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WELCOME TO FORKLIFTACTION.COM, MATERIALS HANDLING ONLINE.
This is issue #370 - 24 July 2008 of the weekly newsletter for industry professionals.
LiftPower finds opportunity in port proximity
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Cat wins worldwide deal with CEVA Logistics
Cat Lift Trucks has signed a preferred supplier master agreement with leading international third-party logistics provider CEVA Logistics for the provision of materials handling equipment and materials handling solutions worldwide.
Under the agreement, Cat will provide a range of materials handling equipment to many of CEVA’s 1,000 locations around the globe. CEVA currently runs a fleet of over 5,000 forklifts.
The latest deal extends a long-standing partnership between the two companies which goes back to the days when CEVA was known as TNT Logistics. Previous milestones in the partnership include Cat winning a preferred supplier contract for the whole of Europe, the Middle East and Africa in 2003 and being named a worldwide preferred supplier in early 2007.
Cat won the latest contract as a result of a combination of factors, including the quality of its equipment, the competitiveness of its overall package and its excellent record on service and support.
“It was all about the total package – a combination of the commercial offering, the service, and the truck quality,” says Igor Magud, head of category sourcing at CEVA.
The new contract is part of a drive by CEVA to reduce the number of materials handling equipment suppliers it deals with around the world. “The move will simplify administration and result in significant cost savings,” he explains. Magud adds that he is confident the new relationship will stretch far into the future. “We view this very much as a long-term strategic partnership,” he says. “We now have what we consider a market-leading solution and we feel we’ll be entrenched together for a very long time.”
“It was a long and tough process we set out on in 2006, but based upon our dedication and hands-on mentality, our materials handling solutions package, which was developed especially for CEVA Logistics’ business, really stood out from the crowd,” adds Tjeerd Koppenol, Cat’s international accounts manager.
Transnet orders from Kalmar
Cape Town, South Africa
Kalmar Industries has won an order from Transnet Limited, the parent company of terminal operator Transnet Port Terminals (TPT), for the supply of 32 E-One+ rubber-tyred gantry (RTG) cranes. This latest agreement follows on from a series of recent orders received from Transnet, further demonstrating Kalmar’s commitment to ensuring the smooth and efficient operation of South Africa’s largest stevedore.
The new 1-over-5 high and 1+6 wide units, scheduled for delivery starting in June 2009 with the final cranes arriving by November 2010, have been earmarked for the expansion of TPT’s Cape Town Container Terminal operation.
The RTGs will be supplied with Kalmar’s Smartrail, an autosteering and container position verification system, and will be fitted with Bromma spreaders. The automatic steering guides the crane along ‘virtual tracks’ while the container position verification can locate all of the containers in a terminal.
Edwin Briggeman, managing director of Kalmar Industries South Africa (Pty) Ltd, says the order follows from Transnet’s successful operation of Kalmar equipment at TPT’s Pier 1 Container Terminal in Durban, and from this year’s earlier order for 22 RTGs for Transnet’s new development at the Port of Ngqura.
Transnet is investing almost USD541 million to expand capacity at the Cape Town Container Terminal from 800,000 TEU to 1.4 million TEU.
In April, Kalmar was asked to supply 30 CSC440 straddle carriers for Transnet’s operations at Durban Container Terminal (DCT) in the Port of Durban. The machines will be delivered starting in July 2008 with the final units arriving January 2009.
Kalmar has not revealed the value of the latest order or any of the previous contracts.
Crown rider forklift wins design award
New Bremen, OH, United States
Crown Equipment Corp’s design centre and Design Central Inc of Columbus, Ohio have won a gold International Design Excellence Award (IDEA) for Crown’s RC 5500 rider counterbalance forklift.
In ergonomically designing the stand-up forklift, New Bremen-based Crown engineers visited more than 50 customer locations and carefully studied the behaviour of operators getting on and off the truck and manoeuvring the vehicle around a warehouse while managing loads. To accommodate ingress and egress requirements in a loading dock environment, the RC 5500 has a flexible side-stance operator compartment.
“Fresh thinking and new technology were applied to the development of the RC 5500,” says Mike Gallagher, Crown vice president, design centre.
