AmerisourceBergen and private equity firm TPG are partnering to purchase OneOncology from General Atlantic for $2.1 billion. AmerisourceBergen, which has a large drug distribution business, will pay about $685 million in cash for a minority stake in the oncology practices network.
U.S. News & World Report/The Associated Press
(4/20)
Social Commerce: Back to basics US consumers have shifted their buying habits, making social media a key part of the sales process. Join experts from SmartBrief and Square as they discuss how to take advantage of consumers' new shopping habits and tap into social media. Watch now.
Software firms such as Blue Yonder Group and Manhattan Associates are exploring ways to use emerging generative artificial intelligence technology currently used for tasks such as news writing and apply it to logistics-oriented functions such as forecasting, procurement and inventory management, writes Liz Young. Experts say current programs such as ChatGPT's chatbots distill vast amounts of data but can still yield inaccurate information, and Gartner analyst Marko Pukkila predicts it will take years before the technology takes hold within the logistics industry.
The procurement long game may best be won through reshoring, despite its short-term cost, Bob Krohn and Anamika Sarkar of
ISG write. Manufacturers that already have started reshoring have achieved better quality control, supply chain visibility and ESG scores, and Krohn and Sarkar outline a four-step process for reshoring and explain Industry 4.0's role.
Jaleh Rezaei, co-founder of Mutiny, talks about starting the company, which uses AI to help business-to-business companies personalize website content and convert prospects. Rezaei explains how her own experiences as a B2B chief marketing officer led to her launching Mutiny, and how B2B brand Notion boosted conversions by 60% within three months of using the AI tool.
Leaders needn't be either Pollyanna optimists or pessimists if they work on being positive thinkers who don't "expect their circumstances to change [but instead] change themselves to overcome their circumstances," business consultant LaRae Quy writes. Positive thinkers have "the ability to look at every situation, both good and bad, without losing hope," Quy explains.
A whopping 79% of Americans told Gallup something other than "strongly agree" when asked if they trusted their employers, and the decline in trust dovetails with sinking employee engagement and morale, Gallup's Denise McLain and Ryan Pendell write. They learned that when leaders have top-notch skills in each of three areas -- leading and supporting change, communicating clearly and inspiring confidence in the future -- 95% of their employees trust them.
