MANUFACTURING TECHNOLOGY,INDUSTRIAL 4.0
Embraer | July 01, 2022
Embraer has signed a contract with Toyota do Brasil to incorporate Toyota Production System (TPS) principles and concepts into its manufacturing operations. The initiative aims to reduce waste, improve operational efficiency, and generate more value for stakeholders.
During the first phase of this collaboration, a team of Toyota Brazil TPS specialists will immerse themselves in Embraer's daily operations to evaluate and suggest improvements for the company's main manufacturing area at the Ozires Silva Unit in So José dos Campos, So Paulo.
"Bringing Toyota to execute this work reinforces Embraer's commitment to focus on business excellence and sustainable growth, It will be an excellent opportunity to exchange knowledge and accelerate the usage of the Lean philosophy in the production systems, while strengthening practices already conducted by the Embraer Enterprise Excellence Program, the P3E."
-Francisco Gomes Neto, CEO of Embraer
Embraer has used the Lean philosophy as a business strategy to spread P3E principles, concepts, and practices since 2007. This program is in charge of leading transformations in an integrated manner, paving the way for the entire company to take significant steps toward improving its processes. This excellence system prioritizes safety first, quality always, and on-time delivery at the lowest possible cost.
Embraer, a reference in the concept of Industry 4.0, has made enormous progress at the forefront of manufacturing technologies with digital, integrated, and low environmental impact factories, with continuous process improvement and technology adaptation for people and operations. The company's goal is to become carbon neutral by 2022 and to have 100 percent of energy in Brazilian operations come from renewable sources by 2024.
JBT Corporation | July 04, 2022
JBT Corporation (NYSE: JBT), a global technology solutions provider to high-value segments of the food and beverage industry, announced today it has acquired Alco-food-machines GmbH & Co. KG (Alco), a leading provider of further food processing solutions and production lines.
"Alco has been a family business for generations and over time has built an excellent reputation in the market for providing leading further processing technology solutions with strong ties in the DACH region, Alco represents the ideal fit for JBT where our family of brands approach and our broad food and beverage platform offers a compelling succession opportunity for companies with leading technology and food domain expertise."
-Brian Deck, President and Chief Executive Officer JBT Corporation.
The acquisition of Alco complements and expands our product offering in further processing, in particular, expanding our offering in convenience meal lines as well as alternative and plant-based protein technology, said Bob Petrie, EVP and President, Protein. Bringing our companies and technologies together supports our vision to be the preferred solutions partner for our customers, backed by unparalleled application expertise and best-in-class local service support. Alco also further strengthens our presence and capabilities in the important German market, added Petrie.
Alco was founded in Bad Iburg, Germany in 1977 based on the idea from Heinz and Gertrud Algra to make the best machines in the industry, which today, produce everything from noodle sauces, and pizza to convenience and snack foods. JBT has always been viewed as a leader in food processing, and its approach to preserving the Alco brand and continuing the family legacy of technology and service was of the utmost importance in finding the right partner to acquire the business, said Isabelle Kleine-Ausberg, former shareholder of Alco. "We are excited about the possibilities in the next phase of growth for Alco, added Thomas Kleine-Ausberg, Managing Director.
Alco expects 2022 revenue of approximately $35 million with EBITDA margins in the low double digits prior to synergies. The transaction is expected to be slightly dilutive to 2022 GAAP earnings per share but approximately two cents accretive on an adjusted basis, which excludes transaction-related costs and purchase price accounting. The purchase price was undisclosed.
JBT Corporation (NYSE: JBT) is a leading global technology solutions provider to high-value segments of the food & beverage industry with focus on proteins, liquid foods and automated system solutions. JBT designs, produces and services sophisticated products and systems for multi-national and regional customers through its FoodTech segment. JBT also sells critical equipment and services to domestic and international air transportation customers through its AeroTech segment. JBT Corporation employs approximately 6,800 people worldwide and operates sales, service, manufacturing and sourcing operations in more than 25 countries.
PROCUREMENT & SUPPLY CHAIN
Logility | July 04, 2022
On June 29, the EY organization announced a partnership between Logility, Inc., a supply chain and retail planning solutions supplier and Ernst & Young LLP (EY US) to assist organizations in implementing insights-driven supply chain management to boost their business outcomes.
The rapidly changing business environment has had a significant impact on supply chains. Organizations today face a variety of business challenges as a result of legacy supply chain systems. These range from a lack of visibility across the value chain to operational inefficiencies and delays, as well as hiccups in marketing, sales, and distribution.
The EY-Logility Alliance combines Logility's supply chain planning solutions with EY US's extensive experience in process management, program governance, change management, and delivery framework to help address these issues. Organizations will be able to improve their supply chain management as a result of this alliance, resulting in better business outcomes such as increased visibility of their supply chains, better demand forecasting, cost and process optimization, sales management, faster response to market dynamics, and improved strategic decision-making.
Logility has over 45 years of experience in supply chain and optimization services, with hundreds of successful implementations. Their Logility® Digital Supply Chain Platform uses AI, machine learning, and automation to provide clients with valuable business insights. Meanwhile, EY US has extensive experience in technology implementation and system integration, as well as tenured cross-functional supply chain leadership. They work together to create and support digital, sustainable supply chains.
"Organizations around the world are undergoing a digital revolution, leveraging the strength of technology to reimagine and optimize their operations. The EY-Logility Alliance is positioned to help customers reinvent their supply chains. The alliance brings customers a network of technology, harnessing AI, machine learning and automation with implementation support to help realize sustainable outcomes while going digital."
-Srini Muthusrinivasan, Supply Chain Technology Consulting Leader, Ernst & Young LLP.
Allan Dow, President of Logility, says:
We are very excited about this alliance. EY US shares our vision and our deep commitment to customer success. Our industry-leading digital supply chain platform, together with EY US capabilities, will help organizations drive innovation, increase competitiveness and solve business problems. In this way, the alliance will help companies succeed.