“The RC 5500 shows Crown's dedicated commitment to building lift trucks with the user in the centre of the development process,” says Sudhir Bhatia, award juror and a partner of Mosaic Co of Plymouth, Minnesota, a maker of phosphate and potash crop nutrients.
“There isn’t a detail overlooked,” says another IDEA juror, Andrew Valentine, a student at Virginia Polytechnic University and State University in Blacksburg, Virginia.
The RC 5500 is capable of transporting palletised loads weighing up to 4,000 pounds (1,800 kg). The truck can unload trailers, transport goods internally and externally and handle stacking up to 20 feet (6 metres) with a Triplex mast or up to 22 feet (6.6 metres) with a Quad mast.
The design reduced part count by 20% versus a comparable earlier forklift model, and several RC 5500 components easily separate for reuse or recycling. These include the steel, plastics, hydraulic fluids and lead-acid batteries. Steel accounts for about 90% of the RC 5500’s weight.
The Industrial Designers Society of America (IDSA), based in Dulles, Virginia, and BusinessWeek magazine co-sponsor the IDEA competition, which drew 1,517 entries from 33 countries. Organisers will present 35 gold, 77 silver and 93 bronze awards at a 13 September ceremony during the IDSA Polar Opposites national conference in Phoenix, Arizona. The winners were announced 18 July.
Crown has won nine IDEAs. In recent IDEA competitions, Crown received a 2007 gold for the ST 3000, SX 3000 and WF 3000 family of electric walk-behind forklifts
Separately, in December, the RC 5500 was recognized with a Good Design Award in a 2007 global competition organized by the Chicago Athenaeum Museum of Architecture and Design and the European Centre for Architecture, Art, Design and Urban Studies.
Crown introduced the forklift in March 2007 with pricing of USD24,870-32,770.
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Forklift designs recognised
A number of forklift products were recognised at the 2008 Red Dot design awards, announced recently.
While Rocla’s honourable mention in the product design category for its h2 tiller arm for warehouse truck has been previously reported, other makers were also honoured.
Still managed two accolades – a Red Dot award for its SU 20 electric low-lift truck and another for its FM series of mast forklift trucks.
Judges noted that the SU 20 is able to pick up commercially available pallets in transverse and longitudinal directions. An ergonomically designed driver's platform ensures comfort. The chassis of the SU 20 creates space in the driver's seat area and good access for service purposes.
The FM series, meanwhile, was cited for its design, comfort and functionality which were likened to the “more comfortable equipment of a passenger car”.
Linde got a Red Dot for the 396 series forklift. Besides featuring numerous innovations in terms of construction and technology, the design has paid special attention to the ergonomics of the driver cabin, including the access and the exit, according to judges.
Crown’s WF3000 Series stacker got a Red Dot, having achieved the design objective of creating a very robust, compact and manoeuvrable truck that is easy to use, friendly and inviting as well. The rounded design of the hydro-formed and arched power unit cover, combined with the flowing lines of the lower unit, communicates a sense of strength as well as friendliness, the citation says.
With more than 8,000 submissions from 60 countries, the international Red Dot design awards rank among the largest and most renowned design competitions in the world.
LiftPower finds opportunity in port proximity
Jacksonville, FL, United States
A collaboration between manufacturer Crown Equipment Corporation and distributor LiftPower Inc has resulted in delivery of 30 Crown electric forklifts for a Jacksonville tyre warehouse.
The new facility of Bridgestone Firestone North American Tire LLC also obtained 12 gas-powered forklifts from an outlet for Toyota Material Handling USA Inc of Irvine, California.
“We were aggressive in approaching people at Bridgestone,” says Don Hume, chief executive officer of Jacksonville-based LiftPower. “We talked with Bridgestone in Tennessee and on the West Coast and hooked them up with the Crown national account people” in New Bremen, Ohio.
Hume was aware that Bridgestone managers were contacting various forklift manufacturers in the process of setting up the tyre-maker’s one-million-square-foot (100,000-sqm) distribution centre at Cecil Commerce Center, which was a US Navy air station until 1999.
Bridgestone is ramping up Jacksonville warehouse operations and the firm’s forklift needs “may double” as tyre volumes increase, Hume says. Bridgestone Firestone of Nashville, Tennessee, is a unit of Tokyo-based Bridgestone Corporation.
