Posts Tagged ‘B’
Thursday, August 6th, 2009
by Amy Nutt
Protecting the environment has become a lot more important as we are starting to see the damage that pollutants are doing to it. Green homes are a great way to not only save the planet but also to save you money. There are many different adjustments that can be made to turn a home green and many of them don’t cost a lot of money. Those that do may qualify you as a buyer to get a tax credit for drafting and making your home more eco-friendly. So how what changes can you make to your home?
Windows can be a large source of pollution. When the windows in your home let air out through small cracks, your AC or heater will be working twice as hard to keep the inside of your house at the right temperature. If they’re working twice as hard, they are using twice as much energy as normal. Insulated windows that have been given the Energy Star logo will keep that air from making its way out. These windows also help to keep the outdoor temperature from getting in which reduces your need for climate control even more. There are tax credits available if you install these windows in your home, and some companies will even match that credit when they do your installation.
Appliances are another place where energy could be wasted on a regular basis in your home. Refrigerators that aren’t energy efficient play a huge part in the electricity you use because they are always on. Appliances that are used often such as the stove or washer and dryer use a lot of energy for the time that they are on. All of these appliances have energy efficient versions and while these will be a high initial cost it will save money over time.
You can even change the flooring you have to help save the environment. If you have wanted to put in hardwood floors, consider using a bamboo material instead. They look like a light hardwood floor and they are eco-friendly because bamboo is an easily renewed source as opposed to trees which can take decades to grow back. They’re also easier to maintain with simple soap and water, cutting back on the chemical products you’d need to use to clean.
Most people have heard of solar panels and thought it was a great idea but too expensive. The thing is, that’s not true. Anyone can install solar panels themselves in their home and pay as little as $500 to do so. The solar panels will bring electricity right into your home, and if you get back more electricity than you use you can actually sell it back to the city’s power company. BCIN and Tax credits are available for this installation too, even if you do it yourself.
There are simple ways a person can make their home a green home without having to install anything. You can switch out all of the light bulbs in your home with energy efficient ones. Faucets and shower heads that have a softer stream will reduce the water you use. You can also start recycling your packaging materials to cut down on your garbage. With so many options on how to go green, it might be hard to pick just one.
About the Author:
Architectural drawings Toronto offers
Drafting Service in Toronto and management services for your home improvement. Services Permit Drawings, and BCIN. We are here to help with any of your home improvement needs, BCIN Mississauga and
BCIN Barrie.
Tags: a, architectural, B, barrie, bcin, building, c, construction, d, design, drafting, drawings, e, Engineering, environment, h, home, home improvement, home;improvement, i, Industry, Interior Design, o, r, referral, renovation, T, technology
Posted in Engineering | No Comments »
Friday, July 17th, 2009
by Nicholas Henderson
Using expensive furniture for start up entrepreneurs is not advisable. In such cases, the best thing to do is to use Second hand furniture sets for Entrepreneurs. This sector is very vast and has quite a lot of potential.
Used office furniture, is a pretty good alternative to consider, instead of spending on brand new office furniture. Moreover you can get some pretty cool stuff, which doesn’t even look used. Thus you can save a pretty neat sum, by going in for used office furniture.
However, you can easily save lots of money by some smart thinking. Start off, by purchasing used office furniture. It is acknowledged fact that the office of any company is its feature for the general public with whom they are dealing with. This is why there cannot be any compromises on the quality of the office furniture which is being used to setup an office.
An Entrepreneur can get, great used furniture pieces of top quality like the Amish furniture sets.
There is plenty of variety and all you have to do is look around.
If you find handcrafted used office furniture at a reduced price, then there’s nothing like it. Handcrafted used office furniture’s never seem to grow old. Almost like old wine, handcrafted used office furniture gets better and better with age.
All the best brands of furniture undergo re-manufacturing and also a lot of refitting. In such instances, the benefit that an Entrepreneur gets, is that all the pieces are devoid of any glitches and are also in good shape.
Due to the increasing popularity of used office furniture, most dealers offer all sorts of freebies. They also offer life time guarantee on some of the products. However, there are lots of benefits which you can reap with the used office furniture.
