The integration of Tech Data and Synnex "is on track relative to the timeline we had laid out for 18 to 24 months," TD Synnex CEO Rich Hume says. The company's supply chain backlog continues to expand and has lasted longer than initially expected, but "hopefully we'll be beyond the peak by the middle of the year," Hume says.
Ingram Micro has named longtime executive Paul Bay as CEO, succeeding Alain Monie, who will become executive chairman. "I'm honored to be CEO of such a phenomenal team and build further on our strategic imperatives to transform and modernize the way we do business, remove complexity for our partners and be an indispensable business behind the many brands we serve," Bay said.
Carbon capture and storage – and the economy Learn how reducing emissions from the highest-emitting sectors can also lead to job growth and investment. Read our newsletter.
Companies shouldn't be too concerned in the long run about supply chain problems or higher taxes, but they should use inflation to their advantage and invest in automation and local manufacturing, forecasts Alan Beaulieu of ITR Economics. Companies looking to sell might want to wait "until 2025, maybe 2024," and forgo an earn-out period, Beaulieu adds.
Logistics operators are overcoming labor shortages by employing software-powered robotic arms to handle tasks ranging from sorting products to picking items from bins and packing them for shipment. Ash Sharma, Interact Analysis' managing director, says robotic arm technology "is a niche today in the overall warehouse automation market," but the firm predicts it will grow from an estimated $137 million market in 2021 to $1.34 billion in 2025.
The "WAVE Method" for sales prospecting begins with a winner's mindset that ensures an energetic attitude and an attraction campaign using customized content through multiple channels, writes Mike Schultz. Other steps Schultz offers include providing value to potential buyers and executing properly by focusing the necessary time and energy on prospecting activities.
People, whether they're consumers or business buyers, want to purchase from companies they trust and like, and chatbots on your brand's website and social media channels can open up immersive, conversational experiences that boost brand image and likeability, Jacob Lucas writes. "With a chatbot, B2B marketers don't just tell a story, they involve their audience in it," Lucas writes.
The Supreme Court on Thursday rejected OSHA rules on workplace COVID-19 vaccines and testing in a 6-3 vote while upholding a similar regulation from the Department of Health and Human Services that affects health care facilities. "Indeed, although Congress has enacted significant legislation addressing the COVID-19 pandemic, it has declined to enact any measure similar to what OSHA has promulgated here," the unsigned opinion by the court's majority said.
Changing your focus from perfection to producing excellent work in partnership with others can help you become more efficient without sacrificing quality or affecting morale, writes self-described perfectionist Naphtali Hoff. "When we pursue excellence or high standards, we come to value the process as well as the outcome," Hoff writes.
The NAW Executive Summit is back in-person January 25 - 27, 2022 and it will be bigger and better than ever before! Learn more about the NAW 2022 Executive Summit.