Proximity to the burgeoning Port of Jacksonville was a factor in the forklift Bridgestone sales. “The continued growth of imports from China is creating demand for more distribution on the East Coast” as numerous major US ports approach saturation levels, he says. LiftPower is a “beneficiary of being in a port city.”
Another growing port in Savannah, Georgia, also boosts LiftPower. Recently, LiftPower sold 300 Crown electric forklifts for use in two new Savannah-area facilities of retailer Target Corporation, a two-million-square-foot (200,000 sqm) regional distribution centre in Port Wentworth, Georgia, and a 1.5-million-square-foot (150,000 sqm) standard distribution centre in Midway, Georgia.
LiftPower employs 85 and distributes Crown, Daewoo, Komatsu and Bendi forklifts through dealerships in Jacksonville, Savannah and Ocala, Florida. A parts site is located in Valdosta, Georgia.
Recently, LiftPower donated a new rider reach forklift worth about USD14,000 to the non-profit Dignity U Wear Foundation Inc of Jacksonville.
Community groups, individuals, manufacturers and retailers donate new clothing that the organization distributes to needy children. “We will become more involved with them,” Hume says.
CONEXPO Asia 2009 detailed
The Association of Equipment Manufacturers (AEM) has announced the next CONEXPO Asia exhibition will be held November 16-19, 2009 at the Chinese Import and Export Fair (CIEF) at the Pazhou Complex in Guangzhou, China.
CONEXPO Asia will include working equipment demonstrations, extensive industry-focused education sessions and co-located industry meetings and events.
The last CONEXPO Asia was held at the Guangzhou facility, home to the internationally renowned Canton Fair in 2007. CONEXPO Asia 2009 will be able to take advantage of the exposition centre’s recent expansion, which includes additional indoor and outdoor exhibit space as well as new meeting and function rooms.
CONEXPO Asia 2007 more than doubled in size compared to the inaugural show held in 2006, in terms of exhibit space and number of attendees. The 2007 show had 28,000 visitors from 115 countries, compared to the 2006 event’s 13,000 attendees from 75 countries.
Show manager Petra Kaiser expects the growth curve to continue next year: “We will build upon the success of the previous CONEXPO Asia events to bring the best of the region and the world direct to the China and Asia-Pacific marketplace,” she says. “With the improved facility, we can continue to expand the opportunities for industry knowledge-sharing in a convenient and first-class location for the worldwide marketplace.”
AEM initiated CONEXPO Asia to provide a China-based exhibition that is run by the industry, for the benefit of the industry. AEM has been active in China for more than 10 years, helping to advance industry achievements in areas including safety, standards, operator training and market data. The show is organized by the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME).
Nominations close on September 30, 2008 and nomination forms are available on the website.
Meanwhile, the count-down has begun for the second Annual TPM Asia Conference in China.
The most pressing issues affecting container trade and logistics in the Europe-Asia, trans-Pacific and intra-Asia markets — from an Asian perspective — will be covered on September 17 and 18 at this event which will take place at the InterContinental Shenzhen Hotel in Shenzhen, China.
The conference comes as container trade throughout Asia continues to grow exponentially, raising many complex challenges for shippers, carriers, 3PLs, terminals and other industry professionals.
For more information on the conference, visit: www.joc.com.
Auction in Texas moves 188 forklifts
FORT WORTH, TX, United States
Ritchie Bros. Auctioneers Inc moved forklifts, excavators, cranes, heavy equipment and other items—more than 2,400 in total—at a three-day auction for on-site and online bidders.
“We sold 188 forklifts at our Fort Worth unreserved public auction in July, generating gross auction proceeds totaling more than USD1.5 million,” says David Hobbs, division manager for Ritchie Bros. in Fort Worth.
The auction moved equipment and assets that sold for a total of USD35 million of which USD12 million involved bids from buyers outside the US.
“Of the forklifts, 63% went to purchasers outside the state of Texas including to places like Mexico, Venezuela, Poland, Egypt, Panama, 16 other US states and three Canadian provinces,” Hobbs says.
