The dogmatic implementation of the Brussels Insurance Mediation Directive (IMD) has resulted in UK business having to comply with legislation that is harming the competitiveness of the UK, says the British International Freight Association (BIFA). The Directive, now implemented in the UK, requires freight intermediaries providing low-cost insurance to UK exporters for their goods moving overseas to register with the Financial Services Authority, and to comply with costly criteria more relevant to mainstream insurance products.The net result has been that the majority of freight intermediaries have not registered, thereby denying access for their customers to cost-effective insurance of cargo in transit.
Mitsubishi Forklift Trucks has created a new company to support and manage the development of its UK dealer network Dedicated exclusively to the Mitsubishi Forklift Trucks brand, it is trading as Mitsubishi Forklift Trucks UK. The move allows a much closer and more effective working relationship between the European headquarters in Almere, in the Netherlands, and the established network of authorised dealers throughout the UK.
Manugistics Group), a leading global provider of synchronised supply chain management solutions, announced the creation of dedicated business units to capitalise on emerging opportunities within the Retail and CG sectors. Each specialised group will have separate sales, pre-sales, industry marketing and client service executives to capitalise on emerging opportunities, focus on the unique challenges these industries face and leverage an industry edge. The new structure is designed in light of the current challenges facing the Retail and Consumer Goods (CG) industries, including challenges predicting the ever-changing needs of consumers while competing for brand loyalty and addressing the complexity and variability in the supply chain created by the move to offshore manufacturing.