Sometimes, the furniture is offered with a lifetime guarantee and also has repair services, in case of a minor damage. Using used office furniture sets for Entrepreneurs is a great way to save at least 50% of the original price.
However, before you search for used office furniture you have to make a list of what furniture you need. Along with that bring measurements can also save lots of time. So, try to ensure that you know what exactly you need and the exact measurements of the free space in your office.
Today, the used furniture market is one of the most competitive market segments for furniture. The most important thing is ‘market research’. With proper analysis and study, you will get great furniture sets cheaply.
About the Author:
Purchasing used office furniture is not easy as it sounds.
Furniture Stores Costa Mesa While those would surely fall into this group, refurbished and re-manufactured office furniture is another range. Refurbishing and re-manufacturing also includes giving a refreshing look to the used furniture.
Tags: B, business, e, education, f, finance, furniture, h, home business, home improvement, i, Industry, management, n, o, office, T, technology, u
Posted in Industry | No Comments »
Friday, July 17th, 2009
by Kath McBride
Lighting is often one of the final things to be looked at when considering a construction job. It is frequently however, one of the most notable things in making the desirable landscape. Lighting designs are unique to each building and can be important to the feeling of the area. We will direct you through the ideas you should consider whilst creating a new construction or improving your current lighting.
Producing The best Ambience With Lighting
New lighting programs offer a broad range of options so you can get pleasure from the area in every mood. Designers of residential and municipal buildings lighting consider the user experience as a crucial part of their idea and look at the various aspects that impact these.
Eg, regional climate, sun location (aspect) or heat
These all produce a significant effect on the user experience so designers need to maximise natural light and warmth to lower expenditure whilst ensuring levels comfortable for every landscape. Lighting technology continues to lower the energy usage so investment within the modern equipment is advised because lighting is not something you modify every few years.
The Lighting Concept Stages
The electrical design ought to be looked at early on in the planning process when you should consider the lighting landscape. To cover all areas of creating a working and aesthetically pleasant design you should follow (or ensure your supplier follows) these stages:
1) Knowledge collection - consider where the natural light is, the size of the rooms, height of ceiling, what it will be used for and so forth 2) Creating a reliable strategy - this will be a technical manuscript highlighting specifications and products 3) Costs and Procurement - can the specification be hit inside funding 4) Implementation - how this fits into the complete project strategy, who, when, where and so forth 5) Commissioning - installing and testing of the lighting system
Lighting To Your Preference
All design is intuitive and lighting is no different, do you choose the contemporary recessed lighting before a more acknowledged style of chandelier with wall lighting?
You should visit local retailers and brochures as well as lighting websites to decide on your lighting taste, which of course can be distinct for each area if you desire. The tangible style is individual but largely irrelevant as you can take advantage of the up-to-the-minute lighting equipment regardless of taste.
Utilising Lighting Know-how
With the risk of climate change there has been massive invention within the lighting industry. Paired with the proliferation of the economy within Asia this equipment is accessible to everybody at superb prices.
While discussing your landscape lighting consider the innovations below:
LED Lighting - uses 10% of the power of standard incandescent lamps furthermore lasting much longer Fibre Optics - offer interesting design options whilst being energy saving Outside Lighting - light up the outdoor of the building to create a statement or enhance security Remote Control - modify your lighting scheme by the touch of a button Computerization - utilise sensors to adjust lighting as soon as you enter a place or else switch on at particular times to deter burglars
Take Pleasure In Your Lighting
So you can comprehend lighting must not be an afterthought because it can literally replace the way you look on your building. With a tad of consideration you can create an arrangement that you will have the benefit of for many years.
About the Author:
Great British Lighting are
lighting manufacturers supplying
custom lighting to prestigious building projects worldwide. They can advise on lighting design and lighting technology to bring out the beauty of your building.