More than 30% of the forklift sales were to Internet buyers participating online using Ritchie Bros.’s Internet bidding service introduced in 2002.
“In general, when looking at the past year of auction sales, we are seeing the value of forklifts at our auctions as staying quite strong,” Hobbs says.
More than 1,300 people registered to bid in person or by proxy and another 900 registered to bid over the Internet.
Ritchie Bros., based in Richmond, British Columbia, Canada, auctions industrial equipment through more than 110 locations—including the permanent Fort Worth site—in 25 countries.
“Contractors in booming regions like Mexico need equipment they can put straight to work,” Hobbs says. “They travel to our Fort Worth auctions knowing they can find the different types of equipment they need.”
Action Storage chooses Bendi
Redditch, United Kingdom
When a Milton Keynes racking company had to change its own racking system, it turned to Redditch-based Translift Bendi.
Buoyed by unexpected growth, Action Storage was faced with either moving to larger premises or finding additional off-site space. Instead, it opted to practice what it preaches and transformed its warehouse by rearranging its racking and shelving within its existing storage area.
The redesign provided an opportunity to re-evaluate Action Storage’s forklift usage. The company had been using two different types of forklift: a conventional counterbalance truck for pallets and an old, rented, four-way reach truck for long loads, which had reached the end of its useful life.
Faced with narrower aisles, the company rejected a dedicated, very narrow aisle (VNA) truck for its pallets, with MD Tom Brialey explaining that there would have been the additional cost of wire or rail guidance and a space penalty because such trucks need ample manoeuvring space at aisle ends. They are also cumbersomely slow, costly to buy and run, entirely unsuited to outdoor work and difficult to move to other premises when business conditions change.
Instead, Action Storage selected a single Translift Bendi sideloader. This equipment allows support of 5-metre lengths of steel on decks either side of the truck and its forks, which swivel 180 degrees independently of its two, close-coupled front steering wheels. This ability is a great advantage over conventional sideloaders, which can load only on one side of the truck and so mean that they must egress and ingress the aisles each time if they want to access loads on the opposite side of the aisle.
Another comforting factor swinging the contract in Translift’s favour was its well-established, nationwide network of service engineers.
Action Storage has three distinct storage areas for its 1,500 SKUs range. These include a 30-metre run of cantilever racking for its long sections of steel, decked-out adjustable pallet racking for conventional pallets, and a shelving area on ground floor and mezzanine for staff and student lockers.
By reducing the cantilever racking aisle width to 2.5 metres (8.2 feet) and the pallet racking aisles to 2 metres (6.5 feet), the company gained an extra 125 pallet positions, or a 25% increase, and the right choice of articulating truck also saved the cost of an extra forklift.
“If you really want to look at the payback, just look at how much it costs to move buildings,” says Brialey. “This truck will have comfortably paid for itself within a year,” he says.
Equipped with flashing light and reversing beeper, the Bendi sideloader can lift 900 kg (1,984 lb) to 6 metres (19.6 feet) at 600 mm (2 foot) load centres. All three Bendi-trained drivers use paper pick lists and are delighted with the truck’s driving ease. When the warranty expires next year, the company will take out a comprehensive truck maintenance scheme.
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Plant hire firm helps Chelsea Flower Show to recycle
Middlesex, UNITED KINGDOM
British plant hire company L Lynch Ltd. has donated a JCB Telehandler to help recycle materials from the Chelsea Flower Show.
According to the letsrecycle.com website, the recycling project, which is run in collaboration with charities such as the London Wildlife Trust, Beatrix Potter Primary School and Vauxhall City Farm, aims to re-use or recycle materials from the show, such as trees, soil and paving slabs. All of the remaining materials from May's show were moved to a single collection point, where Lynch's JCB 520/50 Loadall, selected for its low noise and emissions, was able to assist in their removal.
The report quotes Rob Lynch, the company's marketing director, saying that the firm is proud to be part of this exciting ‘green' project at the Chelsea Flower Show. “It demonstrates what can be achieved through co-operation between private, public and social groups,” he says.
Lynch claims 25 years’ experience in providing equipment and operators for a range of construction and civil engineering activities.
