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May 11, 2023
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Top Story
CNBC included Lineage Logistics on its Disruptor 50 list, which highlights growing private companies that are taking advantage of current opportunities in the market. The company has made over 100 acquisitions, making it the largest global temperature-controlled logistics company, and opened its newest location in Port Wentworth, Ga., last month.
Full Story: CNBC (5/9) 
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Henry Schein earned $121 million in the first quarter on revenue of $3.06 billion. The health care products company has agreed to acquire Southern Cross Group's S.I.N. Implant System, a Brazilian company that produces products for dental implant procedures.
Full Story: Connecticut Post (Bridgeport)/The Associated Press (5/9),  Medical Device Network (UK) (5/5) 
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Associated Food Stores is implementing an end-to-end Symbotic automation system at its Farr West, Utah, distribution center that will include a robotic case-pick function. The system's artificial intelligence will help improve efficiency while paring costs, said Symbotic CEO Rick Cohen.
Full Story: Winsight Grocery Business (5/9) 
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Operations and Technology
Chief supply chain officers' business agendas are being hampered by "labor productivity levels [that] are historically low" and stem from a lack of workforce innovation investments, according to Gartner research. Gartner's Caroline Chumakov says turnover is currently 33% higher in supply chain organizations than pre-pandemic levels and Gartner suggests solutions rest on advancing individual, community and technological potential.
Full Story: CSCMP's Supply Chain Quarterly (5/8) 
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Sales and Marketing
Business-to-business marketing teams must overcome "inadvertent indifference" to demonstrate passion for their industry, products and services, which then translates into interesting and inspiring messaging and content, Robert Rose writes. "When B2B marketers are curious to understand the industry, care about it, and feel emotional about adding value to it, they possess a superpower," Rose writes.
Full Story: Content Marketing Institute (5/9) 
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Policy Watch
The National Association of Wholesaler-Distributors joined other business groups in urging President Joe Biden and top congressional leaders, who are scheduled to meet again on Friday, to strike a bipartisan deal to raise the debt ceiling. Any deal should include "serious steps toward addressing the out-of-control spending that led us here in the first place," said NAW President and CEO Eric Hoplin.
Full Story: Roll Call (5/9),  CNN (5/9) 
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The Business Leader
Stop faking it and start failing toward success
(sompong_tom/Getty Images)
Acting like you have command of a situation can backfire if it prevents you from learning how to handle it properly, author and executive coach Laura Gassner Otting writes. A beginner's mindset of learning new things and continuing to grow ultimately can cement you as a stronger communicator and businessperson.
Full Story: SmartBrief/Leadership (5/9) 
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Mai Der Vang,
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