Walmart's investments in e-commerce paid off in a 50% jump in online retail sales in the quarter ending Oct. 31, fueling the retailer's biggest quarterly sales increase since 2009, the company said Thursday. Walmart has expanded its e-commerce efforts through acquisitions, and the retailer now offers upwards of 70 million items for sale online and discounts for online shoppers who pick up their purchases.
General Electric will acquire new companies to streamline its supply chain operations in an effort to boost profit margins while reducing costs overall. Though vague in details, the company's investor update indicated a rigorous revamping.
A tight market and limited capacity, compounded by a holiday weekend, kept Niagara Bottling from getting its 127 truckloads of bottled water into Houston in the wake of Hurricane Harvey. Uber Freight, a mobile, app-based marketplace, got the loads booked in hours by small trucking companies and independent drivers.
In smaller companies, leaders with grand visions of the future may not be taken as seriously as they would be at a larger organization, writes Lila MacLellan. This is because the closer leaders are to their employees, the more practical and detailed their messages are expected to be.
Historical lessons, personal and business, can help with decision-making when they're used to advance rather than dwell on the past, writes Jon Mertz. "Leaders with a sense of history think, lead, and aspire forward," Mertz argues.
Starting Jan. 1, Amazon will collect sales tax from marketplace sellers who sell to people in its home state of Washington, per a new state law. It will be the first time Amazon has had to collect sales tax from its merchant sellers, but as states become more aggressive in their efforts to claim online taxes, it could be the start of a trend.
The Environmental Protection Agency has released the draft New Chemicals Decision-Making Framework and corresponding guidance detailing its approach to new chemicals. The framework will use a two-step process that uses benchmarks for risk and begins with considering data submitted by the manufacturer.
Though Amazon has not committed to entering the pharmacy business, drug companies such as Takeda Pharmaceutical view the move as an opportunity to see a more effective distribution system. Takeda CEO Christophe Weber said Amazon's arrival in the space could force other companies to adapt and offer better service.
Unlike in the US, Mexico's public-private collaboration is ensuring that the interests of both the government and private companies are considered while renegotiating the North American Free Trade Agreement. Disagreements with the Trump administration are pushing industries to form groups to oppose White House positions on NAFTA.
"I have learned about leadership and service by being a part of CSCMP. I have benefitted personally and professionally and hope to give that same experience back to all our members," says Mary Long, managing director, University of San Diego.
Join Mary and 8,500 of the top supply chain professionals in the world by becoming a CSCMP member. Visit our website for full membership details and to get registered today, or call Member Services at +1 630.574.0985.
Blockchain Explained With IBM's Shari Diaz
Blockchain has sparked a lot of questions around what it is, how it works, and how it will impact supply chain. Shari Diaz, ecosystem and innovation leader with IBM Watson Supply Chain, spoke at EDGE 2017 presenting on the technologies disrupting supply chain. Now, in this CSCMP Hot Topic, she dives into blockchain and what it means for supply chain practitioners.