News You Can Use: 3/1/2017

  • Rough Day at Work? Exercise and Sleep Are the Best Ways to Shake It Off.

    They found that participants who took a daily average of 10,900 steps were less likely to take out their frustrations on their loved ones than those who took an average of less than 7,000 steps a day.

    The study also found that burning about 587 calories can translate to shaking off a tough day and stop an individual from bringing work issues home with them. The authors recommended activities such as walking and swimming.

    https://www.entrepreneur.com/article/289127

  • The Millennial CPO: How Will the New Generation Transform the Supply Chain Profession?

    “I envision the field to become more and more tech-centric,” says Jennifer Wolff, senior manager of material planning at Masco Cabinetry. “I continue to be disappointed by the systems that exist for our field.” It is safe to say that technology has embedded itself into the average millennial’s personal and work life. According to Nielsen, more than 85% of Americans between the ages of 18 and 34 own a smartphone, and a quarter of them ranked “technology use” as the defining characteristic of their generation.

    http://spendmatters.com/2017/02/15/millennial-cpo-will-new-generation-transform-supply-chain-profession/

  • How a Math Algorithm Could Educate the Whole World — for Free
  • 5 Steps to Develop a Supply Chain Risk Assessment Process
    1. Define stakeholder concerns
    2. Identify points of risk
    3. Develop a risk mitigation strategy
    4. Partner with third-party auditors and data collection agencies
    5. Simulate outcomes

    http://www.satprnews.com/2017/02/14/5-steps-to-develop-a-supply-chain-risk-assessment-process/

  • Oracle launches four apps for supply chain automation

    Nainani said Oracle’s supply chain and transport customers have “found it hard to adopt our IoT cloud components because they were uncertain how much investment was needed up front and how it would pay off for them.” In response, Oracle designed the new suite of tools to produce quick results in applications that clients are already using, Nainani said. The applications are in such areas as manufacturing, maintenance, customer service, and transportation management, he said.

    http://www.dcvelocity.com/articles/20170214-oracle-launches-four-apps-for-supply-chain-automation/

Photo: Alexander Mils

News You Can Use: 1/11/2017

Photo: Denys Nevozhai

News You Can Use: 9/14/2016

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  • 5 Tips For Sourcing Success When Your Employer Brand Is Poor

    Instead of: providing a generic pitch to candidates of what a great employer you are, what great benefits you have, how much people enjoy working there, when you know you can’t do so with any real enthusiasm,

    You may try to: accentuate the positive aspects by speaking glowingly of the hiring manager and how dedicated he is to mentoring his direct reports. Also, you may try to highlight how much the specific division the job sits in has been outperforming the rest of the company, the unique culture of this particular team, division, and office, and how much this specific position, with this specific hiring manager, in this specific division, in this specific office, presents an exclusive opportunity for the right candidate to advance his career.

    http://www.eremedia.com/sourcecon/5-tips-for-sourcing-success-when-your-employer-brand-is-poor/

  • The jobs we’ll lose to machines — and the ones we won’t
  • To avoid supplier disputes, VW reconsiders procurement strategy

    The Irish Times explained that it is a popular practice within the auto industry to try and steer clear of relying too heavily on a single supplier. This decision, the source noted, is fueled primarily by the dispute that occurred between VW and Prevent – the parent company of the car maker’s two suppliers, Car Trim and ES Automobiluss – when Prevent licensed Car Trim to manufacture parts for luxury brands of vehicles. People familiar with the matter, the source explained, said that Prevent “retaliated by moving some of Car Trim’s financial claims against VW to Automobilguss.”

    http://www.strategicsourceror.com/2016/08/to-avoid-supplier-disputes-vw.html

  • GE buys supply chain software provider ShipXpress

    ShipXpress provides cloud-based software solutions, which allow transportation, industrial, and commodities businesses to effectively operate and collaborate with their supply chain partners.

