Gems TV Holdings says it will fully outsource its gemstone jewellery supply, in a move aimed at reducing operating costs, increasing supply chain efficiency and improving manufacturing flexibility.
Gems TV has used outsourced suppliers for a proportion of its inventory since inception, and has recently enjoyed higher profit margins from outsourced products. The company will be working with major suppliers in countries such as Thailand, India and China.
As Oracle looks to make Suns hardware business profitable again, a key part of the plan is reforming Suns supply chain, according to officials. Sun is moving from a build-to-stock model to a build-to-order strategy, reducing the number of systems it sells, cutting the number of component suppliers, and closing manufacturing and distribution centers. The moves will save money on transportation, distribution and inventory, Oracle and Sun officials said.
– A key part of Oracles plans for taking over Sun Microsystems hardware business centers around how those systems are built and delivered, according to officials with the newly combined company.
At the event Jan. 27 where Oracle executives unveiled plans for bringing Sun into the fold,
executives ou…
Chemoil (CHEL.SI), one of the world’s leading independent physical suppliers of marine fuel, says it will commence deliveries in the US Gulf Coast port of New Orleans from Feb 1.
Chemoil says the addition of this important and strategic bunkering port will provide customers with more choice and flexibility when procuring bunker fuel in the region.
Hong Kong’s prime office supply is expected to increase by 6% over the next three years, Simon Smith, a deputy managing director of the company said today. Supply in Singapore will increase 47 %t, he said.
Asian Micro Holdings says subsidiary Asian Micro NGV Autosales (Thailand) Co. has received a purchase order for the supply of 100 units of compressed natural gas-powered prime mover from Thai-incorporated Advance Alliance Logistic Co, a logistics and transportation company.
Asian Micro NGV Autosales will deliver 10 units of CNG prime movers to AAL next February for 22 million baht ($0.94 million). The remaining 90 units will be delivered later.
DRAMexchange analysts say they expect makers of dynamic RAM to increase capital expenditures in 2010, but two years of reduced spending by DRAM chip makers combined with a reviving PC market will result in no storage price reductions in the first half of 2010.
– DRAM makers expect to increase capital
expenditures 80 percent in 2010 over 2009 totals, raising spending to $7.8
billion from $4.3 billion, according to market analyst company DRAMexchange. Dynamic
RAM chips are the most common type of
computer memory.
While this is a promising sign of econo…
Midas Holdings says joint-venture company Nanjing SR Puzhen Rail Transport Co. (NPRT) has won a RMB1.56 billion ($322 million) contract from Guangdong Southeast Inter-City Railway Transport Co. and Guangdong Railway Construction Investment Group to supply 32 metro train sets, totalling 192 train cars, for the Pearl River Delta Inter-City Train Project (Dongguan — Shenzhen Section) and Dongguan — Huizhou Inter-City Train Project.
Sino Techfibre, the leading producer of microfibre, polyurethane (PU) synthetic leather and pattern moulding paper (PMP) in China, says the group has clinched a major contract worth RMB45.1 million ($9.3 million) from Shandong Mingjun Textile & Garment Co. for PU synthetic leather to be used for the manufacture of belts and shoes. This is an entirely new PU synthetic leather product which was developed by the group’s R&D team.
Shandong Mingjun is our new customer based in Shandong province which specialises in the manufacturing of fashion apparel, including those for student groups such as The Young Pioneers of China and the Communist Youth League.
China XLX Fertiliser shares rose 82% in their first day of trading in Hong Kong yesterday compared with the company’s close the previous day in Singapore, and an executive said not enough shares were on the market.
Stephan Yao, director of investor relations at China XLX Fertiliser, said there was “an insufficient quantity” of the company’s shares available to Hong Kong investors. “It takes time for the company’s shares to be transferred from Singapore to Hong Kong,” Yao said by phone yesterday. He expects trading conditions to “return to normal” within two weeks.
Private equity firm Actis today said it will invest $142 million to form an oil and gas equipment distribution joint venture with Singapore’s KS Energy Services (KSTL.SI) that will have operations in China and Southeast Asia.
The deal — with an enterprise value of $320 million — will involve Actis putting up the cash and KS Energy taking private its two Singapore-listed units by buying out minority shareholders.
Water company Hyflux says wholly-owned subsidiary, Hydrochem (S) has secured a contract to design and supply a desalination facility for the Salalah Independent Water and Power Project (IWPP) in Oman.
The contract is the first desalination project in Oman and the first IWPP project for Hyflux.
Electricity was turned off yesterday around 18:00 CET in the Serb populated northern parts of Kosovo. This was confirmed for B92 by Kosovsko-MitrovaÄki District chief Radenko Nedeljković.
Intel has made significant improvements in its supply chain, as Intel Senior Vice President Bob Baker outlined in his keynote this week at the Intel Developer Forum. Intel’s ‘Just Say Yes’ initiative has led to significant improvements in customer fulfillment. Manufacturing cycle times have been reduced by 62 percent. Our ability to respond to customer change orders – both positively and quickly – has improved 300 percent. Our turnaround time from customer order placement to delivery has improved 25 percent just in the past 12 months. Our delivery performance to committed dock date has improved significantly. Each of these supply chain improvements has led to more satisfied customers. See Bob Baker’s keynote materials for more info on how Intel is improving its supply chain.
All structures in Å trpce, in southern Kosovo, that are owned by legal entities are still without an electric energy supply. Following the complete shutdown of the electricity supply to this Serb community, the post office, local co-op society, bank, and other companies are still without electricity.
IBM announces the opening of a new analytics center in China to focus on smarter grid, smarter supply chain management and what IBM calls smarter city, covering transportation and traffic management and water management.
– IBM on Aug. 3 announced the opening of a
new analytics center in China.
IBM’s China Analytics Solution Center is
part of a network of global centers the systems giant is opening to address
quot;the growing demand for advanced analytics capabilities needed to help
clients build smarter business…
It is hard to understand how a handful of companies have amassed so much control over food ingredients found in an estimated 75 percent of processed foods in America’s supermarkets.
Apple has revealed as part of its quarterly earnings statement that it cannot produce the new iPhone 3GS fast enough.
Speculation has arisen in recent days that demand was outstripping supply.
"The demand has been staggering almost in every country that we’ve shipped in," said the firm’s chief operating officer Tim Cook.
Nevertheless, the firm still plans to launch the device in 20 more countries in August.
The firm said in a conference call that it sold 5.2 million iPhones in the quarter, seven times more than a year earlier. Apple reported higher-than-expected results, largely based on sales of the handsets.
"We are currently unable to make enough iPhone 3GSs to meet robust demand, and we’re working to address this," said Apple’s chief financial officer Peter Oppenheimer in a conference call about quarterly earnings.
Mr Cook noted that the recent increase in production of the handset was "right on schedule" and would be enough to meet the projected demand when the handset launched in more markets.
"We are confident enough in the production ramp that we will be launching about 20 additional countries on 22 August – which would bring our total to over 40 – and we still expect to be selling the iPhone in over 70 countries later this calendar year," he said.</p
This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.
Debris clearance operations continued at the Delhi Metro accident site in South Delhi on Tuesday.
Cranes, which toppled yesterday leaving six injured, have been removed from the site.
Vehicular movement towards Nehru Place area has been badly affected with traffic chaos in many places like Greater Kailash, Amar Colony, Moolchand and East of Kailash.
Commuters [...]
The Washington Post, which gained worldwide fame for its effort to sell corporate lobbyists access to its reporters and Obama administration officials, wants 15 million…
