No matter what you call them—RFQs, RFPs, online auctions, reverse auctions or bids—they all spell bad news for the adhesives and sealants industry. These exercises will ultimately do irreparable harm to the industry as a whole.
From the first recorded use of industrial adhesives during the time of the pharaohs in Egypt until today, our industry has had two consistent driving forces: the changing needs of the industries we serve, and the innovation necessary to meet those needs.
In the rapidly evolving field of B2B Internet marketing, I have worked with dozens of small- and medium-sized manufacturers and distributors on their strategies for being “found” online by the right people: buyers, engineers and users of their products.
Ford Motor Co. recently announced plans to invest $500 million to upgrade its Lima, Ohio, engine plant and add 300 new jobs to support production of the all-new 2.7-liter EcoBoost® specifically engineered for the next-generation 2015 Ford F-150.