    The deal is said to expand GE Transportation’s portfolio of solutions into the logistics value chain, helping to deliver information and transaction services for railroad customers across the globe.

    http://supplychain.logistics-business-review.com/news/ge-buys-supply-chain-software-provider-shipxpress-310816-4992923

  • If You Work From Home, Do This Every Day

    The art of not working requires discipline of a different sort than working. You have to discard the entrenched belief that being present at a desk is the same as being productive. And you have to become intimately acquainted with your mental needs. When it’s time to rest, you need to learn to do so without guilt. As a native New Englander raised with the classic Puritan work ethic, I can attest that this is harder to do than it looks.

    https://www.entrepreneur.com/article/280641
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Photo: Ian Schneider

News you can use: 7/15/2015

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Photo: Thomas Hawk, Flickr

  • CEO Pay Has Risen 90 Times Faster Than Average Worker Pay Since The 1970s

    Defenders of outsized executive pay argue CEOs get what they deserve: that their performance justifies the huge outlays. But the paper doesn’t find much evidence for it, at least in the aggregate. Between 1978 and 2014, the stock market rose only about half as much as CEO pay did. And CEO pay has been rising across the board, both at companies that have been doing well and those that haven’t.

    http://www.fastcoexist.com/3048172/ceo-pay-has-risen-90-times-faster-than-average-worker-pay-since-the-1970s?partner=rss

  • Workday is creating a supply chain tool for the healthcare industry

    “Health care providers are dealing with a significant amount of complexity,” said Workday Vice President of Industry Strategy and Alliances John Webb. “New regulations, industry consolidation and a shifting patient relationship are changing the way they manage their organizations. With Workday, health care providers will have the people, financial and supply chain insights they need, all in one system built on a flexible foundation from which they can continually adapt and grow in a dynamic industry.

    http://www.pymnts.com/news/b2b-payments/2015/workday-launches-finance-supply-chain-tool-for-healthcare/

  • 4 Surefire Ways to Grow Your Circle of Influence

    1. Do what you say. Nothing erodes personal credibility faster than a lack of trust. Building trust is fundamental to increasing your circle of influence. If you possess the skill to execute project A and the will to do so ethically, then others’ trust in you will increase. Just be consistent because once you break that trust it’s like taking a piece of paper, wrinkling it up and then trying to flatten it out again — it never actually returns to its original state.

    http://www.entrepreneur.com/article/248220?ctp=BizDev&src=Syndication&msc=Feedly

  • LOGISTICS COSTS ARE UP, BUT SO ARE WAYS TO MANAGE THEM

    But the most prominent reason for rising supply chain management costs, researchers found, was transportation. According to the CSCMP, transportation costs increased by 3.6 percent last year due to larger shipment volumes, the emergence of same-day delivery models and the continuing adoption of eCommerce. These trends are forcing warehouse management strategies to change and have largely led to the adoption of warehouse management Software-as-a-Service solutions.

    http://www.pymnts.com/in-depth/2015/logistics-costs-are-up-but-so-are-ways-to-manage-them/

  • How I Broke Through My Own Mediocrity

    The mediocre entrepreneur doesn’t “Blink” in the Malcolm Gladwell sense. In Gladwell’s book he often talks about people who can form snap correct judgements in two or three seconds. My initial judgement when I meet or even see people is this: I hate you. And then I veer from that to too trusting. Finally, after I bounce back and forth, and through much trial and error, I end up somewhere in the middle. I also tend to drop people I can’t trust very quickly. I think the great entrepreneur can make snap judgements and be very successful with it. But that doesn’t work for most people.

    http://lifehacker.com/how-i-broke-through-my-own-mediocrity-1716887232

  • Small Cloud Providers Serve Supply Chain Management Market

    The SCM market is highly fragmented. The top 10 vendors have about 55% of the market, with the remainder split among 57 vendors. These 57 experienced average annual revenue growth of 9.6%, indicating strong demand for specialized offerings that are competitive with, and sometimes complementary to, the larger providers’ products.

    http://www.ebnonline.com/author.asp?section_id=1084&doc_id=278076