Mar. 2, 2015

1. Wal-Mart's inventory struggles offer valuable supply chain lesson
Renowned for its outstanding supply chain, Wal-Mart has suffered a string of bad publicity. Reports of excess inventory coupled with empty shelves have tainted the retail giant's reputation as a flawless executor of supply chain management. Wal-Mart's inventory issues remind us past achievements are no guarantee for future success.More

2. Building and keeping a great warehouse team
By Ken Ackerman
Nearly every appraiser of warehousing quality agrees that the most critical element in a successful operation is the people. While quality in management and supervision is critical, the quality of every hourly worker is important. When I was CEO of a multicity warehousing organization, I constantly reminded our key people that our company could never be better than its worst manager.More

3. Employing a staffing service at your warehouse
Ken Ackerman
Using staffing-service employees is one way to hedge the risk that warehouse employers will be sanctioned for noncompliance with government regulations regarding employment. For this reason, the use of staffing services in warehousing will experience steady growth in the coming decade. Regardless of politics, it seems likely that governments will expand their role in defining and limiting the use of human resources.More

4. How bosses can encourage transparency in the workplace
Fast Company
Professional development conversations are an important part of any company culture, but how do you create an environment where everyone is eager to engage in these high-value conversations? There are a few things to keep in mind as you encourage all levels and positions to participate in a transparent manner.More

5. Top 5 predictions for fulfillment centers in 2015
National Real Estate Investor
For the fulfillment center subsector in 2015, Matthew E. Galligan, president of CIT Real Estate Finance, a New York City-based financial holding company, predicts a year with many variables. Galligan's group provides loans greater than $20 million for stabilized, value-add and construction properties in the core commercial real estate sectors, including industrial.More