Supply Chain
Top stories summarized by our editors
1/23/2018

JD.com announced it plans to open unmanned convenience stores in China, an effort that would reduce costs associated with costly labor. Though it's testing the process now, future versions may feature the company's smart logistics solutions such as an automated pharmacy using a vending machine-style method and last-mile delivery with autonomous vehicles.

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China
1/23/2018

It's unlikely airlines will add more space for freight even as demand continues to rise, according to Brian Bourke of SEKO Logistics. This has resulted in airfreight agents working to develop new relationships and strategies to align freighters with their goals, he added.

1/22/2018

Analysts believe the food shortage at Whole Foods locations is due to a surge in shopper traffic after the company's acquisition by Amazon, but employees blame order-to-shelf, an inventory management system that uses a minimalistic approach. The system works to reduce unnecessary inventory with a goal of freeing up employee time and reducing waste, but its strict procedures are causing stocking issues.

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Business Insider
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Whole Foods, Amazon
1/22/2018

The Delaware attorney general has filed a lawsuit against drugmakers Purdue Pharma and Endo International, wholesale drug distributors McKesson, AmerisourceBergen and Cardinal Health, and retailers Walgreens Boots Alliance and CVS Health. The lawsuit claims the companies failed to react to signals in prescriptions of opioids and concealing the risks of opioid abuse.

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Reuters
1/22/2018

Leaders who admit their mistakes and take responsibility show self-awareness and strength, notes John Baldoni in this blog post and video. "Leaders accomplish very little by themselves -- they survive or fail on the actions of those they lead," he says.

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SmartBrief/Leadership
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John Baldoni
1/22/2018

Decision-making is often hampered by a complicated organizational structure where no one feels they can make the call, among other factors, say Aaron De Smet and Leigh Weiss of McKinsey. They identify and discuss the four types of decisions and what organizational actions need to happen with each.

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McKinsey
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Aaron De Smet, Leigh Weiss, McKinsey
1/22/2018

Fortune's annual World's Most Admired Companies list included distributors atop industry-specific rankings. Top-ranked distributors were W.W. Grainger in diversified wholesalers, Arrow Electronics in electronics and office equipment wholesalers and McKesson in health wholesalers.

1/22/2018

Thyssenkrupp CEO Heinrich Hiesinger responded Friday to shareholders by promising to revisit the company's strategy at a May session and to "adapt our financial targets accordingly."

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Reuters
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ThyssenKrupp
1/22/2018

Electrical distributors should strive to engage employees with a long-term career path, says Timothy Young of Interstate Electric Supply. With many applicants unqualified and the best candidates employed elsewhere, compete by offering more attractive opportunities and work environments, suggests Ira Wolfe of Success Performance Solutions.

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TED Magazine
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Ira Wolfe
1/22/2018

Relying on shipper-provided management systems robs distributors of the ability to make data-driven operational decisions that could reduce costs, writes Bob Malley of Pierbridge. Using a parcel transportation management system with an enterprise approach provides more visibility and autonomy, he notes.

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Logistics Viewpoints
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Bob Malley