Hyundai opens UK office
Bracknell, UNITED KINGDOM
Hyundai Heavy Industries Europe has opened a branch office in Bracknell, UK to support customers and dealers throughout the British Isles, according to a report in Construction Europe. The facility was officially opened last week by Eui Youl Lee, executive vice president for sales and product support for Korean parent company, Hyundai Heavy Industries.
Speaking at the opening, Lee said Hyundai, a total newcomer to the European market in 1992, has become recognised as a major player “with significant and growing marketshare, an expanding product line and a reputation in the market for machines which are extremely reliable, productive and hold the resale values well".
The new facility will provide a centralised administration centre and point of contact for Hyundai's construction equipment and forklift truck businesses in the UK.
Jungheinrich unveils reach trucks
Richmond, VA, UNITED STATES
Jungheinrich has announced a new line of three-phase AC electric reach trucks with super elastic tyres and a high ground clearance. These features allow the trucks to operate on both smooth floors in the warehouse and on bumpy, uneven surfaces outdoors.
The manufacturer claims the new ETV C16/C20 trucks are suited to stacking and retrieval at high lift heights and in restricted spaces. They are also touted for handling pallets, or working in drive-in racking or single- or multi-shift applications. An optional weather-proof cabin allows operators to work outdoors during harsh weather conditions.
The ETV C16 can lift loads up to 3,500 lbs (1,587 kg), while the ETV C20 has a load capacity of 4,400 lbs 1,995 kg). Both trucks have lift heights up to 24.3 feet (7.5 metres).
Kustom Coats protect pallet trucks
Morinville, Alberta, Canada
DRH Ventures has created Kustom Coats covers of tough textile for use on industrial pallet trucks including virtually any walkie model.
“The inspiration for this product came out of what I deemed a necessity,” says Denis Haddock, founder of the sole proprietorship and director of operations. “As a technician in the field, I see countless unnecessary damages being caused by foreign objects and liquids entering the machine.”
His solution protects pallet trucks, their battery connections and other components from exposure to harmful environmental elements.
Haddock began development of the concept in 2005 and commercially launched the functional product line in October 2007 with demonstration units, a video-enhanced Internet site and presentations to players in the materials handling industry.
He observed “companies trying to outfit the equipment with boxes and milk crates taped to the battery and using them to hold working utensils (including scanner and clipboard), shrink wrap and garbage” receptacles. Kustom Coats covers address these issues “with minimal cost and a great return on investment, low cost of operation, safe usage of the machine and a cleaner facility,” he says.
Market reaction has been positive. “Those who have seen the line are enthusiastic, (and) the people who have purchased them are satisfied,” he says. Some customers have inquired about alternative styles. “This is not a limited product line,” Haddock says. “It can be made for any make, model and application and is patented as such.”
Production opportunities exist.
“We have manufacturers ready and waiting to develop any future prototypes as the demand arises,” he says. “The material we utilise is a textile called “mercury” ― an 18-ounce PVC coated polyester fabric ―as well as a combination of other textiles. Mercury is a very strong, webbed type material that is also used to reinforce Zodiac-type inflatable boats.”
Cover prices can vary because each is custom made for a specific model. Using Raymond equipment as examples, a Kustom Coats cover for a model 102XM walkie pallet truck costs approximately CAD140, and a cover for a model 8400 rider pallet truck is about CAD400.
Haddock says the business would consider licensing proposals or other business arrangements.
Watts in a name? Not Vulkollan!
Gloucestershire, United Kingdom
During the recent launch of Watts Urethane Products’ new material Exel, references to the brand name Vulkollan were used within the press release. These references, and any comparison, were not authorised and are not supported by Watts Urethane Products.
The Exel material is an alternative to all tyre grades of polyurethane available on the market today, and at no point should the brand name of Vulkollan have been used in any direct reference or comparison. Watts apologises for any inconvenience or misunderstanding that this reference may have caused.
In May, Forkliftaction.com News reported that Watts Urethane Products was launching a new tyre compound at CeMAT.
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Dangers of working in cold storage
MELBOURNE, Victoria, Australia
WorkSafe Victoria released a new handbook this month, containing guidelines for working in cold storage facilities.
