Too many leadership-development strategies hinge on putting people through challenges and expecting the leaders to naturally emerge, writes Dan McCarthy. That's less effective than actually nurturing and training people to lead. "The 'sink or swim' approach to leadership development rewards and promotes people who are the most adaptable, not necessarily the smartest, most talented, and possibly, the very best leaders," McCarthy writes.
It's a relief, both physically and mentally, to leave a high-profile corporate job, says former IBM CEO Sam Palmisano. Still, it can be hard to fully let go. "When you're no longer the boss, then get out of there. Don't comment from the cheap seats," Palmisano advises.
Supply chain execution convergence can bring together different parts of the business when implemented successfully, Evan Puzey writes. Companies want to achieve not only internal cohesion and visibility but also the more difficult goal of visibility across the extended supply chain.
Inventory managers need effective planning systems that offer, among other things, centralized data, built-in reporting systems and a dashboard that provides a visual take on the day's metrics using live data, Andrew Dunbar writes.
Tech Data has launched a retail division for the U.K. market with a focus on wearable tech and home automation. "In terms of our overall strategy, it’s not about becoming the biggest distributor in the U.K. for retail. It's about becoming the first choice distributor," said Adam Gay of Tech Data.
The Port of Oakland, Calif., plans to open an off-site container facility to serve Central Valley produce exporters. "Central Valley growers are a major part of the Port of Oakland’s business. We're doing this to make their supply chain more efficient," said spokesman Mike Zampa.
To compete with Amazon Supply and other major e-commerce companies, distributors must limit warehouse mistakes and maximize their efficiency, Dick Friedman writes. Basic employee needs such as proper heating and cooling must be met, and locations should be properly labeled with unique IDs. Orders should be consolidated to ensure customers receive the right orders in the shortest amount of time, Friedman writes.
An increase in the gas tax to pay for infrastructure projects is scheduled to kick in July 1 in Georgia, Idaho, Maryland, Nebraska, Rhode Island and Vermont. The increases range from 0.35 cents to 7 cents per gallon. California, however, is bucking the trend and decreasing its gas tax by 6 cents. The federal gas tax has not been increased since 1993.
Shippers will face higher prices in freight transportation and logistics services as limited truck and warehouse capacity drives up costs, a report from the Council of Supply Chain Management Professionals warns.