Tag Archive: Wall Street Journal

Robots Taking on Pharmaceuticals & Food?

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According to the Wall Street Journal, robots are taking on pharmaceuticals and food preparation.  In pharmaceuticals, companies like Eli Lilly and GlaxoSmithKline are investing heavily in automation to radically change the process of drug discovery.   If robots can handle thousands of samples around the clock (although costs will decrease or be reallocated to more valuable tasks), these results pale in comparison with the vast opportunity to develop drugs quicker! Are you radically re-thinking and innovating with speed in mind? Meanwhile, a burger joint will open in San Francisco that makes $6 burgers entirely by robot.  Creator is betting that robots can create…
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Do You Have an Eye to the Future?

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Do you have an eye on the future? Take a few minutes to consider this question. We should be keeping an eye on the future and building agility in our strategy setting process.
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Tariff News & Impacts….Whirlpool Adds People; LG Raises Prices

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Tariff News & Impacts….Whirlpool Adds People; LG Raises Price| President Trump just announced that the U.S. would impose a tariff up to 50% on large residential washing machines.  Almost immediately, the news started to emerge. According to an Industry Week article, Whirlpool plans to add around 200 jobs in their Ohio facility and announced plans to increase investment.
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Mother Nature Adds to Supply Chain Risk

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Supply chain risk has increased exponentially over the last several years. Mother nature is unpredictable which is the antithesis of what the supply chain needs to perform predictably and profitably. For example, the California wildfires created a logistical nightmare – trucks were parked along the 15 freeway, rail cars were stacked up and being re-routed as best as possible, trucks in and out of Southern California were affected and even the ports were impacted. I was asked to comment about the fire in a Wall Street Journal article. This occurrence was not an isolated incident. There are almost too many examples to choose…
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