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Global Supply Chain Management: Page 356
States Reach a $650M Settlement Over Exploding Takata Air Bags
Virginia, Maryland and the District last week were among dozens of states to to reach a $650m settlement with the U.S subsidiary of a Japanese company that manufactured faulty air bags installed in millions of automobiles worldwide, bags that sprayed deadly shrapnel that killed at least 22 people and injured hundreds more.
'People Have Gone Chicken Crazy': What the KFC Crisis Means for the Brand
At lunchtime on Friday, George Cheah, or George Junior as he is known, doesn’t really have the time to talk. "Honestly we are so busy, it’s gone absolutely mad. People have gone chicken crazy," he says over the phone, while people shout orders in the background.
Five Steps to Mentoring Millennials
The top challenge for Millennials is an unclear career path for upward mobility. Helping Millennials grow in their career is vital for the continued success of the firm and the individual. It fosters communication and learning opportunities for both the mentor and the mentee. -Joe Tillman, Founder TSquared Logistics LLC
'Sooner, Faster, Now': The Companies Surfing the E-Commerce Wave
Amazon’s assault on the retail industry has brought misery to traditional retailers without a strong web presence.
Daimler Throws Shade at Tesla E-Trucks Plan as Rivalry Heats Up
Daimler AG cast doubt on Tesla Inc.’s plan to deliver electric heavy trucks next year, saying its more modest goal to start selling battery-powered big rigs by 2021 is more realistic.
Labor Forecast: Tough Recruiting with a Chance of Automation
An increasing number of companies are struggling to find quality people to fill positions in their warehouse operations. This issue is not limited to a particular region of the country or industries, but is widespread throughout the supply chain world. Forward-thinking leaders are making changes in both how they recruit employees and how they process orders to minimize the necessary headcount. -Greg Kreis, Principal, Tompkins International
Millennials in the Supply Chain
Millennials have come of age during a time of economic uncertainty. The incoming generation of supply chain professionals is ambitious rather than entitled and willing to improve themselves to reach their goals. The SCM discipline offers an alluring crossroads of appealing compensation, long-term stability, and meaningful impact on fundamental processes—at a point in time perfect for improvements from emerging technologies. -Ryan Sullivan, Research Analyst, APQC
In Cutting Time to Market, Toy Companies Try On Fast-Fashion’s Approach
Toy companies are mimicking the moves of fast-fashion retailers as they scramble to produce toys and games tied to the swift rise and fall of trends driven by social media.
Why A.I. Researchers at Google Got Desks Next to the Boss
If you want to understand the priorities of a technology company, first look at the seating chart.
How Education Is Failing the Gig Economy
Education is falling short at all levels in preparing students for a life in the gig economy.
Recruiting and Retaining Workers in a Tight Labor Market
One of the disruptive impacts of the rise of e-commerce is a shortage of labor to fill a growing number of warehouse positions needed to keep up with increasing e-commerce volume and customer expectations. Distribution hub markets are oversaturated with new DCs and that's driving greater competition for labor. This, at a time when both the working population and unemployment statistics are trending downward. The challenges were never more evident than through the most recent peak season. -George Swartz, Group Vice President, Fortna Inc.
Wanted! Supply Chain Planners
By 2030, the supply chain market labor market is estimated to experience a 20 percent shortage of trained employees. The skill gap is at the intersection of new process evolution based on emerging analytics, the evolution of blockchain, and the use of streaming data for the building of outside-in processes. While most companies have established programs for new hires and high-performance employees, the training of supply chain employees on next-generation processes is a gap. -Lora Cecere, Founder, Supply Chain Insights
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