Ambulatory surgery centers and surgical hospitals can safeguard their finances and improve their operations by developing strong relationships with distributors, says Cardinal Health's Chris Childers. "The first thing a distributor should do for its customers is skillfully manage logistics to ensure a facility's operations and supply chain function efficiently," he says.
The best way to compare third-party logistics providers to internal fulfillment capabilities is to derive an accurate fully loaded cost per order for each option, writes Brian Barry, president of F. Curtis Barry. He shares how to determine that figure for each fulfillment option.
Distribution centers are applying Industry 4.0 technology including the industrial internet of things to conveyor systems, resulting in less downtime and more efficient operations. "More sophisticated sensing technology, enhanced computing power, and the reduced cost of data gathering and storage allow systems integrators to track, identify, monitor, analyze, and optimize the performance of convey and sort systems," Dematic's Ken Ruehrdanz says.
Companies can take a whole-system approach to uncovering vulnerabilities by using a process known as "red teaming". Red teams conduct adversary simulations to spot issues and usually feature team members with distinct skill sets, writes Kelly Sheridan.
The goals of mindfulness help leaders improve focus and performance by emphasizing presence, awareness and intentionality, writes Alaina Love. Mindfulness also represents an ability to learn from failures and to be open-minded in what we witness rather than rush to judgment, she writes.
Perfectionist leaders create a culture in which no one measures up and mistakes are committed by only other people, writes Dan Rockwell. There is a difference between having high standards and expecting perfection, he argues, that can be seen when celebrating progress, rather than lamenting what wasn't achieved.
Distributors open to change are positioned to thrive in an era of digital disruption, says Mark Dancer of the Network for Channel Innovation. Dancer reminds distributors that to get new results, they must look at changing established behavior.
Procurement must work within the broader organization to maintain supplier relationships and prevent divide-and-conquer scenarios, writes Positive Purchasing CEO Jonathan O'Brien. Companies may want to a take formal approach to defining supplier relationships that includes establishing rules of engagement and other protocols.
Valin was ranked among the largest private companies in the Silicon Valley region on the Silicon Valley Business Journal's annual list for the eighth consecutive year. It took home the 23rd spot, up two places from a year ago.
WESCO Distribution unit Conney Safety Products and manufacturer Brady Corp. are testing an online ordering application to make it easier to buy custom industrial-safety products online. "It differentiates us from the competition, by making the buying experience as easy as possible for customers," says Conney Safety Products brand manager Missy Taylor.
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