Humans and artificial intelligence systems will have to work together for increased productivity in the supply chain, write Gary Hanifan and Kris Timmermans. They identified three categories of jobs that will emerge in an AI-based system: trainers, explainers and sustainers.
The Trump administration's foreign tariffs have caused businesses to use new tactics to avoid paying more for foreign goods, such as designating new trade zones and changing design processes to reclassify a product. Some companies, such as Harley-Davidson, have said they may need to move production outside of the US.
The sustainability program at Walmart has faced challenges over the years, primarily that its customers look to the retail giant for its low prices while environmentally friendly products tend to have a higher price tag. Walmart has chosen to focus attention on its suppliers to provide sustainable options, rather than asking consumers to pay more.
Leaders will have more influence when they develop themselves professionally, help others improve and maintain the organization's strategic alignment, says John Baldoni in the blog post and video. "Savvy managers always ensure alignment by making certain people know their roles and how those roles affect overall results," he says.
Leaders have to do a lot of talking, but they need to remember when to stop and listen, writes Peter Tourian, CEO of SYNERGY HomeCare. Otherwise, they'll miss out on valuable insight from customers, employees and other stakeholders about how to improve their business, he writes.
The union that represents UPS and its workers, the International Brotherhood of Teamsters, approved two agreements that include pay raises, 5,000 new jobs and the creation of "hybrid drivers." Rank-and-file Teamsters will vote on the contracts in September.
Chinese recyclers of copper and other materials are diverting US scrap shipments before China's 25% tariff on such imported materials goes into effect Aug. 23. "The impact will be draconian on both US scrap processors and Chinese consumers," said consultant Michael Lion.
Companies are competing to keep costs low and put out products as quickly as possible, but this has led to more labor violations, writes Pierre-Francois Thaler. He proposes that improved visibility and more cooperation between businesses will resolve labor issues.
Party City will start selling its Halloween costumes on Amazon in September, marking the first time the retailer will offer products anywhere but its 900 stores and branded website. Around 50% of online shopping searches start on Amazon, research has found, and other brands such as Best Buy and Nike that consider the e-commerce giant a rival have also started selling there.
H.E. Butt Grocery will close one of its smaller Houston-area locations and convert the space into a fulfillment center for online and pickup orders, the company announced. The 28,000-square-foot location could not offer all that customers want from a modern store and couldn't compete with other local retailers, said President Scott McClelland.
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