Industry News
Supply Chain
Top stories summarized by our editors
12/3/2021

Amazon plans to replicate its US Delivery Service Partner program in Europe by partnering with small trucking businesses in France, Germany, Italy, Poland and Spain, according to a report by The Information. Amazon mostly relies on larger contractors to serve its European markets and started making ground deliveries using its own fleet in Germany in 2019.

12/3/2021

Just as dog breeds have their specialties, people also excel in some areas but not others, writes Wally Bock, who offers five analogies for being a leader of people.

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Three Star Leadership
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Wally Bock
12/3/2021

Amazon will collect $121 billion in advertising payments and fees from its Marketplace sellers this year, accounting for 34% of total seller revenue and representing increases in total dollars and percentage share since 2019, per a report by the Institute for Local Self-Reliance. Amazon says the report is inaccurate.

12/3/2021

Companies set a new record for leased industrial space in the third quarter of over 137.9 million square feet, with over half of companies wanting properties under 100,000 square feet to meet increased e-commerce and last-mile delivery demand, according to real estate investment firm JLL. "With demand for industrial space showing no signs of slowing down, new inventory will be needed to bring supply and demand closer to equilibrium and negate a future shortage of industrial space," JLL executive Craig Meyer said.

12/3/2021

NASA is commissioning three privately run space stations, with funding worth $160 million to Nanoracks, $130 million to Blue Origin and $125.6 million for Northrop Grumman. Nanoracks' partners include Lockheed Martin, while Blue Origin is working with Sierra Space and Boeing.

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Reuters
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Sierra Space
12/3/2021

New factory orders rose 1% in October, up from 0.5% in September and 17.1% a year earlier, the Commerce Department reported. Shipments of core capital goods were revised upward to 0.4%.

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Yahoo
12/3/2021

Roche Diagnostics developed COVID-19 tests in a six-week period by collaborating with suppliers and supported the production increase by creating supply chain redundancies, among other steps described by CEO Matt Sause. Meanwhile, heavy-duty engine maker Cummins has restructured its supply chain and developed stronger relationships with second- and third-tier suppliers, says executive Andrew Penca.

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Chief Executive
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Roche Diagnostics, Roche
12/3/2021

The STEP Ahead Honorees and Emerging Leader Awards in November recognized 130 women -- executives and factory workers alike -- who have demonstrated leadership. "We honor these manufacturing leaders with the STEP Ahead Awards, elevating their success and providing them a platform to inspire the next generation of women manufacturing leaders," says Carolyn Lee, director of the Manufacturing Institute, which created the STEP Women's Initiative in 2012.

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IndustryWeek
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STEP
12/3/2021

Kraft Heinz is fostering inclusion through such efforts as a leadership accelerators and a CEO-chaired inclusion council, says Chief Learning and Diversity Officer Pamay Bassey. "We have built a solid foundation focused on community, education and awareness over the past five years," Bassey says.

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HR Dive
12/3/2021

Net absorption for North American industrial real estate will total more than 507 million square feet by the end of this year -- a new record -- with 3.8% vacancy versus 4.9% at the end of 2020, according to a Cushman & Wakefield report. Rents will also break a record this year with an average increase of 8.5% over 2020, and the report predicts warehouse and industrial space availability will not surpass demand until 2023.