Numerous risks - particularly with regard to the use of forklifts - have been highlighted such as visibility with high-risk examples including:
• poorly designed and positioned general or task lighting in traffic or work areas;
• product storage that is in or across designated walkways or roadways;
• blind spots created by the temporary or permanent storage of product pallets adjacent to roadways or traffic areas; and
• pedestrian, forklift and vehicle traffic intersections that create blind corners.
Another risk highlighted relates to the design and layout of the facility, with a high risk occurring when aisles:
• are not wide enough to easily and safely manoeuvre forklift trucks or other equipment;
• terminate at blind corners and intersect with roadways or forklift traffic areas;
• have product or material stored across or within aisles;
• are used by both pedestrian and vehicular traffic at the same time; or
• have inadequate lighting due to position or type of lighting.
Structural supports can also pose a risk when they are positioned in or adjacent to vehicle or forklift traffic areas, are not clearly visible and easily defined, impede or restrict the movement of forklift and pedestrian traffic and increase thermal conduction.
Poor flooring systems can also be a high risk, particularly if it results in tripping hazards created by uneven, cracked or broken concrete; excessive number, size, and position of expansion joints; and unsafe internal forklift traffic areas and roadways created by an uneven floor surface.
Environmental factors also play a role with poorly ventilated spaces such as cool stores, freezer rooms and controlled atmosphere rooms presenting hazardous atmospheres. A poorly ventilated space may become dangerous if there is an unsafe level of atmospheric contaminants or the oxygen level is unsafe.
An example of dangerous work in poorly ventilated places includes the use of liquid petroleum gas (LPG), petrol or diesel forklift trucks in cool stores or freezer rooms as dangerous levels of carbon monoxide may build up where poorly tuned LPG, petrol or diesel forklift trucks operate and ventilation is insufficient.
For more information on the handbook, visit the website: www.worksafe.vic.gov.au
Beaconsfield casualty was telehandler operator
The miner who lost his life in the Beaconsfield mine disaster in Northern Tasmania in 2006 was operating a telehandler when the rockfall occurred, killing him instantly and trapping his two colleagues for a fortnight.
According to a report by The Age, Larry Knight, 44, of Launceston, died instantly at the controls of a telehandler machine holding aloft workmates Todd Russell and Brant Webb in a cage.
Russell and Webb survived in the crushed cage, under tonnes of rock, for 14 days in a rescue led by the mine management that drew global attention.
The miner’s family has expressed disappointment that the mine will not be represented at much of the coronial inquest, which began this week.
New rail and port proposal
The first new Australian coal port in 25 years could be built in Queensland.
Premier Anna Bligh, who made the announcement last week, says the three proposals – for the Bowen, the Galilee and Surat coal basins - could deliver a “quantum leap” for Queensland’s coal industry.
“These projects could see this state fully harness the opportunities the resources boom can offer by delivering a 40% increase in our coal exporting capacity,” she says.
The first and largest of the three projects under consideration by the state government is the AUD5.3 billion Galilee Coal proposal by Waratah Coal.
“This extraordinary project consists of a new mine near Alpha with the potential to produce 25 million tonnes of thermal coal for export per annum,” says Bligh.
“A new Australian coal port – the first in a quarter of a century - would be built near Shoalwater Bay between Rockhampton and Mackay with a capacity of up to 100 million tonnes of coal per annum.
“A new 500km rail line - reaching from the Galilee Basin to the new port at Shoalwater Bay - would open this region to coal exports for the first time.”
The premier says Defence Force land is being targeted for the project so that adjacent Byfield National Park would not be affected.
The second proposal is the Bowen Basin Growth Project consisting of two new mines at Daunia and Caval Ridge and an expansion of the existing Gooyella Riverside Mine north of Moranbah.
“This BHP Billiton Mitsubishi Alliance proposal would boost coal exports in the area by about 20 million tonnes,” says Bligh.
She adds that the third proposal - for a 30 million tonnes-a-year open-cut coal mine near Wandoan by a consortium led by Xstrata Coal - was declared a significant project in December last year.
The co-ordinator-general expects to release draft terms of reference for the environmental impact statements for the new proposals by late September.
Show them the money
SYDNEY, New South Wales, Australia
Only one in four supply chain and procurement managers include salary range in job advertisements despite 82% of candidates wanting to see this information.
