Business Services

Finance Director / Company Secretary

A leading Business Services & Logistics company is looking for a Finance Director and Company Secretary to join their London office. Momart is the UK’s leading provider of specialist art logistics services with an unmatched reputation for excellence acknowledged throughout the art world.

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Finance Director / Company Secretary

Importance of Injection Speed

Many plastics companies working in manufacturing today utilize the process of injection molding. It can be a complicated process, which means there are plenty of places where errors can occur, causing a variety of defects in the finished products. One of the factors that must be carefully monitored is the speed at which the plastic is injected into the mold.

Why is speed such an important factor in plastics injection molding? Speed affects the temperature of the plastic. If it is injected too slowly, the plastic will have a chance to cool. This can cause wavy lines (flow marks) in the finished product or even a mold that was only partially filled, resulting in an unfinished product. On the other hand, if the injection speed is too high, the product can end up deformed or even have burn marks. It’s important to have an experienced manufacturer for your essential parts.

TNT acquires Speedage to build leading position in domestic market in India

TNT N.V. recently announced the acquisition of ARC India Limited that operates under the name of Speedage Express Cargo Services in India. Keeping with TNT’s strategic aim of becoming the leading provider express deliveries in the Asian market, this acquisition is set to provide TNT with major network support in the market. Combining Speedage’s powerful road network in India with TNT’s unbeatable international network infrastructure will create a great platform for further expansion in the region.

Founded in 1995 Speedage has an profitable annual turnover of over Euro 17 million as published in the financial year 2005/2006. The acquisition of Speedage will add 514 depots, 26 transit hubs, 730 vehicles and 1,195 employees to TNT’s already impressive fleet. Speedage also have about 1300 sub-contracted staff who help the company provide comprehensive delivery solutions to the Indian market.

TNT Express is a globally recognized organization, which delivers 3.5 million parcels, documents and freight a week around the world. TNT has a fleet of 19,000 road vehicles and 43 aircraft and has the biggest door-to-door express delivery service in Europe. TNT also boasted Euro 277 million operating income in the first half 2006 and a revenue of Euro 2.9 billion in the first half of 2006.

Tesco Direct select TNT Logistics for Home Delivery

TNT logistics in the UK has recently been awarded a five year contract to operate home delivery services for the recently launched Tesco Direct. The nationwide delivery service will use Tesco Direct vehicles along with TNT Logistics TNT Home fleet, which already delivers goods from other service providers.

Tesco Direct says that TNT Logistics long standing record for home delivery is one of the key reasons for handing them the contract. “They are the ideal logistics partner for us as they have the expertise we require to ensure the deliveries are made as promised to our customers. In addition, through the use of the TNT Home fleet, they give us the flexibility to grow the business in a cost-effective way. As with all parts of the Tesco business, the focus upon customer service is paramount, and TNT have demonstrated an enthusiasm to work with us to make the customer experience amongst the best in the market” said Neil Ashworth supply chain director at Tesco.com. Tesco Direct at the launch will offer about 8000 products, out of which at least 1000 would require the 2 man home delivery service - from sofas to wardrobes and outdoor play equipment and full size home gyms.

The logistics operation for Tesco will be run out of the brand new 38,000 square meter National Distribution centre at Crewe which TNT will manage on Tesco’s behalf and make use of six home delivery platforms from Glasgow to Exeter.

DHL wins contract worth GBP 1.6 billion

DHL Logistics has won a decade-long deal amounting to GBP 1.6 billion in revenue to manage a total spend of GBP 22 billion with the UK Government’s Department of Health. DHL plans to target over GBP 1 billion savings over the contract period and will run a division called NHS Supply Chain, on behalf of NHS Business Services Authority.

This contract ensures that DHL is responsible for the delivery of all procurement and logistics services across an initial 500,000 products to support 600 hospitals and other health providers in England. It ensures that public health authorities are able to dedicate more resources to patient care and continue to manage their cost base efficiently. The contract is said to lead to the creation of over 1,000 additional positions within the company.

The NHS Supply Chain will manage a wide range of products including key supplier and maintenance contracts, food, bed linen, office equipment, stationery, cleaning products, patient clothing, medical and surgical equipment dressings and provisions. The chain will also have its own management team and be governed by a Board dedicated to managing the performance of the operations and will be overseen by the NHS Business Services Authority.

Last year, DHL opened a new 250,000 sq ft UK-based distribution centre as a stockholding hub for food and other products. Approximately 1,000 extra employees were recruited to manage the distribution centre. Another distribution centre is to be opened in 2012.

Are you ready for dinnerware made of corn?

Corn might be considered part of a healthy, hearty dinner for many Americans. But would you consider it to be part of your dinnerware? One Texas businessman hopes to turn what you eat into what you eat on.

Plastic manufacturer John Pitre, CEO of Variety Global Business Group of Houston, is looking for between $2 million to $20 million to fund his plans to process and distribute corn-based dinnerware in conjunction with a Chinese company. Rather than be created through plastics injection molding like many pieces of dinnerware are, these items will be vacuum formed.

Although the partnership is being done with a Chinese company, production will be handled in the United States because Pitre says that the costs of shipping from China are extensive, and consumers have more trust in products made domestically.

The plants could potentially create up to 120 jobs at each of the locations it will open, which Pitre says will be announced within the next 30 days. Sites in 15 states are possible, including Ohio, Indiana, Maryland and Georgia. Pitre said the company is seeking to build plants in areas with empty industrial spaces and experienced workers.

The Chinese company VGB is partnering with is Dongguan Honghao High-New Technical Development Co. of Dongguan, China, which is looking to expand its plastics technology into the United States. The company opened in 2000 as a plastic manufacturer, creating items such as wholesale plastic containers for food made from biodegradable products. The company is also selling its turnkey products to other bioplastics manufacturing companies in China and abroad.