Technology and its role in society is an underlying theme in Marvel's "Black Panther" and "Avengers: Infinity War" films, and the movies' emphasis on science and technology could be an opportunity for manufacturers to attract younger people, John Hitch writes.
Companies can maximize their training efforts and grow talent by using a combination of e-learning tools and a development approach based on mentoring and goal-setting, writes Bill Michels of the Chartered Institute of Procurement and Supply Chain. "The learning can be geared to accommodate the industry, company culture, and align to the business strategy," he writes.
To capitalize on the move toward e-commerce, maritime industry companies, including port authorities, terminal operators and ocean carriers, need to change operations. Mario Cordero, the executive director of the Port of Long Beach in California, notes the importance of moving to a 24/7 operation beyond just the loading and unloading of ships to become more efficient.
Your boss, your co-workers and your vendors are three types of relationships you should periodically review to see where you have influence and what you could do to strengthen those bonds.
Key areas need leaders, but the trend seems to be to give C-suite titles to all of those leaders, which creates bureaucracy, writes Russell Fleischer, an investment partner and former CEO. "Plus, the trickle-down effect can make an otherwise logical org chart look more like a bank's, where everyone's a vice president and titles mean little," he writes.
Interstate Batteries will become Advance Auto Parts' battery supplier in July and will offer the retailers' products in Interstate-affiliated sites nationwide. The partnership is expected to increase Interstate's revenue by $1 billion in the first year.
Raising prices is not guaranteed to improve gross margins, because any price increase inherently reduces the number of sales, writes Ian Heller. He calls for a disciplined pricing approach that values dollars over percentages and focuses on strategic goals.
SensorThink, Cisco Systems, Dematic and other suppliers are offering internet of things solutions for distribution centers. "We see the power of IoT as being connected to big data and cloud capabilities because now we can bring together multiple disparate data sources into one place," says Dematic's Scott Wahl.
Effective business-to-business blog content meets the needs of key decision-makers within a company through a strategy that targets customer personas based on title, company size and other factors, writes Samuel Wheeler.
A survey by UPS showed that 75% of US online shoppers shipped returns to back to retailers. The survey of 18,000 global online shoppers revealed that Mexican consumers were least likely to return items.