Tags: a, B, business, c, construction, d, design, e, h, home, home & family, home;improvement, i, Interior Design, l, landscape lighting, lighting, m, manufacture, Manufacturing, o, p, project, r, T, technology
Posted in Manufacturing | No Comments »
Thursday, July 16th, 2009
by Amy Nutt
Getting into home interior design is not necessarily for the faint of heart, as it can get very complicated and expensive. There is much more to home interior design and just slapping paint on the wall or doing some basic repairs. While virtually anyone can do those sort of tasks, Architectural Drawings, designing an interior from scratch is quite another matter.
However, there is something quite wonderful about having everything in your own hands and having complete control over how you design your house. Obviously, all these sort of things start with a plan. To begin with, this plan might just be a rough sketch on a piece of paper and then it evolves from there.
The plan is the most important thing in fact because it gives you an overall impression of what the end result is going to look like. Before you start spending money and time, you need to have a good impression of what you are in for. There are a number of ways to achieve this. If you have any knowledge of computer aided design, then you can truly work wonders with today’s modern and super fast computers. Though these order programs do tend to have a rather steep learning curve, computers these days are ultimately capable of creating photo realistic designs which you can fly through to see everything how it would look in real life.
However, if you are not into computers and you just don’t have that knowledge, then you can also do quite a lot just with a pen and paper. Creating some two dimensional plans as to whether furniture will go is a start. You will also need to be good at meditating however, as you are going to need to visualise without a picture how your room is going to look.
Of course, you can browse the Internet to find lots of pictures and see if you can find something that inspires you and while you might be able to compare it to the room that you want to redesign, it is not going to be particularly accurate.
Once you have a good idea of what you want to achieve, you can start getting to work. There are various guides available which can teach you the basics of home interior design but you are going to be required to be practical and a general knowledge of basic maintenance is almost essential.
Many of the aspects of home interior designer quite easy to teach yourself. Pretty much anyone can do the basic jobs of painting in preparing services but he gets a bit more complicated if you want to do any plasterwork or install tiles. Nonetheless, there is no reason why you can’t learn and you can also save a lot of money if you do learn. Hiring a professional interior designer is extremely expensive and it could be argued, that they wouldn’t do the job exactly how you wanted it anyway.
Also, if you just want a simple redesign, you can experiment a little and the job will also be far simpler. There is nothing complicated about repainting the room and getting somebody had that a new carpet in for example or even doing it yourself.
About the Author:
Architectural drawings Toronto offers drafting and management services for your home improvement. Services Permit Drawings, and BCIN. We are here to help with any of your home improvement needs,
BCIN Mississauga and
BCIN Barrie.
Tags: a, architectural, B, bcin, building, c, construction, contractor referral, d, design, drafting service, drawings, e, Engineering, h, home, home improvement, home;improvement, home;repair, i, Industry, Interior Design, o, r, renovation, T, technology
Posted in Engineering | No Comments »
Tuesday, June 30th, 2009
by Jeff Kuntz
Manufacturing Design Engineers often design parts out of stock material, metal parts that in practicality would be more efficiently and cost effectively produced as an Investment Casting. This happens because of the familiarity and abundance of machining facilities compared to the relatively small quantity and less understood advantages of Investment Casting operations. Similarly, the conversion of fabrications to castings is often a logical transition for many complex fabrications. In that never-ending quest to increase efficiencies and lower costs, companies are discovering the value Investment Castings can bring to their product lines.
SPOKANE INDUSTRIES specializes in bringing near net shape casting production to the marketplace through our Precision Investment Castings Division. SPOKANE PRECISION CASTINGS can minimize dimensional tolerances without machining or other subcontracting methods so that you may have a finished product ready for rapid assembly. Were able to produce parts that weigh from 80 pounds to as little as a few grams. In many cases, injecting multiple pieces or several different parts in a single die saves additional operations and reduces costs.
SPOKANE PRECISION CASTINGS offers an almost endless array of alloys. Precipitation Hardening Alloys, Carbon Steels, Low Alloy, 17-4, Tool Steels, Silicon Brass, 300 and 400 Series Stainless Steels, and most other air melts are common. We offer an endless number of commercial applications from the dental, military, food, automotive, and oil industries, to name a few. Our real forte is to get involved at the engineering genesis by taking multiple metal components that may currently be machined or fabricated and design them together. We can then create a single near net shape casting. This eliminates multiple operations, saves money, time and energy - to bring savings to the bottom line for our customers.
