Lean Supply Chain, Federal Policies Amplify Oil Spill Damages, Good News for Manufacturing, Metro Job Growth

The Organization:
IAMC is headquartered in Atlanta at:
6625 The Corners Parkway,
Suite 200,
Norcross, GA 30092
Tel: 770-325-3461
Fax: 770-263-8825
Toll Free: 1-888-299-9848
www.iamc.org

IAMC is managed by Conway Data, Inc. McKinley Conway, Founder. Conway Data, Inc., also publishes Site Selection magazine (www.siteselection.com), the official publication of IAMC.

July 20, 2010 - Vol. 9, No. 21

Hot Springs, Virginia, Professional Forum Updates

Register for the Fall 2010 Professional Forum in Hot Springs, Virginia, entitled
"Real Estate: Are You Ready for the Next Cycle?," which happens October 2 - 6, 2010.
The Homestead in Hot Springs, Va., is the Forum headquarters. For room reservations, call
1-800-838-1766, Ext. 1, and request the "IAMC room block." Or download the reservation form, complete it and fax it to 540-839-7922.
The Professional Forum Early-bird registration discount expires Sept. 2. Register now and save.

Lean Supply Chain - What It Is, How It Relates to CREM
IAMC Active members affect their company's supply chain by influencing the location of facilities and how they are acquired, by lease or ownership. Whether the influence is small or great, these managers should understand how the supply chain functions at their firm so they can work to its best benefit. The current logistics trend is called the lean supply chain. An article in seacoastonline.com says "...great effort is made to speed up the flow of goods and reduce the amount of inventory needed to satisfy customer demand and operate efficiently. Lean supply chains depend on technology to provide visibility and control." But the piece cautions, "Lean supply chains contribute to keeping costs and prices down, but they also present more risk, since there is less slack in the chain. A disruption like the [recent Icelandic] volcano [that stopped European air traffic] or a strike at a component plant can quickly ripple down the chain and stop production or cause stock-outs at the store." For many manufacturers, the supply chain provided their first or second most important competitive advantage. An Industry Week article says, "A recent study that analyzed the link between supply chain and financial performance revealed that virtually all winning business strategies have, at their core, supply chain strategies that provide a competitive advantage." The competitiveness connection of the supply chain to corporate real estate is often large and direct. In "Seven Wastes of the Extended Value Stream," Darren Dolcemascolo writes, "Moving product does not create value; this is amplified when examining the extended value stream. Unnecessary transportation is generally caused by making supplier selection decisions based on single points in a value stream rather than seeking to optimize the entire value stream. Proper selection of supplier/facility location is critical to a lean value stream."

Participate in IAMC's Online Business Networking
Stay "linked in" year-round with fellow IAMC members through IAMC's LinkedIn online business networking group, which is open exclusively to members. Once you join, you can post discussion items for group input and share your knowledge by answering others' questions. If you're not periodically checking IAMC's discussion group, you're missing some great CREM Q&A. A recent post by Ted Uzelac recommends this:

Source: blog.linkedin.com

Logon to LinkedIn and read the new posts by Tim Feemster on supply chain management.

To jump to the LinkedIn logon screen, click here. Once logged on, go to the top of the left-hand column and click on "groups." For more information on LinkedIn or the IAMC Group on LinkedIn, click here.

Find a Real Estate Job; Post an Opening; Post a Resume
Go to the IAMC Career Center to read about dozens of corporate real estate, economic development and real estate service provider jobs. Here's an example: Regional Vice President, Director of Real Estate, for Cato Corporation. The job description says, "This position is regionally responsible for market analyses, site selection, lease negotiations and managing real estate for existing store base. The position interfaces with landlords, developers, other real estate professionals, store operations and senior management."

Short Subjects

Federal Policies Amplify Gulf Oil Spill Damages

"'Federal policy is causing us to lose more jobs than the disaster itself.' With those words, Louisiana Economic Development Secretary Stephen Moret summed up the mood of the Gulf Coast region in the wake of the lingering BP oil spill disaster," writes Ron Starner for the Site Selection Insider.

More Good News for Manufacturing

"The manufacturing recovery continues to trend upward and has rebounded from severely depressed levels in 2009," according to the quarterly Manufacturers Alliance/MAPI Survey on the Business Outlook-June 2010 (ER-702e), The June 2010 composite index rose to a record high 81 percent from 78 percent reported in the March 2010 report.

One-Fourth of Metros Seeing Job Growth

"In May, 95 metro areas were experiencing year-over- year total job growth. The number is up from 68 metros in April and is the latest figure in a slowly increasing trend for the first part of the year (see chart). The May totals represent about 25 percent of all metros, meaning that three-quarters still have fewer or the same number of workers than one year ago," reports Garner Economics in "Job Growth in U.S. Metros."

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