July 14, 2009 - Vol. 8, No. 21

Minneapolis-St. Paul Professional Forum Updates


Manufacturing Supply Chain - Rooting out Excess Costs

Poor planning and communication among the component parties of a manufacturing supply chain, explains the A.T. Kearney white paper "Aligning a Misaligned Supply Chain," cause six sources of waste: "Buffer capacity built into the system, changes in schedule cause overtime and suboptimal changeovers, safety stock [of finished goods], excess inventory to keep the [production] lines running (maybe of the wrong product or variant), changes in schedule cause suboptimal changeovers, and lines shut down [when input inventories run out]." Each inefficiency that requires an increase in storage space can affect the corporate real estate department. The authors conclude, "If we define supply-chain costs as those related to all transportation, warehousing, inventory-carrying and manufacturing discrepancies, we can realistically expect a 20 percent reduction in costs." (see figure 2)
Five Areas of Supply Chain Improvement

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.

Source: blog.linkedin.com

If you're not periodically checking IAMC's discussion group, you're missing some great CREM Q&A. For example, Charles Howe of Phoenix Commercial Park asks the group, "What is the primary or first source for information, for site selection professionals? Is it Loopnet, CoStar or something else? And how important is 'pad ready'"? Read responses by Rick Little and Tom Wortham; add your own.

To jump to the LinkedIn logon screen, click here.  Once logged on, go 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
Career BuilderGo 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: Project Manager Real Estate for First Group America. The position description reads, "As the conduit between the First Group America Real Estate Group and external architectural & construction partners, the project manager will coordinate and manage the design, planning, construction, alteration and repair of the company's buildings and facilities in accordance with corporate real estate strategy."


Short Subjects

Mike Hickey: 1950 - 2009

  • IAMC member Mike Hickey of Hickey & Associates passed away on July 5, 2009. If you'd like to read the newspaper notice of his passing and sign his guest book, click here.

Want Alternative Energy Jobs in your Region? Get Out your Checkbook

Solar Panels
Solar panels for electricity generation
  • The Site Selection Energy Report article"Solar Energy and the Disproportionate Importance of Incentives" says, "... these are extraordinary times, and as illogical as it seems, incentives are taking center stage, if only selectively and in a narrow time window, in shaping the economic landscape [for attracting energy jobs]. This article explores the unique position of solar in today's incentives landscape and sheds light on what companies give up when they let incentives dictate location decisions...."

Sale-leasebacks Difficult to Finance

  • The article "Liquid Bricks" by Karen M. Kroll explains what prevents most large sale-leaseback transactions from closing. Kroll quotes Gerald Levin of Mesirow Financial as saying "Behind the disconnect is the difficulty that potential buyers have in finding lenders willing to support deals of about $50 million or more. 'Big deals,' he explains, 'are very hard to do because no one source of financing is comfortable committing more than about $30 million.'"

Click here to write your questions, suggestions and comments.