Converting fabrications to castings brings a multitude of benefits to a manufacturer. Investment Castings can oftentimes be designed with less material, much stronger, creating less weight and at the same time lower failure rates. In addition, a single casting can often times be designed to do the entire job where there are multiple parts creating a fabrication. This results in assembly lower overhead, time savings, simplified workflow and improves uniformity and aesthetics.
SPOKANE PRECISION CASTINGS cross-trains its workforce to a high degree. Employees are encouraged to move from department to department throughout our production areas where strong visual and written controls facilitate process standardization. SPOKANE PRECISION CASTINGS has implemented many Lean Manufacturing processes where continuous improvement is ongoing and reducing variables ultimately drives lower costs.
SPOKANE PRECISION CASTINGS is augmented by in-house capabilities including full dimensional layout, machining, x-ray, spectrometer and Non-Destructive Testing of mechanical properties. We also perform Magnetic Particle Inspection, liquid penetrant and utilize heat-treat facilities both contractually and internally.
SPOKANE PRECISION CASTINGS has been part of the Spokane Industries family for 18 years. SPOKANE INDUSTRIES, its parent company, has been in the foundry industry since the 1952. This offers full access to a large and diversified engineering department with the latest in CAD/CAM and Flow Test Analysis. We accept a large array of electonic files as well as your CAD/CAM files so that we can rapidly prototype and meet your specifications and schedules.
Jeff Kuntz, Spokane Precision Castings Production Manager states, SPOKANE PRECISION CASTINGS has been working with industries from military grade castings ” like Class II Armor Certified, to dental equipment castings with high esthetic appeal. Were accustomed to producing quantities that range from low volume/high variety to commodity products that range up to 80 thousand Investment Castings every month. Our goal is to exceed the customers expectations at every opportunity.
The combination of all of our in-house capabilities along with some local strategic partners help us stand alone in the marketplace and adds to our ability to help our customers meet their ever changing needs. Starting with our customers drawings and vision, we strive to meet all of your Investment Casting needs.
Bottom line ” faster R & D, first articles get to you faster and ultimately saves you time and money. Isnt that what its really all about?
Tags: a, advice, alloys, B, business;finance, f, foundry, i, investment casting, investment casting foundry, investment castings, lossless casting, m, management, Manufacturing, molten metal, n, precision casting, s, steel foundry, steel industry
Posted in Manufacturing | No Comments »
Tuesday, June 23rd, 2009
by John Benson
For many manufacturing workshops, choosing a well designed, cost effective material handling solution is critical to streamlining workflow and maximizing productivity. In today’s marketplace, there are multiple options, but ceiling mounted workstation cranes are a very common and popular solution. These inexpensive ceiling mounted cranes, generically called “overhead bridge cranes,” are efficiently moved by the worker’s own power and have proven to be the ideal material handling solutions for many companies because they can streamline and maximize productivity, while adding little to the cost of the process.
Limited work space is a problem on many manufacturing floors. Overhead crane systems are a perfect solution - they provide necessary coverage without the use of support columns. Ceiling mounted systems can also be linked to a monorail or crane that uses interlock sections, making them a welcome addition to existing efficient processes.
Overhead crane systems are supported by the existing building structure instead of requiring support columns. Consult with a qualified architect or engineer for the first step in deciding if an overhead crane system is the right solution for your company. These professionals are the right people to determine if your building structure is able to support the crane system.
When choosing an overhead crane for your workshop, there are several factors to consider. Crane capacity is the first point to consider. Buying higher capacities than required creates extra load weight and leads to dead weight on the bridge. This requires more weight for the operator to move a load, though typically only one percent of the actual force weight is required for movement.
Height, width, and length are also three major points of consideration for companies considering an overhead crane solution. Height is measured from the floor to the point from which a hoist is suspended, while the length of a crane runway is determined by the specific area requiring coverage. Width of an overhead crane is determined by the length of the bridge between the centers of two runways.
