Automated smart categorization is a fast, accurate and economical way for companies to organize millions of stock-keeping units on e-commerce platforms, writes Divyabh Mishra, CEO and founder of CrowdAnalytix. "This not only saves time and effort, it improves the search experience, increases online sales, and helps B2B companies outpace their competitors," Mishra writes.
Employers can retain their best workers in a competitive labor market by offering excellent benefits, promoting from within, communicating one-on-one and discussing career paths, writes Scott Costa. "If you want all of your employees to know that you are seeing their best work, you can do it by announcing promotions on a regular basis," he writes.
Finding the right mix of technology and people in industrial settings isn't easy, but it's the key challenge for evolving beyond an Industry 4.0 mindset, writes Keith Barr, CEO and president of Leading2Lean. "Manufacturing 4.0, in contrast, is a new dynamic era where unlocking and multiplying human ingenuity is central to manufacturing, increasing efficiency, inspiring a new generation of skilled workers, and creating bottom-line profitability," he argues.
Xometry's online marketplace connects customers with manufacturers who offer the services and have the capacity needed to take on their projects.
Arrow Electronics will open a site in Centennial, Colo., next year to collaborate with other businesses and groups on digital solutions for urban infrastructure challenges. The Colorado Office of Economic Development and International Trade is contributing $500,000 to the project.
Data provides companies with the insight needed to identify and prevent workplace hazards and should be the foundation of any workplace safety culture, writes USG executive Paul Haney. Haney suggests using data to engage employees regarding workplace safety and to inform training efforts.
Mars Inc. executives are calling for sustainability prioritization through wholesale global supply chain changes and how businesses collaborate with other entities. "In fact, I believe we're seeing the end of the commodities era, where materials used to be sourced from largely unknown origins and bought purely for price on a transactional basis," said Chief Procurement and Sustainability Officer Barry Parkin.
Luxury automakers Jaguar, Audi, BMW and Mercedes-Benz are preparing to release all-electric SUVs in competition with Tesla's Model X. Audi this week introduced its E-Tron model, which is expected to cost less than the Model X and to feature Amazon's Alexa voice tool.
Amazon, which earned 50 cents of every dollar spent online in the US last year, is impossible to beat at its own game, according to New York University business professor Scott Galloway, speaking this week at Recode's Code Commerce conference. A panel of retailer CEOs said opportunities do exist, such as Shopify's model of working closely with merchants and Macy's advantage of a physical presence.
Your industry peers are attending the Groceryshop event Oct. 28 to 31 in Las Vegas. There are already team members from Ahold Delhaize, Albertsons, Alex Lee, Boxed, Blue Apron, Festival Foods, Foodtown, Gelson's Markets, Grocery Outlets, Ingles Markets, Lowes Foods, Meijer, Price Chopper, Raley's Supermarkets, SpartanNash, Sprouts, Stop & Shop, Supervalu, Tawa, Thrive Market, Wegmans and more. The FMI education track will focus on the omnichannel operating imperatives. If you are interested in bringing a team of operations, technology or marketing team members to the event, apply online for the Hosted Retailers & Brands Program, which provides you with travel reimbursement and curated meetings for your group. The deadline to apply is this Friday, Sept. 21. Apply here.