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Think Tank
Business Strategy Alignment: Page 226
Toyota Readies Cheaper Electric Motor by Halving Rare Earth Use
Toyota Motor Corp. is readying electric motors that include as much as 50 percent less in rare earths amid concern of a supply crunch as automakers race to expand their electric-vehicle lineups.
For This Start-Up, the Secret to Selling Wine Online Is Making It Yourself
In 2012, a Los Angeles start-up named Club W set out to help millennials find and buy decent wine on the internet. With bottles from a few boutique vintners, a slick web platform and a simple recommendation algorithm, the company had a propitious plan.
As Amazon Competition Heats Up, D.C. Mayor Heads West to Talk Tech
Stretched for talent, big tech firms are looking outside of Silicon Valley to expand, and increasingly one of the beneficiaries has been the D.C. area.
Funding the Response to Disruption in the Industry
Historic disruption is happening across the food and beverage industries. Changes in consumer preferences and rapid consolidation have created a challenging business environment for many companies. Response to these pressures can't happen fast enough, especially for companies that have historically dominated the market. Shrinking margins and revenue declines mean there is less cash on hand to invest in innovation – and that's driving companies to find new ways to improve cash flow. -Tom Roberts, SVP Global Marketing, PrimeRevenue
Dealing With Intel’s Massive Security Flaw
The huge security flaw discovered in chips made by Intel Corp., AMD and ARM is threatening nearly all computers, servers, TVs, phones and other mobile devices.
Let’s Make a Deal: The Essentials of Successful Negotiating
Just how do you make a deal, anyway?
Survey Says: It’s Not Your Dad’s Supply Chain Anymore
Companies adopting an intelligent operations strategy to manage their supply chains will be in the best position to succeed in the future — if they have the right talent.
Collaboration 4.0: The Digital Revolution
As companies digitize and integrate their enterprise and implement advanced analytics, they are learning that collaboration is the key to market leadership. Collaborative channel relationships are transforming the buyer-seller relationship from transactional to strategic. Working together to integrate and share process information, partners experience performance improvement by focusing on the least landed cost at every point in the channel versus leveraging price. Regulatory compliance for track, trace and authentication can only be realized through digitization. -Rich Sherman, Senior Fellow, Supply Chain Centre of Excellence, Tata Consultancy Services
Why Red Bull Changed Its Travel Buying Strategy
Travel buyers should start talking to their travel management companies (TMCs) now about how changes to flight booking technologies could impact them, Red Bull’s head of procurement has said.
Avoid Strategic Drift in Your 3PL Relationship with a Sound Governance Structure
Even the seemingly most aligned and value-enhancing 3PL relationships can falter badly if the parties fail to “keep up” with each other over the course of their agreement. I call this problem “strategic drift.” It’s a question of good governance, which includes regular communication and meeting cadences throughout the involved organizations. -Kate Vitasek, faculty member, University of Tennessee Haslam College of Business Administration; author of six books on the Vested business model
China Wants to Enter the U.S. Car Market, but a Rough Road Lies Ahead
Germany was first. It shipped the Volkswagen Beetle to the United States in 1949. It got off to a slow start only to be embraced by an enthusiastic American public.
Why UPS Is Buying 14 More 747s
The rise of express deliveries and the recent U.S. tax reform have led UPS to order another 14 Boeing 747-8 cargo jets, the logistics firm has announced.
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