This was one of the findings of a survey released this week by recruitment specialist Hudson Supply Chain & Procurement.
The company found many supply chain and procurement hiring managers are using recruitment practices that fail to engage supply chain and procurement professionals.
The survey of 132 supply chain and procurement hiring managers nationally shows many employers simply don't have their finger on the pulse when it comes to knowing what motivates job seekers. As a result, they are missing out on attracting the best people in the market.
The research found that just one in four (26%) of employers include salary information in their job advertisements while only 37% include information on career development opportunities and 38% cover the provision of training in their advertisements.
Global gloom but Australia still lucky
MELBOURNE, Vicctoria, Australia
Growth is slowing across the world, inflation is on the rise, asset prices are falling and the reality that addressing climate change will be costly is hitting home. The latest ANZ economic monthly report says that the ‘easy prosperity’ of the middle of this decade has clearly passed.
Deputy chief economist and head of industry and strategic research Tony Pearson says the years 2004 to 2007 were the four strongest consecutive years of growth for over 30 years, with an average global growth rate of 4.7%, but in 2008, growth has slowed, with the downturn led by the US and the UK.
Consumer price inflation is rising worldwide, says Pearson, with global inflation forecast to reach an annual average rate of 4.9%. However, he predicts it will ease to 3.5% in 2009 as a result of the slowing in economic momentum, provided there are no further increases in commodity prices, particularly oil.
Pearson reports that efforts to deal with climate change, while necessary, will have significant costs which still need to be quantified. However, he reiterates that the cost of inaction may be higher than the cost of action.
Despite the gloom, Pearson says the outlook for Australia is still bright largely due to the rise in commodity prices. Although the country’s economic growth rate will slow quite sharply in 2008/9, it will not be due to global influences but rather the deliberate slowdown engineered by the Reserve Bank to cool inflationary pressures.
He concludes that while there are considerable challenges, it is still a great time to be Australian.
Good trading results for DP World
SYDNEY, New South Wales, Australia
Global marine terminal operator DP World this week announced that its majority-owned or -operated terminals reported a throughput of 13.6 million TEU for the first half of 2008, an increase of 21% over the same period last year.
This increase in volume was driven by excellent performance from its terminals in the Australia, India and Middle East regions, the latter two benefiting from cargo formerly destined for the US being redirected into markets in India, Middle East and Africa.
The two Dubai ports of Jebel Ali and Port Rashid together grew 17% to reach 5.8 million TEU for the first half of 2008.
The company will announce its 2008 half-year financial results on 28 August.
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New Quick Reference Product Guides from SMH
Systems Material Handling Co. (SMH), Olathe, Kansas is now offering Quick Reference Guides for the Meteorlite and Safe-T-Alert product lines. These handy guides contain part numbers, photos and all the technical information required to assist in identifying the specific product that meets your requirements.
Click here for the full text of this release, including pictures.
Saddle up for Forklift Safety Rodeo & Expo 2008
On the 7th & 8th November 2008, the Springfield/Clark County Safety Council (SCCSC) will be conducting what started out to be a county-wide event which grew into a statewide, Ohio Championship - and now an international event “open” to all comers!
Click here for the full text of this release, including pictures.
Australian Built for Australian Conditions
SUMI announces the all-new Australian designed and manufactured “COBRA”, the world’s first Legless Stacker featuring Power Steering and Variable Total Control ( VTC ) Hydraulic Actuation. These provide infinitely variable control of Lift, Lower, Tilt and Drive functions.
Click here for more information on this product, including pictures.
NEW CS Easy ...... Innovative, Quick, Simple
Solid Plus is an Industrial Forklift Tyre replacement service company operating throughout Australia. Solid Plus supplies & fits tyres from Continental, Watts, Advance, Armour and Double Coin to cater for all applications, budgets and specific uses of forklifts and other Industrial and materials handling machinery.
Click here for more information on this product, including pictures.
TC Conn: DIY safety training can work
Neenah, WI, United States
There was recently a bit of debate on the Discussion Forums about "train the trainer", and TC Conn jumped in with some advice. So we asked him to provide an overview.
Click here for the full Safety First feature, including pictures.
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