In addition to size factors, there are many different types of overhead cranes to fit the custom challenges of most manufacturing workshops. If your company needs a crane solution for load transportation, overhead cranes create easy, ergonomic movement for most operators. Companies that have a fast paced working environment could find manual overhead cranes to be a better solution than motorized cranes because they tend to operate more quickly.
That said, motorized systems are better for moving heavier loads. Transporting 1000, 2000, or 4000 pound objects? Motorized systems are perfect for these jobs. Bridge travel typically leads to the need for a motorized system, especially when it travels across an inaccessible area.
Overhead cranes are the best solution for workshops that require cost effective solutions for handling materials. Proper consultation should be done before shopping for a solution as there are many overhead crane options. Make sure the solution you select is the best for your manufacturing jobs.
About the Author:
About the Author: John Benson is a freelance writer writes on several topics within the manufacturing industry, including developments in the productivity and safety of
overhead cranes. Efficiency of productivity and workflow are topics he handled several times in his experience as a former project manager. Find more about
overhead bridge cranes and Benson’s various other article topics.
Tags: a, B, business, business;finance, c, construction, construction equipment, cranes, e, m, Manufacturing, o, overhead bridge cranes, overhead crane, s, safety advice, V, Vehicles
Posted in Manufacturing | No Comments »
Tuesday, June 23rd, 2009
by Mike Eckhards
The Investment Symposium and China Consumer Gods Fair have been a solid platform for Chinese entrepreneurs to showcase themselves and their advanced products. Despite the influence of the international economic environment, the exhibiting companies their talents in seeking opportunities.
Electrical household appliances like electric irons and vacuum cleaners are some important products for export in Ningbo. Therefore on the Consumer Goods Fair the companies of small household appliances are competing to acquire new clients and receive more substantial orders. Then how can they trust into the future with the slumping global economy and crisis “made in USA”?
An director of an Electric Appliance Company said,
“We are working to upgrade our product structure through research and development and training of human resources, in an effort to expand the market share. We don’t simply downsize personnel or reduce costs to cut down the price. We focus more on technical capabilities and try to increase our product versatility and the popularity”.
With influence of the financial crisis products like vacuum cleaners facing some additional difficulties in export. But by learning about the needs of clients, companies improved their products at the end of last year. Though the price is two dollars higher than before, it is more welcome among foreign customers.
By increasing the added value of products, the companies keep to the strategy of going global. This is happening regardless of the financial crisis.
In the international hall of the ZJITS, we see the London Development Council that is responsible for the business promotion of the London 2012 Olympics. This is the first time they have participated in the ZJITS. The London Olympics Organizing Committee has got 2000 direct contracts and 7000 sub-contracts. For those companies having experience in the Beijing Olympics, the London Olympics really offers a big cake.
Improvements of the investment environment make it easy to move your business to China. Mrs. Groemminger, Vice Chairman of the foreign Chamber Of Commerce and a business consultant in Ningbo - China for over 10 years mentioned, that all you need is a reliable consultant and accounting. With the right connections, confident, attitude and trust, you can make things really happen. Now is the right time to go ahead and make the change. China government is even offering free office space to companies for easy settling down. Even a small budget can get you go far. If it is too late for you to keep your company surviving in your original country, save your patents and bran name and move to China. People like her will help you to get it done the right way.[I:http://semcor.com/wp-content/uploads/2009/06/MikeEckhards5.jpg]
Tags: a, B, business, business;finance, c, consulting, consumer, crisis, e, electrical, f, finance, g, government, i, Investing, investment, l, m, Manufacturing, money, o, office, p, products, r
Posted in Manufacturing | No Comments »
Friday, June 19th, 2009
by Frank Berger
Saving on your electricity bill and protecting the environment are more important than ever, especially in these more competitive markets. Even when the economical crisis are coming to an end, investors will be more sensitive in spending money. Even in countries that did not buy too many products from China, the reputation of industrial products is strongly increasing.[youtube:jIVcAtFzJnw;Ningbo, Xinda, Screw Air Compressor, VSD;http://www.youtube.com/watch?v=jIVcAtFzJnw&feature=related]
AUGUST brand screw compressors are such winners in the competition game. Since the beginning of the global downturn, AUGUST was able to establish dealerships in Israel, Spain, Malaysia, UAE and developing the markets in Italy, Russia and Latin America. To meet the different requirements of such regions, the company can provide CE and ASME certification.
