Auxiliary Materials and Raw Materials
There are two types of materials that are used in a production process, raw materials and auxiliary materials.
Although both are necessary for the production process, they have different costs and impact on the selling price of products. Knowing the difference between them is essential to making accurate financial records and inventory recording.
AK Steel International
AK Steel International is one of the largest producers of flat-rolled carbon, stainless and electrical steels in North America. It manufactures its flat-rolled carbon and stainless steel products primarily in the automotive, infrastructure and manufacturing markets. It also operates blast furnaces and electric arc furnaces. During the fiscal year ended March 31, 2020, it had eight steelmaking and finishing plants in the United States and two coke plants.
The company is headquartered in West Chester Township, Butler County, Ohio. Its principal business is the production of iron ore pellets and flat-rolled carbon, stainless, electrical, plate, tin and long steel products. The company also produces metallurgical coal and tubular products.
After relocating its corporate headquarters from Pittsburgh, Pennsylvania, to Middletown, Ohio in 1993, the company began to experience challenges with its financial health. The company had to pay off a large amount of debt that had been incurred in the late 1980s, which led to its loss of market share.
However, a series of positive developments occurred that helped to turn the company’s fortunes around. In 1995, AK Steel was taken public and received $654 million from the sale of common shares and preferred stocks. The company then used the cash to pay off its debts.
In a bid to increase its innovation objectives, AK Steel entered into several partnerships with other companies and organizations. It also received a research award from the US Department of Energy to help develop more efficient electrical steel.
As a result, the company has been able to expand its production capabilities and reduce its costs. In addition, AK Steel has been able to improve its safety practices and increase productivity.
Despite these improvements, AK Steel still Auxiliary Materials faces a number of challenges in the future. The main challenge is overcapacity.
Despite these challenges, AK Steel has a dedicated team of employees who are committed to working together and finding solutions for the problems that the company faces. The team has a strong focus on innovation, safety, service and quality. In addition, AK Steel has an aggressive growth strategy that will allow the company to achieve success in the future.
Northern Composites
Northern Composites, headquartered in Hampton, NH, has been a player in the composites space since 1965. It distributes component resins, release agents, structural materials and adhesives for Mitsubishi Chemical Carbon Fiber and Composites, Henkel, Precision Fabrics Group, BGF Industries and ITW Plexus/Devcon among others.
The company has a well-honed sales team that provides local service through its six North American distribution centers and an extensive international footprint. The company carries a bevy of innovative products including vacuum bagging technologies, adhesives and sealants.
Aside from a plethora of products, the company boasts 18 global facilities and 60+ outside technical sales representatives that provide expert product recommendations and application solutions. As a testament to their commitment to customer service, they have received a multitude of industry awards, most recently being named the recipient of a 2015 CW Supply Chain Innovation Award.
Earlier this year, Krayden acquired Northern Composites (see “Krayden acquires Northern Composites”) and made it the lynchpin of its composites division. The deal enables the Denver-based distributor to expand its presence in the composites industry and enhances its brand recognition. Combined with the new capabilities, Krayden will now have a full complement of top of the line composites and related products. This will allow the company to take a more comprehensive approach to supporting its customers and deliver the best possible solutions for their specific needs. Its nifty-looking web site will also be updated to reflect the changes. Its most prominent feature will be the Krayden Composites website, a composites-specific hub of information for its customers and prospective customers alike.
Technical Library
The Technical Library provides information on a wide variety of subjects, including engineering. In addition to a broad range of books, the library also has access to journals and other publications. This allows the library to keep up with current developments in the field and provide a high level of service to patrons.
As a technical librarian, you are responsible for managing all aspects of the Technical Library, including acquiring materials, cataloging them and maintaining the collection. Your work is a mix of clerical tasks and patron interaction, and you may need to work closely with other departmental staff to help with specific issues.
This position is a part-time, non-exempt position, up to 25 hours per week. You will work directly with the Head of Technical Services and the professional librarian.
Performs a range of responsibilities to support the acquisition of Library books, supplies and other auxiliary materials; processes requisitions for material; receives oral or written instructions from Head of Technical Services or professional librarian. Plans work and follows established procedures to ensure accuracy and speed in the processing of requisitions. Uses computer terminal to enter requisitions, acquire, process and return items as required.
Maintains acquisition control for Library books and other auxiliary materials; verifies, calculates, posts and updates items in a database; records account code, vendor designation, price and discounts if applicable. Maintains records for the steps in the processing of requisitions; receives and responds to questions and requests from library staff, vendors and patrons, and refers inquiries to a supervisor as needed.
Obtains library books, supplies and other materials, both hardcopy and electronic, from vendors. Using a computer system or hand-written order, orders books and other items in accordance with purchase guidelines. Checks condition, completeness and cost of books and other materials; makes minor repairs to library books as needed.
Reviews professional publications and journals in order to select the best available source of information for library patrons. Most professional societies publish lists of publications in their fields, and many leading journals contain reviews by experts and advertisements for important new works.
About Us
Auxiliary Materials is a term used to describe the small stuff that helps make your production run smoothly. It is a term that many businesses use to refer to the smaller components of their production, from adhesives and tooling to consumables like solvents, paints and tapes.
Auxiliary materials are also a great way for businesses to increase their efficiency and save money in the long run. In fact, they are an integral part of the manufacturing process and are an important component to any company’s success in today’s competitive market.
The best part is that these products aren’t just available in big box retailers and the internet, they are readily available from a variety of vendors in your local area. This is a good thing for business owners as it allows them to be more efficient and Auxiliary Materials provide better customer service while at the same time saving on overhead.
What’s more, auxiliary materials are a great way for manufacturers to save money while still getting the quality product they deserve! This is because they can be sourced at a fraction of the cost and are often made right in your own backyard.
For example, AK Steel International is proud to have partnered with Northern Composites to source premium auxiliary products for their customers in the composites, metal bonding and tooling industries. As the official European distributor for Northern Composites, AK Steel International can supply you with the best auxiliary products on the market to help you achieve your manufacturing goals.
