Amazon salespeople are pitching building managers, landlords and locksmiths around the country on Key for Business, the company's keyless entry service that enables drivers to drop off packages inside building lobbies using a mobile device. Amazon introduced the service in 2018 but has not disclosed the number of sign-ups.
UFP Industries CEO Matt Missad says he's a "reformed micromanager" who now allows employees to learn from their mistakes and become leaders. This profile explores Missad's career and why he restructured the company from geographic regions to business lines.
Whirlpool reported a 31.7% year-over-year increase in second-quarter sales on Thursday while warning that it could raise prices again on certain products because of inflation worries, says Chief Financial Officer Jim Peters. "We have been pretty predictable in terms of raw materials and pretty stable in terms of our outlook," says Chairman and CEO Marc Blitzer.
The Mid-Atlantic Regional Spaceport plans to build a 150,000-square-foot facility in Accomack County, Va., for manufacturing Rocket Lab's Neutron rocket after receiving zoning approval. The facility would create at least 250 jobs and also manufacture the Electron rocket.
Ransomware attacks are increasing in frequency, and companies need to safeguard industrial control systems and operational technology both to protect themselves and to avoid regulatory scrutiny, experts say. Grant Geyer of Claroty recommends organizations adopt the "three lines of defense" model, run real-time security exercises and understand where to focus safeguards.
Automakers and chip suppliers need to revisit their risk-management strategies and potentially focus development on automotive needs, according to a panel discussion involving executives from Analog Devices, Aptiv, Ford and GlobalFoundries. "What it requires is strategic relationships all the way down the chain," says Aptiv President and CEO Kevin Clark.
Industrial drones, cloud-based analytics and high-resolution imagery make the technology ideal for use in smart inspections, says Kespry CEO Krishnan Hariharan. "Industries such as mining and aggregates, insurance and industrials can now experience completely touchless surveys and inspections in half the time, while keeping employees safe and keeping organizations compliant to their respective industry standards," Hariharan says.
Gender diversity encourages innovation, problem-solving, and operational and financial success, and manufacturers need to work harder to hire more women at all levels of their organizations, writes Sandvik HR leader Johan Kerstell. Sandvik has set measurable targets for hiring female managers and incorporated gender diversity and inclusion into leadership training.
A Kenco Logistics survey found that 81% of consumers choose to shop online with Amazon and big-box retailers because of low prices, an easy buying experience and product availability, but some are concerned about taking business away from smaller and diverse retailers and supporting unsustainable practices and companies. "While consumers demand low prices and fast delivery times from national and global chains, they're more forgiving when they know their dollars are contributing to sustainable or socially conscious practices," said David Hauptman, chief commercial officer at Kenco Group.
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