The L.A. Times & Automation
I toured the Los Angeles Times last week and was impressed with the automation. Although newspapers seems like an old business, it was impressive in pure size and volume with minimal people.
I toured the Los Angeles Times last week and was impressed with the automation. Although newspapers seems like an old business, it was impressive in pure size and volume with minimal people.
According to the Material Handling & Logistics, robots are slashing U.S. wages and worsening pay inequality. That is certainly a provocative statement! According to new research by MIT's Daron Acemoglu and Boston University's Pascual Restrepo, one additional robot per thousand workers reduces the employment to population ratio from .18 percentage points to .34 percentage points and slashes wages from .25% to .5%.
People and companies have more choices than ever before. If you wish to remain in the race, quality must be more than an assumption; it must become a strategic focus.
Since economics can have a dramatic impact on our business, it is worthwhile to pay attention - at a minimum. Attend sessions on economics trends, read economic updates, and dig into the key factors that are most likely to impact your business.
Roadmap 2.0 is a comprehensive, well thought-out and insightful compilation of trends and technologies that will help provide a broad perspective of where supply chain is headed.
Take a look at your supply chain. How are you likely to be affected by changes to NAFTA? What risks should you account for?
When it comes to retaining your internal talent and your key supply chain partners, it is not terribly complex. Think about how you would like to be treated and what would attract you to want to work for or with your company.
The Drucker Supply Chain Forum engages a diverse group of supply chain experts to not only discuss trends and potential global disruptions, but also core values, employee engagement and careers in supply chain, logistics and distribution.
A disengaged workforce can cost you in productivity, profitability and lost customers. Engaging employees can be as simple as listening, giving feedback and removing obstacles to success.
Technology is an integral part of managing your business and supply chain. Are you leveraging technology to improve your business performance?