Trade, logistics to power Dubai economy (Zawya)

01 March 2010 Dubai: The trade and logistics sectors will replace real estate and tourism as Dubai’s main economic drivers, a top private sector representative said Sunday.

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Trade, logistics to power Dubai economy (Zawya)

China manufacturing slows (Straits Times)

SHANGHAI - GROWTH in China’s manufacturing slowed in February amid efforts to curb overcapacity in some industries and cool inflation by tightening control over bank lending, two surveys showed on Monday.

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China manufacturing slows (Straits Times)

Market Commentary and Intraday News (INO News)

(RTTNews) - Manufacturing activity growth in China slowed more than expected in February, a survey by the Federation of Logistics and Purchasing showed on Monday.

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Market Commentary and Intraday News (INO News)

Chinese Manufacturing Expands Less Than Estimates (Update1) (Bloomberg)

March 1 (Bloomberg) — China’s manufacturing expanded by the least in a year in February as output and orders grew at a slower pace. The Purchasing Managers’ Index fell to a seasonally adjusted 52, according to Li & Fung Ltd., a Hong Kong-based company that releases data for the Federation of Logistics and Purchasing.

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Chinese Manufacturing Expands Less Than Estimates (Update1) (Bloomberg)

Ryder and Cargo Services Far East Limited Enter Strategic Partnership (Marketwire)

Ryder’s New Offering to Provide Retailers With Source-to-Store Logistics Capabilities Between Asia and North America

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Ryder and Cargo Services Far East Limited Enter Strategic Partnership (Marketwire)

The History of Aramex

So what do Salameh al-Aqra and Mohammad al-Sweity, two seasoned marathon runners, have to do with a small village called Dhundalwadi in Maharastra?

The logistics company based in Dubai called Aramex.

Competing with giants like DHL and Fedex, Aramex just posted a better-than-expected 28 % increase in profits in the fourth quarter of year 2009 after a steady decline of revenues during the last year. This only goes to show that the company reflects the values that its brand ambassadors exemplify in their sport, the ability to go the distance.

However, just like most global logistics giants of today, Aramex also began its journey in 1982 as an express operator. Fifteen years later, it became the first Arab company to trade its shares on the NASDAQ exchange, only to return to private ownership in February 2002.
With services that include logistics and warehousing for publication distribution as well as specialized shopping services such as the Shop & Ship U.S. mailbox and Shop the World catalog shopping and the equally competitive international and domestic express delivery and freight forwarding service, Aramex is able to provide its customers with a wide range of transportation solutions with a business network of more than 12,000 offices, 33,000 vehicles and 66,000 employees all over the world today.

With its focus on quality, efficiency, security of information as well as providing its customer with customized solutions for their logistics needs, the Aramex-led Global Distribution Alliance have moved forward from strength to strength giving it a reputation as a force to be reckoned with, in the global market.

Introduction to Supply Chain Management

The concept of networking is one of the biggest contributors to success in an economy where a symbiotic (or interdependent) approach is fast becoming a reality, as opposed to the stand-alone, self sufficient approach of the past. Ask Steve Jobs what he thinks of building partnerships now in working as Apple’s iCEO as compared to the Apple that he founded in the last seventies.

Supply chain management (SCM) is building and managing these links right from the time you request your suppliers for parts until the time your customer purchases your finished product. While it can be relatively simpler for smaller businesses, it can turn out to be a complex task when it pertains to large organizations that have a plethora of products to offer in the market.

So very simply, supply chain management is a strategy adopted by an organization to track the flow of products, information and finance from the supplier to the customer with the ultimate aim to reduce inventory and create the highest level of customer satisfaction by always having stock available for purchase by the customer.

There are elements that integral to managing this process efficiently of which the customer is the most vital element of all, who on deciding to purchase a company’s product starts the entire SCM process. What will follow is production planning, the purchase of raw materials, taking inventory of raw materials obtained, the manufacturing of the product as well as transporting the product to the customer in time, therefore closing the loop of supply chain management.

Technology is also a vital component of SCM, and is applied in every organization at a strategic, tactical and operational level using Enterprise Resource Planning suites that are developed by SAP and Oracle.

TNT outperforms competitors (Business Times (Malaysia))

TNT Express Worldwide (M) Sdn Bhd, a subsidiary of Netherlands based logistics group TNT NV, grew revenue by 19 per cent last year, outperforming the local cargo industry as most cargo operators saw at best, flat growth in 2009. TNT Express managing director Gerry Power has set a target to surpass 2009 numbers this year, going for growth of 20 per cent and above. “The first few weeks of the year …

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TNT outperforms competitors (Business Times (Malaysia))

One-stop service centre for SMEs (Business Times (Malaysia))

KONTENA Nasional Bhd, the national container haulier and logistics services provider, is venturing into the third party logistics industry and aims to be the leading player in the next few years. As a start, the subsidiary of NCB Holdings Bhd, is offering small and medium enterprises (SMEs) a one-stop centre service where they can store goods in Kontena Nasional’s warehouses before having them …

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One-stop service centre for SMEs (Business Times (Malaysia))

BUSINESS COMPANIES (South Bend Tribune)

ST. JOSEPH — Hanson Logistics announces the expansion of its temperature-controlled Chicago Consolidation Center, located in Hobart, Ind. The Phase II expansion is due in large part to the growth of the Hanson Velocities Multi-Vendor Consolidation program.

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BUSINESS COMPANIES (South Bend Tribune)

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