Target's efforts to boost digital sales paid off with a 42% increase in the first quarter, fueled by in-store order fulfillment and Shipt same-day delivery. The retailer expects its digital sales to grow from $5 billion in 2018 to $6 billion this year.
During Amazon's shareholder meeting Wednesday, some of its shareholders and employees pushed for the company to provide more insight into its carbon footprint and to reduce use of fossil fuels. While Amazon does have some plans to reveal its carbon footprint, the group wants the company to take faster measures to protect the planet.
Breaking a bad habit is easier if we identify something in life that is more valuable, such as giving up smoking because we love someone affected by it, writes Susan Fowler. "You can come out of the dark ages and choose to be motivated at a higher level by proactively creating the three nutriments for optimal (and sustainable) motivation: choice, connection and competence," she writes.
GE Aviation Digital and Microsoft Azure are developing a parts tracking system using blockchain. "Our vision is being able to trace parts as they are manufactured and the engine when it's shipped. Then how that engine performs in the field, when to repair it and then re-enter it into the field," said GE Aviation Digital's David Havera.
Advance Auto Parts increased net sales and net income during its fiscal first quarter ended April 20. Same-store sales were up 2.7% from the year-ago period.
Today's distribution customers want self-service options that allow them to research and buy directly instead of relying on account manager-style sales, writes John Gunderson. Distributors should also focus on value-added services that can provide differentiation.
Automation and 3D printing have freed Ashley Furniture from some of its reliance on a variable labor market. 3D printing is especially helpful in crafting parts in-house and reducing the time needed to set up for shorter product runs.
Schneider Electric moved Chief Information Officer Herve Coureil to a chief digital officer role so that there was a digital unit dedicated to helping every part of the business. "We wanted to win with our ability to take a product, deploy it seamlessly to our customers, operate it efficiently, and provide a secure and great overall experience for our customers and partners," he says.
Recently acquired USG depends on its intellectual property and technology for growth, including overseas, says Philip Petti, USG's chief IP counsel. "[B]alancing the benefits of patent protection against the benefits of trade secret protections is an important part of our work at USG, as is ensuring that our trade secrets are protected," he says.
It's assumed that autonomous vehicles will be safer than those with human drivers, but this doesn't take into account the possibility of their electronics being hacked, writes white-hat hacker David Kennedy. "For instance, both 4G and the upcoming 5G networks provide direct access to the cars, their back-end servers, and ultimately, a substantial amount of data coming out of the car, known as telemetry," he explains.
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