Virginia, Maryland and the District last week were among dozens of states to to reach a $650m settlement with the U.S subsidiary of a Japanese company that manufactured faulty air bags installed in millions of automobiles worldwide, bags that sprayed deadly shrapnel that killed at least 22 people and injured hundreds more.
At lunchtime on Friday, George Cheah, or George Junior as he is known, doesn’t really have the time to talk. "Honestly we are so busy, it’s gone absolutely mad. People have gone chicken crazy," he says over the phone, while people shout orders in the background.
The top challenge for Millennials is an unclear career path for upward mobility. Helping Millennials grow in their career is vital for the continued success of the firm and the individual. It fosters communication and learning opportunities for both the mentor and the mentee. -Joe Tillman, Founder TSquared Logistics LLC
Daimler AG cast doubt on Tesla Inc.’s plan to deliver electric heavy trucks next year, saying its more modest goal to start selling battery-powered big rigs by 2021 is more realistic.
An increasing number of companies are struggling to find quality people to fill positions in their warehouse operations. This issue is not limited to a particular region of the country or industries, but is widespread throughout the supply chain world. Forward-thinking leaders are making changes in both how they recruit employees and how they process orders to minimize the necessary headcount. -Greg Kreis, Principal, Tompkins International
Millennials have come of age during a time of economic uncertainty. The incoming generation of supply chain professionals is ambitious rather than entitled and willing to improve themselves to reach their goals. The SCM discipline offers an alluring crossroads of appealing compensation, long-term stability, and meaningful impact on fundamental processes—at a point in time perfect for improvements from emerging technologies. -Ryan Sullivan, Research Analyst, APQC
Toy companies are mimicking the moves of fast-fashion retailers as they scramble to produce toys and games tied to the swift rise and fall of trends driven by social media.