Kyohokai, an association of top suppliers to Toyota, faces scrutiny from regulatory authorities because of potentially collusive behavior, the Wall Street Journal reports. Kyohokai is a 69-year old organization that consists of 222 members representing Toyota’s biggest upstream partners, which disseminates information about Toyota business plans. Earlier this year, group members supported a motion to disband; however, they later agreed to remain intact, opting to increase the transparency of their processes.
Hisataka Nobumoto, chairman of Kyohokai and CEO of Akebono Brake Industry, says the association is not a barrier to competition, though it can seem that way from the outside. The group will reveal more of its inner workings to avoid any appearance of impropriety with regard to its relationship with Toyota and to strengthen corporate compliance. Kyohokai’s hand was forced when US and Japanese authorities began probing into its actions.
In January and April, the US Justice Department charged nine executives at five Japanese auto parts manufacturers with price fixing and bid rigging. Three of the firms, all of which belong to Kyohokai, pled guilty and faced fines totaling $748 million. In an unrelated situation, four Kyohokai member corporations were raided by the Japanese Fair Trade Commission under suspicion of violating antimonopoly laws.
Kyohokai receives no funding from Toyota. A representative from the automaker says the company prioritizes fair and open business relations and requests its suppliers comply with laws and regulations.
India Grants Access to Walmart and Other Large Retailers
India’s government has decided to allow large department stores, including Walmart, to do business inside the country, albeit with some restrictions, the New York Times reports. “Farmers stand to benefit from the significant reduction in post-harvest losses, expected to result from the strengthening of the back-end infrastructure,” reads a government statement. Currently, as much as 40 percent of the food grown by Indian farmers rots before reaching consumers, and spoilage of essential foods stockpiles also is a problem.
The regulations allowing large retailers such as Walmart to operate in India include the following conditions:
Report: Optimism Rising at Small Businesses
- Retailers cannot operate in states that do not agree to the policy.
- Retailers only may operate in large urban areas with more than one million people (India has more than 50).
- Retailers must provide “transport connectivity and parking.”
- Retailers must invest at least $100 million into the country, with at least half of direct investment made to “back-end infrastructure.”
- Retailers must source at least 30 percent of products from Indian small and midsize businesses, or alternatively install local facilities.
Confidence among small-business owners is at its highest level in nine months, Bloomberg News reports. As more companies anticipate rises in hiring and sales, the National Federation of Independent Business (NFIB) announces its optimism index increased to 92.9, overcoming four straight months of decline.
Other good news for manufacturers includes sentiment about the labor market rising to its highest level since 2008, as a net 10 percent of employers report they plan to add workers. This is a strong marker for business activity, despite factors such as a slowdown in the global economy and negative influences from the uncertainty of the upcoming US presidential election’s effects on tax and regulatory policy.
“The labor market readings were very solid,” says William Dunkelberg, chief economist at NFIB. “Expectations for business conditions in early 2013 improved substantially, perhaps a forecast of the election outcome and the chance for a favorable resolution of our fiscal dilemma.”
According to the US Small Business Administration, small companies represent more than 99 percent of US employers. The NFIB surveys 736 small-business owners to generate its monthly report. The data also show an increase to 18 percent of small-business owners who find it hard to fill job openings, compared to 15 percent the previous month.
2012 APICS International Conference & Expo
October 14–16, 2012
Denver, Colorado, USA
Colorado Convention Center
Registration for the 2012 APICS International Conference & Expo is now open. The conference will be held October 14-16, 2012 in Denver, Colorado, USA. The theme of APICS 2012 is Elevate supply chain performance: Value creation through market alignment and integration.
Visit the APICS 2012 website and register today!
Introducing the APICS Risk Management certificate
APICS now offers a comprehensive, forward-looking program that will prepare you to lead risk management activities or participate in the development of global risk mitigation strategy. The APICS Risk Management certificate validates that you have received 12 educational contact hours in core and elective risk management topics.
Obtain the hours necessary to earn the certificate by attending the Risk Management learning path at the 2012 APICS International Conference & Expo (5 hours) and participating in one of the following to complete the remaining 7 hours
- a combination of risk sessions at future educational events including the APICS International Conference & Expo, APICS Supply Chain Asia Conference, or Best of the Best S&OP Conference
- APICS Risk Management Seminar (7 hours)
- pre-approved risk management education sessions at partner events.
Attend the APICS Risk Management Workshop before APICS 2012
Attend a special risk management workshop on the Friday before APICS 2012 at the conference site and receive seven participation hours. Complete the remaining five hours required to earn the certificate by attending all sessions on the APICS 2012 Risk Management learning path.
