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General SCM: Page 986
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
Unilever Discloses Complete Palm Oil Supply Chain
Unilever hopes to start an "industry-wide movement" by publicly disclosing the suppliers and mills where it sources palm oil.
Commodities Shipper Seeks $150M to Start Digital Coin
The shipping agency that struck the first freight deal settled in Bitcoin is now seeking $150m to launch its own cryptocurrency.
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.
Fearing Tourist Drought, Cape Town Charts a New Relationship With Water
When Markus Rohner flew into Cape Town’s airport this month, he found an unexpected line at the men’s washroom.
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.
Hundreds of KFCs Remain Closed Because of Chicken Shortage
The fast food chain KFC has been forced to temporarily close most of its U.K. outlets after problems with a new delivery contract led to a chicken shortage.
Availability, Cost of Labor Drive New Ways of Thinking about DC Strategy
The availability of labor (or lack thereof) is requiring us to think differently about network strategy and site selection. Distribution network strategy is no longer just about optimizing traditional costs (transportation, operating expense, fixed costs and capital). Today, when evaluating different network strategies, total supply chain cost, including availability, cost and quality of labor, real estate occupancy costs, inventory working capital and possible economic incentives must be considered alongside service level improvements that drive revenue growth. -Chirag Modi, Director, Global Strategy, Fortna Inc., and Tray Anderson, Vice President, Strategy, Fortna Inc.
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
Dog Food Brands Recalled Over Concerns About Euthanasia Drug
J.M. Smucker Co. is recalling several shipments of dog food after an independent investigation found traces of pentobarbital, a euthanasia drug, in samples from a range of popular brands.
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