What to consider when outsourcing high-level functions | Kraft Heinz CEO on freshening up brands for a healthier era | GM leans on technology to safely improve operations
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August 13, 2018
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Trends & Technology
What to consider when outsourcing high-level functions
Outsourcing higher-level functions can help materials and energy companies optimize their operations, but they have to be careful not to rely too much on suppliers or their proprietary technologies, write Calin Buia, Christiaan Heyning and Fiona Lander of McKinsey. They offer three rules for outsourcing: Use flexible contracts, keep data in-house and work with multiple suppliers to foster healthy competition.
McKinsey (8/2018) 
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Kraft Heinz CEO on freshening up brands for a healthier era
Kraft Heinz CEO on freshening up brands for a healthier era
(Kraft Heinz)
Kraft Heinz has adjusted the recipes for products such as Oscar Mayer hot dogs and Kraft Mac & Cheese to meet the needs of shoppers who increasingly seek healthier options, said CEO Bernardo Hees. "So even with consumers telling me great things about Capri Sun -- you all grew up with good memories about the brand -- you wouldn't choose it anymore," he said.
The Wall Street Journal (tiered subscription model) (8/12) 
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GM leans on technology to safely improve operations
Tomorrow's factories will have to combine multiple disciplines to effectively and affordably integrate new technologies, says General Motors executive Dan Grieshaber. GM is using drones, collaborative robots, wearables and other technologies to improve worker safety, operations and data.
IndustryWeek (8/13) 
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Tips to Keep Your High Performers Happy
Superstar employees are undoubtedly in high demand. So business managers need a clear strategy to recruit and retain high performers and to get rid of toxic workers. Learn more from faculty and experts at the Kellogg School of Management at Northwestern University.
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Supply Chain
Is your company watching its indirect spending?
Many companies struggle to manage indirect spend, whether in terms of inventory or cost, and could benefit from a business-needs analysis, writes MSC Industrial Supply official Darr Greenhalgh.
Material Handling & Logistics online (8/10) 
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Lift trucks are changing
Robotic lift trucks are just one way that supply chain companies are becoming more thoughtful about lift truck purchases, Gary Forger writes. Customization is also becoming commonplace.
Modern Materials Handling magazine online (8/10) 
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Safety
Get to the root of material handling injuries
Managers must take a holistic approach to workplace injuries, and that involves understanding the root cause of the issue before offering a solution, Jonathan Katz writes.
New Equipment Digest (8/9) 
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    Sustainability
    Column: Circular economy offers business potential for chemical firms
    Chemical companies are in position to capitalize on the circular economy if they build the right digital platforms, argues SAP's Stefan Guertzgen. "Realizing these benefits takes a creative strategic vision along with a robust digital technology foundation, one that enables a manufacturer to explore, design, and scale up new products and processes quickly and efficiently," he writes.
    Manufacturing (8/9) 
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    Workforce of Tomorrow
    Students learn about manufacturing at camp
    Middle- and high-school students in Wisconsin are learning about careers in manufacturing during a summer camp hosted by Northeast Wisconsin Technical College. Students participating in the Nuts, Bolt, and Thingamajig camp also gain firsthand experience in welding.
    WLUK-TV (Green Bay, Wis.) (8/9) 
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    Most Clicked
    The most-clicked stories in Leading Edge SmartBrief from the past week
      
      
    It's bad policy to speculate on what you'll do if a plan fails, when you're trying to make a plan work.
    Condoleezza Rice,
    diplomat and political scientist
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