Register today. (Note: Registration for this workshop is separate from registration for the 2012 APICS International Conference & Expo)
APICS Principles and Practices of MRP for the Manufacturing Planner seminar
This APICS Principles seminar, presented in collaboration with the APICS Chicago chapter, is designed to assist beginning as well as experienced planners using a material requirements planning (MRP) system to acquire a firm understanding of the principles and functions of MRP.
The seminar includes an in-depth review of the role and activities performed by the MRP planner. Performance measurements used to determine the effectiveness of the MRP in priority management are also discussed.
Friday, September 28 | 8:00 a.m.–4:00 p.m. CT
APICS Corporate Office
8430 W Bryn Mawr Avenue, Suite 1000
Chicago, IL 60631 USA
APICS Extra Live: Defining and Achieving True Supply Chain Agility
Lora Cecere, CIRM, Founder, Supply Chain Insights
October 3, 2012
1:00 p.m.–2:00 p.m.
Click here to register.
Webinars On Demand Available
APICS Extra Live: Creating Strong Relationships Between Manufacturers and Distributors
Watch the webinar now.
APICS Extra Live: Solving Supply Chain Disruptions--Beyond the tactical
Watch the webinar now.
Watch more APICS webinars on demand.
Explore APICS folios
Assess supply chain risk, develop your organization’s supply chain strategy and sustainability, and understand how you can successfully implement or grow your organization’s sales and operational planning process with APICS folios.
$19.95 APICS member - Save 50%
APICS Supply Chain Sustainability Folio: Uncovering the Triple Bottom Line
Supply chain and operations management professionals are increasingly called on to carry the torch of innovation to reduce costs, demands on resources, and waste; while increasing the reuse of existing assets, and enabling lean operations. Employing sustainable practices is critical to meeting these business needs.
APICS Supply Chain Strategy Folio: Make the Most of Supply Chain Strategy
Understand challenges and identify areas where senior management and operations management can work together to maximize the effectiveness of your supply chain strategy. Access this APICS folio to delve into critical supply chain functions and tasks that may not be effectively supporting your supply chain strategy.
APICS Supply Chain Risk Folio: Protect your Business with Risk Management
Mitigate and anticipate supply chain risks at your organization—from rising and falling demand to natural disasters, market uncertainty, and varying levels of trust among supply chain partners. Purchase this APICS folio to identify tools to deal with risk at your organization.
APICS S&OP Folio: How to Be an S&OP Champion
Predicting the future generally is thought impossible; yet, S&OP users seek to do just that by strategically directing businesses to achieve competitive advantage. Purchase this APICS folio to understand how you can enable your organization’s bottom-line effectiveness with S&OP.
Access APICS career development resources
Use APICS career packs to understand your career path and next steps, evaluate candidate qualifications, or establish consistency across your organization's hiring.
Free! APICS member
- Individuals seeking to advance in one of the career pack job title areas can evaluate their knowledge and skills, plan their next steps, and identify areas for improvement and growth.
- Hiring managers seeking qualified candidates can identify specific knowledge, skills, and experience required when evaluating prospective employees and building job descriptions.
- Organizations interested in developing their workforce can create consistency and establish required competencies for individuals in each of the career pack job title areas.
APICS career packs:
For each job title, APICS career packs compile essential information to help you understand the job role, including
- career path information
- core competencies required of qualified candidates
- job descriptions and keywords
- how to use job titles and descriptions.
Download the APICS members-only report 2011 S&OP Practices and Challenges and purchase the APICS Folio: How to Be an S&OP Champion
Predicting the future generally is thought impossible; yet, S&OP users seek to do just that by strategically directing businesses to achieve competitive advantage, and—more and more—are expected to do so to enable their employers' bottom line profitability.
Supply chain professionals: Take the APICS CSCP Learning System Free Demo today
By earning the APICS Certified Supply Chain Professional (CSCP) designation, you will demonstrate significant commitment to your profession and your career, distinguish yourself as an industry expert, and excel with your newly acquired specialized knowledge.
APICS CPIM exam study options
APICS offers a variety of study options to help candidates prepare for the APICS Certified in Production and Inventory Management (CPIM) exams and enables them to choose the option that matches their preferred learning method.
For students who learn best in a classroom-based environment, there are instructor-led courses.
Online certification review courses
Online courses are ideal for professionals who enjoy taking a structured class, but need more flexibility.
Other APICS self-study options
APICS offers a wide variety of tools for candidates interested in studying on their own, including the
- APICS CPIM Exam Content Manual
- APICS CPIM practice questions
- APICS CPIM study notes.