... Considering the retention problems with Gen Y, it may be wise to limit investment in training and IP to clearly demarcated chunks of work with ROI that pays along the way rather than years into a career. People are your most important resource, but increasingly this means harnessing their flexibility rather ...
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... learn to model the fully connected network of dependencies in our supply chains. Also fading are exploitative labor and environmental practices that pay in the short term but cost long term. It all starts with respect. ...
... of this strategy was not just harnessing the power of happy customers but realising precisely where a maniacal focus on continuous improvement would pay off most handsomely. For Amazon, this was in fulfilment. Amazon has clearly been working smarter than everyone else. But it is also working harder, attacking ...
... For supply chain leaders smart enough to resist temptations to out-manoeuvre their trading partners or even just overplay a negotiating position, the pay-off is trust. In terms of supply chain performance this means faster improvements on operating metrics across the board. Trust is the key to a steeper ...
... through an artificial intelligence algorithm similar to Google’s search engine, to stay ahead of problems. Rather than periodically assessing risk and paying for protection with working capital, BorgWarner constantly listens for tremors and responds before the problem gets out of hand. An even more forward-looking ...
... a wide range of shipping options make sense as a way to manage complexity in consumer demand. A few extra miles in transit could be a small price to pay for the market agility such an approach offers. Volatility reality This story is really only about oil. The World Bank’s Commodity Price Index data for ...
... infrastructure. FedEx built Memphis, UPS built Louisville and Delta built Atlanta as mega-hubs while the Federal government sat largely idle. It’s not ok. Paying For It The stall is a matter of dogma drowning out vision. Fiscal hawks won’t budge on deficits and many in Congress would rather have tax cuts than ...
... bargaining positioning is not as strong as he thinks. Trump on immigration “Building a wall” certainly sounds belligerent, and trying to force Mexico to pay for it is unlikely to work. NAFTA started a move to Mexico long ago, and as with China, turning back the clock on US manufacturing just won’t happen. ...
... thinking is divisive and unfair. I argue that different prices for the same thing at different times, or even different prices for people who can afford to pay more is just common sense. We all understand that hotel rooms, tickets to sporting events and other routinely negotiated prices vary. I believe we’ll ...