Material world: ToolsGroup sheds light on inventory optimization at OSRAM
ToolsGroup , a global provider of demand-driven inventory optimization solutions, says OSRAM S.p.A. will use ToolsGroup Service Optimizer 99+ solution to optimize the planning processes of raw materials and components managed at its production site in Treviso, Italy.
With sales of 4.7 billion euro in 2007, OSRAM is one of the largest lighting manufacturers in the world. Part of the Siemens AG Group , OSRAM has global presence with 41,000 employees in 150 countries, including 48 production and distribution sites in 17 countries. OSRAM operates in North America as OSRAM Sylvania .
"Our decision to implement ToolsGroup’s SO 99+ solutions was principally motivated by the need to review our optimization strategy for purchased components,” says Giuseppe Carrer, coordinator of the Inbound Supply Chain improvement project at Treviso. “In addition to advanced technology and targeted solutions, ToolsGroup offers us a great deal of experience in the field."
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2012 Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.