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.
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.
Learn Insights from Driscoll's, Cold Carriers and Philip Palin, an expert in supply chain resilience and catastrophe preparedness. These supply chain stakeholders (shipper, carrier and receiver) will walk you through real life events that we are all familiar with -- significant weather events, regulatory disruption and holiday surges, and how businesses can prepare for inevitable unplanned supply chain disruptions through the use of technology, network structure and carrier relationships. Listen here or download a case study on planning for disruption.
Maximize your learning by avoiding shortcuts and trying new things, especially in areas that you typically avoid, writes Jesse Sostrin. "When you look for the easy way, you'll save some time -- but the lack of learning and growth will ultimately limit your progress," he writes.
Google My Business is a tool for distributors looking to compete with Amazon, writes Susan Merlo. "You can quickly and easily get the word out about new products, ongoing sales, counter days and other events and promotions at the very top of the search engine," she writes.
High-quality content helps distributors compete on e-commerce, Unilog CEO Suchit Bachalli writes. There are multiple ways to improve content, but any solid effort will likely take at least a year, Bachalli writes.
The sneaker resale market includes sales on apps, consignment shops and platforms such as eBay, Leigh Steinberg writes, with websites such as StockX taking commissions for authenticating shoes. "The secondary market is spiraling without the general public being aware of just how large it really is," and the industry is not being regulated, he writes.
Lithium-ion batteries can be difficult to extract from iPhones and other electronic devices, let alone recycle, and they also are at risk of exploding, writes Geoffrey Fowler. "I just don't understand why Apple doesn't include design features that its users and the reuse-and-recycling community can benefit from to extend the life of their products safely," says Neil Peters-Michaud, CEO of processor Cascade Asset Management.
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