Avetta Industry Watch – Week of August 1

Author: Pressroom

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  • How General Motors Overcame Quakes In Supply Chain in Its Last Quarter – Forbes: It’s great to see that General Motors and other industry leaders are taking note that financial success requires strong supply chain risk management. See how GM’s supply chain overcame the negative impacts of the earthquake in Japan this past spring.
  • Today’s Top Supply Chain and Logistics News from WSJ – The Wall Street Journal: In his daily news round-up, Paul Page reports Wal-Mart’s plan to rebuild its e-commerce strategy, the decrease in orders for heavy-duty trucks in July, which is the lowest level in more than six years, and XPO Logistics’ first profitable quarter in at least four years.
  • Understand 21st century supply chains in 3 charts – GreenBiz: As the cost of renewable energy drops and consumers demand corporate social responsibility, sustainability is becoming increasingly cost-efficient. Emerging technologies, such as the Internet of Things, are spurring corporations to rethink their supply chain strategies. Want a better understanding of today’s supply chains? GreenBiz breaks down 21st century supply chains in three helpful charts.
  • Five Steps For The Supply Chain Leader To Take To Improve Value – Forbes: How do supply chain leaders improve value? Step 1: define supply chain excellence. Find out what the other four steps are here.

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Maintain a current Business Continuity Plan

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Promote a safe, clean and sanitized work environment

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Institute Office Distancing policies

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Encourage employees to self-educate using online resources (WHO)

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Restrict travel—all non-essential travel is forbidden

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