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.
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.
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.
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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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.
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.