In over 36 years of production experience in combination with in-house research and development, high tech machinery equipment and the sense for doing the right thing at the right time have put the AUGUST brand into a strong position.
Pricing benefits of the AUGUST Variable Speed Drive compressors VSD e-saver, are enabling the distributors to offer a VSD e-saver compressor at a price which is highly competitive to other brands “regular” screw compressors. Furthermore the compressors are coming with a 5 year warranty on the screw.
VSD e-saver are designed to save up to 33% of energy and extending the overall lifetime of the compressor by about 20%. Considering the efficiency and pricing, the payback period for this VSD e-saver Screw Compressor is estimated by 2-3 years. In fact an investment that gives you the money back right away.[I:http://semcor.com/wp-content/uploads/2009/06/FrankBerger0.jpg]
Different countries have different frequencies. VSD compressor technology can be used in 50Hz and 60 Hz. This is giving more opportunity to the distributors to expand the business.
AUGUST brand is currently wiling to negotiate distributorships for a number of selected countries. Besides an existing sales force, the applicant should also be in a position to provide professional and reliable after sales service.
Interested companies should get in touch with the German Marketing manager at fax 86-574-88336161 phone 86-574-88336868 or at - export@xindaworld.com - for more information about the company and the benefits of VSD. http://xinda-lg.en.made-in-china.com
Tags: a, B, business, business;finance, c, china, e, energy, environment, f, factory, finance, g, global warming, green house, h, i, Industry, investment, m, machinery, Manufacturing, n, p, product, r, s, supply, u
Posted in Manufacturing | No Comments »
Tuesday, June 16th, 2009
by Amy Nutt
Roof renovation may mean repairing your current roof to be as good as new, or it may be that your roof needs an entirely new surface of shingles or tar. Whichever it is, roof renovation can be a tricky and dangerous process, so roof renovation for beginners needs to include safety.
Safety First A fall from an 8 or 10 foot roof can lead to death or paralysis. Roof renovation for beginners is, therefore, somewhat dangerous. Use ladders when you are working on a roof. Make sure the ladders are firmly stabilized so that they will not sway or fall when you get on. They need to be so securely set that they can stay in place when you are climbing with full hands.
Scaffolding can actually provide a more stable surface for a beginner working on roof renovation. If you are working near the edge of the roof, stand on the ladder or scaffolding, not on the roof reaching over.
Roofs with a steep pitch are especially dangerous, particularly in wet weather. You need to use roof jacks and planks for safety. A roof jack is a bracket made of metal and attaches to the roof with nail. A board goes between the jacks to provide a more stable surface to walk on.
It’s a good idea to use roof jacks and planks, even on roofs that have a more mild pitch. You will also want to consider the safety of the occupants of a home as you complete the restoration. Clean up the nails as they drop, and don’t put ladders and scaffolding over entrance doors, if you can avoid it.
Repair A beginner may learn to replace flashing on the roof, the soffit and facia, or repair shingles. Replacing an entire roof is likely beyond the skills of a beginner, and shouldn’t be attempted without careful oversight from an experienced helper or a professional.
For a leaking roof, often the homeowner can do a roof restoration by replacing blown off or broken shingles. Note where the leaking point is in the home, and mark it. Then find the marker on the roof and make note of any damaged shingles there. If there are damaged pieces, then the leaking is likely a result of the damaged roof.
Replacing damaged shingles is generally a roof renovation for beginners. It can be done with a few basic tools and without a great deal of experience.
First, find the broken or damaged shingles. If the roof is curling back, get a quality asphalt roof cement. The easiest way to work with it is in a tube made for a caulking gun. In warm weather, go on the roof, flatten the shingle, and glue it down again. In the winter time, you may need to use a propane torch to slightly soften the shingle. Don’t use such a tool on your roof unless you know to use it.
