LIVE AT SEMA: Schrader Helps Reduce TPMS Inventory Costs
At the 2009 SEMA Show, Schrader International introduced the EZ-Sensor Programmable Tire Pressure Monitoring Sensor. Schrader said the new product is “a first-of-its-kind aftermarket sensor that will allow tire dealers and service centers to dramatically reduce the number of TPMS sensor SKUs they need to stock.” Designed to replace malfunctioning or defective TPMS sensors, EZ-Sensors
Cut Health Insurance Costs
While independent tiredealers have little control over the rising costs of health insurance for theiremployees, they may be able to offset all or part of the increases by adjustingtheir overall benefits packages – without diminishing the benefits they offeror significantly increasing plan administration costs. Here are five ways to do it: 1) Enable employees to
Michelin Posts Loss on Sales Slump, Restructuring Costs
(Bloomberg) Groupe Michelin reported a loss in the first half on a slump in sales to vehicle manufacturers and trucking companies hit by the global recession.
Calculate Costs with Conti
Continental has claimed a world first with the release of its truck tyre division’s “ContiCostCalculator,” software that enables customers to directly compare the purchase and operating costs of commercial vehicle tyres amongst all main tyre brands.
Downturn and Rising Raw Material Costs Lead to Alcoa Loss
Alcoa has reported a 27% sequential drop in revenue, resulting in a loss of US$480 million for the first quarter of 2009.
e-Learning: Reduce Training Costs, Increase Productivity
If you’re like most companies that have installed business management software, one big concern in making your decision was training. This training had to include not just your key personnel, but the folks on the front line as well. Everyone who touched the system needed to be taught at least the basics, with the hope
Michelin Slashes Costs
(Forbes) The auto sector’s troubles are deflating profits at Groupe Michelin, but the company is holding out hope that demand for its tires will pick up in the second half of the year as it slashes costs.
Costs, Prices Continue to Rise for Apollo
Onkar Kanwar, the managing director and chairman of India’s Apollo Tyres, has stated to news sources that the company expects to make another price increase in Q3 of the company’s current financial year (April 1, 2008 – March 31, 2009), based on the continuing rise of costs.
Brisa Bridgestone Looks to Egypt to Reduce Labour Costs
Bridgestone affiliate company Brisa Bridgestone Sabanci Lastik Sanayi & Ticaret AS, which manufactures tyres in Turkey, may construct a new plant in Egypt to avoid high Turkish labour costs.
Demand, Costs Push Cooper Profits Down
Despite seeing an increase in sales for the first half, Cooper Tire & Rubber Co. posted a net loss of $20.5 million for the period.