May 22, 2008 - Modern Distribution Management

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May 22, 2008

Canadian Economic Output Slumps in February

Source: Statistics Canada
 
Canadian economic output slumped again in February, after recovering in January from a steep decline in December. Several factors have contributed to the recent weakness in real gross domestic product (GDP).
 
The new Family Day holiday in Ontario shortened work hours in February for many firms. Weather also has been erratic, with record snow this winter in much of Eastern Canada and the coldest weather in years in Western Canada. Meanwhile, the US economy remained sluggish in the first quarter, as the worsening state of its housing market offset higher exports.
 
But mostly, growth in Canada has been restrained by large drops in auto assemblies. The recent volatility of auto production in Canada is in marked contrast ...

Canadian Economic Output Slumps in February Read More »

Grainger President on the MRO Market

James Ryan, president and COO of Grainger, provided his observations on the MRO market at the Electrical Products Group 2008 Annual Conference. Ryan will become CEO on June 1:
 
Procuring MRO supplies historically has been a back-burner concern for most organizations. It's typically unorganized and unproductive. But that's changing. More and more people who operate facilities are seeing the time and the costs associated with managing MRO. Yet it can be a big challenge for them to reduce those costs, and eliminate the headaches. 

"As companies fight to be competitive in their industries, they want reliable partners who can help them identify savings and improve productivity. The opportunity is there for MRO suppliers with the skills and know-how to help in some of ...

Grainger President on the MRO Market Read More »

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