Broken, torn or rotten shingles should be replaced. Hopefully you have a few spare shingles stashed in the garage; if not, roofers can usually supply a few.
Pry off the old shingle with a pry bar and nail and caulk a new shingle in its place.
Tags: a, architectural, B, bcin, building, c, construction, contractor referral, d, design, drafting service, drawings, e, Engineering, h, home improvement, home;improvement, home;repair, i, Industry, o, r, renovation, T, technology
Posted in Engineering | No Comments »
Tuesday, June 16th, 2009
by Kenrick Chatman
Since people have to eat, the food business (unlike the snack food production industry) is recession-proof. Since snack food manufacturers know that consumers can choose not to purchase their products; they have employed a large amount of capital, technology, and branding expenditures and resources. These investments when combined with high customer loyalty have resulted in sales growth and high profit margins.
During the current crisis, customers are more likely to reduce snack spending, make purchases on promotion, and/or switch to private labels due to an increase in price sensitivity. Another challenge for snack food manufacturers is fluctuating commodity prices. Nevertheless, strong brand loyalty when combined with new product innovations and aggressive marketing tactics should help counter the unfavorable effects of the current recession.
Competition in the US snack food production industry is intense since the market is mature and saturated. Correspondingly, below are the key drivers manufacturers can utilize to either grow or maintain share.
Ability to secure key input supply contracts - to aid production planning and reduce procurement costs, manufacturers need reliable contracts with suppliers of key raw inputs including guaranteed supplies at fixed prices.
Ability to pass on price increases - for supplies without fixed prices, manufacturers need to continue to pass on unexpected cost increases to maintain profitability. The major players have been passing on cost increases to offset high energy and commodity prices due to the high brand value of their products. However, supermarkets and grocery stores (due to their increasing power from consolidation) could resist price increases and stock more of their own private labels to enhance profitability.
Ability to reserve desirable shelf space - to maximize retail sales, manufacturers must continue to seek coveted shelf space for their products. They should also expand (or continue expanding) into other distribution outlets which include discount and drug stores, convenience stores, and other locations with high foot traffic.
Ability to change via differentiation and innovation - manufacturers must anticipate, differentiate, and respond to changes in both consumer dietary trends and preferences to preserve or grow share. Demographic and population ethnicity shifts have resulted in new tastes and preferences, requiring manufacturers to change their product lines to meet these new requirements; by using healthier ingredients, product, labeling, packaging, marketing, and other innovations.
For example, consumers are becoming more health conscious and pressed for time and are increasing their consumption of convenient, healthy, and/or tasty snacks. As a result, the fruit and nut snack bars segment combined with low-sodium, low-fat, and organic snack food represent a growth opportunity.
Ability to endure consumer price sensitivity - consumer price sensitivity varies between product segments. Brand loyal consumers are not as sensitive to price changes due to the associated high image, reputation, and product quality perceptions. Likewise, a premium price is charged for products such as Oreo and Doritos. Nevertheless, consumer shifts to cheaper alternatives including cheaper substitutes such as chocolate and muffins and/or private labels could take place; especially for product segments not perceived as high quality.
Ability to thrive internationally - since saturation in the US market could eventually result in undesirable profit margins; manufacturers should continue to seek expansion in Canada, Mexico, Korea, Taiwan, Philippines, Japan, and other countries.
The current crisis should not impact the snack food production industry too much. Nevertheless, manufacturers must continue to secure desirable distribution placement, receive attractive supplier contracts, differentiate, innovate, and seek international growth. Likewise, manufacturers will have a greater chance of growing or maintaining share, margin, and/or sales over the long term.
About the Author:
Kenrick Chatman is a revenue and profit growth authority who writes articles on
industry analysis and the selling process. Feel free to read about other industries by visiting his
industry analysis blog.
Tags: a, advertising, B, business, c, channel, corporate, d, e, h, healthy, i, Industry, industry analysis, internet, management, marketing, n, o, online, s, sales, service, snacks, strategy, T
Posted in Industry | No Comments »