Linde has announced it will build a hydrogen plant in Alabama's rural Washington County. The plant is scheduled to open in 2024 and will allow Linde to pursue additional growth while building a reliable supply of liquid hydrogen, company officials say.
Pandemic-related supply chain issues have taught companies many lessons, and now they are gradually giving way to other problems, such as a growing shortage of truck drivers. However, global supply chain logistics and technology companies can manage the shortage by tapping artificial intelligence-powered analytical and clerical tools until new types of automation are available, according to Brian Wenck, CEO of Flat World Global Solutions.
Now that Amazon is scaling back on warehouse space, third-party logistics companies are poised to occupy more of the available industrial real estate, according to Mizuho Americas research. For example, 3PL company List Logistics recently leased more than 850,000 square feet at the Garden State Logistics Center in New Jersey, bringing its total distribution and warehouse space to more than 2 million square feet nationwide.
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Sales teams should ask both open-ended and closed-ended questions to gain insight, writes Mike Schultz, president of RAIN Group. Open-ended questions can help build rapport and make potential customers more comfortable, while closed-ended questions can help keep customers talking and dig into specific scenarios, Schultz writes.
Marketing departments must focus on connecting with and educating customers about products and services in new ways while internally setting new key performance indicators and seeking out new marketing channels, writes NNC Services CEO Loredana Niculae. "Businesses will have to work to ensure predictable outcomes in this landscape of increasing buyer sophistication and market complexity," Niculae writes.
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Improve communication with your team by using positive words, especially during stressful situations, and practice "optimistic realism" that remains open to others' perspectives "without blindly believing everything they say," writes Kate Nasser. "If you are closed off from the start, you have little chance of uncovering anything new," Nasser writes.
Courage is what drives good leaders to stand up for themselves and their teams and dedicate themselves to creating a different future, writes Dan Rockwell. "Sometimes you give yourself and come up empty, but when you give yourself to something that matters, you feel fulfilled," Rockwell writes.
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