Supply Chain
Top stories summarized by our editors
3/22/2019

The Missouri River's flooding along South Dakota, Missouri, Nebraska and Iowa is leading to significant infrastructure bottlenecks and creating delays across supply chains. With limited rerouting options, BNSF and Union Pacific are dealing with service interruptions.

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Supply Chain Dive
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BNSF, National Guard, Union Pacific
3/22/2019

Thermo Fisher Scientific will spend $150 million to expand its pharmaceutical services assets at one site in Greenville, N.C., and two locations in Italy. "These investments will help expand our global sterile manufacturing network and meet the increasing demand from customers that rely on our biologics development and manufacturing expertise," says executive Michel Lagarde.

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BioPharma Dive
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Thermo Fisher Scientific
3/22/2019

AAR posted a 16% year-over-year increase in sales in its fiscal third quarter, although the company posted a loss.

3/22/2019

Profit growth is essential for business success and should be a continuous focus for leaders, writes Ian Heller. "Profit growth is the true measure of business leadership," he writes.

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Ian Heller
3/22/2019

Antitrust actions against platforms must be nuanced and should consider whether producers are being unfairly harmed by a platform, writes Nicholas Johnson. "Much like there are rules in place to protect traditional consumers, there should be rules that govern how platforms must transact and compete with this new, second type of customers: their producer (e.g. Amazon's vendors, Uber's drivers, Airbnb's homeowners, YouTube's content creators, etc.)," he argues.

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Nicholas Johnson, Amazon, YouTube, Airbnb
3/22/2019

Security company Rapid7 reports that many devices being resold in secondhand shops still contain data from the previous owners. Rapid7 researcher Josh Frantz advises to personally wipe electronic devices before reselling or recycling them.

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Dark Reading, Fortune
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Rapid7
3/22/2019

No-code apps are giving engineers the ability to develop custom process solutions, test them and adjust without writing code, writes Erik Mirandette of Tulip Interfaces. "This approach empowers the sort of decentralized, but connected, problem-solving that drives complex adaptive systems to a more efficient state," he writes.

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World Economic Forum
3/22/2019

Crafts Tech wanted to shift from a focus on products to innovation, and one part of doing so was shifting to an employee stock ownership plan. "If you want to turn up the gas, get it all going, you have to get their intellect, give them equity, and give them ownership," says CEO Jeff Taylor.

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Forbes
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ESOP
3/22/2019

Norsk Hydro's response this week to a cyberattack shows a high level of internal planning, says Rapid7's Bob Rudis, praising the company for having backups, shifting to manual operations and quickly offering status updates after an attack that began Monday. "Sharing and engaging the public can help prevent activity like this from having a similar large-scale impact in the future," Gigamon executive Justin Warner says.

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Norsk Hydro, Rapid7, Gigamon
3/22/2019

Applied Technical Services in Everett, Wash., was able to increase production despite shortages of circuit board components by using lean principles, says CEO George Hamilton. ATS business, production and development teams work together to develop new and improved products.

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IndustryWeek
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George Hamilton