Goodway Technologies and Victory Innovations have seen record orders for surface-disinfecting spray equipment, and the unexpected demand can be a strain on supply chains. Goodway offers six models now instead of three in a bid to meet the needs of various industries.
Intel's focus on improving inventory planning created $1.3 billion in additional gross profits from 2014 to 2017, according to Intel-supported research. Algorithms have driven this financial improvement as a replacement for "planner rule-of-thumb estimates applied across all products," the research paper says.
Manufacturers that work closely with suppliers can realize new sources of value, but such collaboration is not always easy. McKinsey worked with Michigan State University to explore these difficulties and develop an index.
The pandemic has highlighted the value of digital transformation, according to 71% of manufacturing survey respondents. "The opportunity to reduce the distance between manufacturers and end users through digital technology may be more transformative than the newfound ability to occasionally work from home," says Drew Caylor of WILsquare Capital.
Democratic presidential candidate Joe Biden has outlined a plan to shore up the US medical supply chain with enhanced processes and less reliance on other countries. Details include using federal purchasing power, stockpiling equipment and drugs, moving production of key medical components back to the US and creating a "critical supply chains workforce."
Logistics sector business activity in June was reinvigorated by company reopenings, rising to levels not seen in 16 months, according to the most recent Logistics Manager's Index report. LMI researcher Zac Rogers warns that the surge may be short-lived as states scale back reopenings amid growing numbers of coronavirus cases.
Frequent video calls during the work day is leading to screen time overload and "Zoom fatigue" among many employees, writes Stacy Adams, head of marketing at Vyond. Adams outlines ways training leaders can help relieve this fatigue, including by offering asynchronous video and letting workers choose not to turn on their cameras.
Amazon has tentatively rescheduled its Prime Day event to Oct. 5, calling that a "placeholder date" that could change again, according to a company email. The online shopping event has been held in July since its launch five years ago, but challenges related to the pandemic have led to postponements this year.
The famous marshmallow test is used as an example of self-control, but subsequent research shows us that self-control is about systematic influences and pressures, not an individual's inherent work ethic, Susan Fowler writes. "An environment where promises are broken is more likely to lead to diminished self-regulation, leaving you with less than others, yearning more from a world you don't trust to support your longings," she writes.
The rise of connected smart kitchens is creating new opportunities for seamless cooking and shopping experiences, with the connected appliance market expected to grow to $8.2 billion by 2024. Drop, a smart kitchen start-up based in Ireland, is working on an operating system that would connect smart appliances with recipe publishers and grocers.