in Serbia

South Korea is interested in building a “supplier park” for its automotive industry in Serbia, say reports from Seoul today. South Korea is interested in building a “supplier park” for its automotive industry in Serbia, say reports from Seoul today.

How to Use Business Intelligence to Improve Supplier Quality Data

Business intelligence software can actually tackle poor supplier quality issues and save companies literally millions of dollars. In one manufacturer’s case, the $2 billion company saved $250,000 per year for just one supplier using a business intelligence solution. Here, Knowledge Center contributor Roland Hoelscher explains why these business intelligence solutions are ready for prime time, and how your company can use them to improve supplier quality data and save money.
– As you investigate business intelligence solutions for your company, it’s important to realize that most poor supplier quality costs are not due to defective materials. Rather, they are due to non-material costs. One recent study showed that 67 percent of poor supplier quality costs are non-material…


SBI Offshore qualified as supplier to Norwegian Aker MH AS

Catalist-listed SBI Offshore, the specialist in the marine and offshore industry, says the group’s manufacturing facility, Jiangyin SBI Offshore Equipment Co., in Jiangyin, Jiangsu Province, China, has been audited by Aker MH AS (MH), one of the world’s largest provider of drilling equipment packages, and is now qualified as a supplier to MH.

Read more…

Newegg Fires Supplier IPEX in Fake Intel Chip Flap

Officials with online retailer Newegg have terminated their relationship with a supplier, IPEX, which they said was the source of counterfeit Intel Core i7-920 processors. Intel officials also are investigating the incident.
– Online technology retailer Newegg has terminated the contract of one
its suppliers, IPEX, which Newegg officials said had shipped them bogus Intel processors.
The counterfeit processors, which reportedly numbered as much as 300, were first reported online March 5 by the Website HardOCP.
Initially…


Intel Honors 16 Companies with Preferred Quality Supplier Award

SANTA CLARA, Calif., March 3, 2010 – Intel Corporation today bestowed 16 companies with its Preferred Quality Supplier (PQS) award.

Intel Honors 10 Companies with Supplier Continuous Quality Improvement Award

SANTA CLARA, Calif., March 3, 2010 — Intel Corporation honored 10 companies today with its Supplier Continuous Quality Improvement (SCQI) award for 2009.

Apple Finds Violations During 2009 Supplier and Manufacturer Audit

Apple discovered 17 violations of its Code of Conduct during a 2009 audit of 102 manufacturers and suppliers, including the employment of underage workers. Apple issued a report, posted on its Website, detailing the violations and the steps taken to correct them. Apple also used the report to emphasize how it trains workers and supervisors in meeting the companys standards for safety and labor, including rights and obligations under contract law.
– Apple found numerous violations during a 2009 audit of its suppliers and
manufacturers, according to a recently issued 2010 progress report on supplier
responsibility. Facility locations included China,
the Czech Republic,
South Korea, Thailand
and the United States.

quot;Apple audits all f…


Glencore buys majority stake in fuel supplier Chemoil: Update

Commodity trader Glencore has bought a 51% stake in Singapore marine fuel supplier Chemoil Energy (CHEL.SI) and offered to buy all remaining shares, a move to give it storage assets and trading leverage. The family of Chemoil founder Robert Chandran has agreed to sell its majority stake in the firm to Glencore for an undisclosed sum. Glencore, the world second-largest independent oil trader, is offering US$0.3552 per share in cash for the remaining shares, an 18% discount to Chemoil’s last traded share price, valuing the firm at US$459 million (638 million). 

Read more…

Tile supplier Hafary launches IPO of 32.5m shares at 20 cents each to raise $4.8m

Hafary Holdings, a local supplier of tiles with almost 30 years of history, has launched its initial public offering of 32.5 million new shares at 20 cents each, in line with its proposed listing on the Catalist today.

The IPO of 32.5 million new shares represents 20% of Hafary’s enlarged share capital of 162.5 million shares. At 20 cents per share, the placement is priced at a historical price earnings ratio of 7.4 times, based on the group’s net earnings per share of 2.7 cents for FY2009 (year ended 30 June 2009) and pre-placement share capital of 130 million shares.

Read more…

CosmoSteel unit wins contract to supply pipes and fittings to NZ refiner

CosmoSteel, the leading supplier and distributor of piping system components to the Energy, Marine and Water industries in Southeast Asia, says wholly-owned subsidiary, Kim Seng Huat Hardware Pte Ltd, has secured a contract to supply pipes and fittings to The New Zealand Refining Company (NZRC), the country’s only oil refinery and a supplier of refined petroleum products. No details on the value of the contract was provided.

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Frankfurt – supplier sector restructuring

I have just heard that billionaire investor Wilbur Ross will be in Frankfurt next month to speak at a SupplierBusiness event that coincides with the IAA. Hats off to the people at SB for getting someone like him along.


Ross is a specialist in turnarounds and in unfashionable stuff that comes cheap and offer big returns when you fix it. Now, his eyes are apparently on the automotive supplier sector.


Suppliers may be generally experiencing tough times, but there are undoubtedly opportunities ahead for the ones that can stick around.


The theme of the conference looks pretty good  – with an electrification angle – and there are some eminent speakers with different perspectives.


I’ll be going along with a colleague, Will Johnston. We have just booked our flights and accommodation. The date is September 17 (Frankfurt Show ‘trade day’) and the event takes place in the Messe where the show is – so you can easily take in the new cars also.


We will be staying in a very reasonably priced hotel near the main railway station (not far from the Messe showground). Judging by the Internet search for rooms we did, there are still plenty of hotel rooms available in Frankfurt around the show dates, even at this late stage.

SupplierBusiness event: A Radical Industry Reconfiguration

Olam loses 2% to $2.50 as commodities index falls

Olam International (OLAM SP), a supplier of agricultural commodities that is partly owned by Temasek Holdings Pte, lost 2% to $2.50. The Reuters/Jefferies CRB Index, which tracks 19 commodities, dropped 2.7% yesterday in New York, its sharpest decline in a month.

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Apple Signs Long-Term Pact with Toshiba for Flash Chips

UPDATED: Apple’s new contract with Toshiba, the world’s second-largest supplier of NAND flash processors, should serve as a major boost for the Japanese chip and device manufacturer. Toshiba has been hit hard in its flash business by financial losses in the last two years due to cutthroat price competition with Samsung, the No. 1 flash supplier.
– Apple, maker of
the iPods and iPhones that are sucking up large quantities of NAND flash chips
practically by the minute, announced July 22 that it has entered a long-term
agreement with Toshiba for Toshiba to keep supplying even more of those chips.

Computer and mobile device maker Apple obta…


ASBIS presents complete mobile solutions

ASBIS, the leading supplier of computer components to the EMEA emerging markets, presents a complete line of products and services for all PC mobile integrators. “Creating an exceptional relationship with integrators and local OEMs is the top priority for our company”, – says Sergey Kostevich, President and CEO at Asbis Enterprises. – “We constantly follow the trends of the global market in order to offer our customers the latest technologies. Today we offer complete mobile solutions to all system integrators and OEMs from all countries where we have offices”.

ASBIS announces termination of distribution agreement with Maxtor

ASBIS, a leading supplier of computer components to the EMEA emerging markets, announced today that it will terminate distribution agreement with Maxtor.