Amazon announces $2B VC fund to reduce climate impact

Amazon announces $2B VC fund to reduce climate impact | How Walmart is using driverless tech to move groceries | Warehouses become the focal point of supply chains

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June 23, 2020

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Amazon announces $2B VC fund to reduce climate impact

(Eric Piermont/Getty Images)

Amazon is creating The Climate Pledge Fund, which will invest $2 billion worth of venture capital funding in technology advances among multiple industries to mitigate climate change. Amazon wants the fund to help it and other businesses attain net-zero carbon emissions within 20 years, CEO Jeff Bezos said.

Full Story: The Wall Street Journal (tiered subscription model) (6/23)

Innovation & Efficiency

How Walmart is using driverless tech to move groceries

(Walmart)

Walmart's self-driving vehicle partner, Gatik, focuses on delivering groceries from massive distribution centers to smaller warehouses, the journey it calls the "middle mile." The company partnered with Walmart in 2019 and the vehicles are now running seven days a week, Gatik CEO and co-founder Gautam Narang said.

Full Story: BNN Bloomberg (Canada) (6/19)

Warehouses become the focal point of supply chains

Warehouse-management systems, robotics and other technology are enabling warehouses to meet customer demand for same-day and next-day delivery, as well as increase worker safety and compensate for labor shortages, writes Curt Croley of Zebra Technologies. "[T]his trend will become more noticeable as retail and warehouses continue to merge into one fulfillment center, all with the intent of delivering packages ever faster and more accurately to the end consumer," he writes.

Full Story: Industrial Distribution (6/18)

9 ways to judge a supplier's reliability

Uncertainties in the supply chain are unlikely to go away, but manufacturers have nine key questions to start evaluating supplier reliability, writes Steve Schabel, chief sales and marketing officer at Alexandria Industries. Ask about supplier resiliency, flexibility to respond to unexpected needs and how much duplication of services they can provide, he suggests.

Full Story: The Fabricator online (6/18)

Leadership

How leaders can educate themselves and do better

Leaders can earn employee trust by checking their assumptions about discrimination, educating themselves on historical context and following through on promises to improve, writes Alaina Love. "Taking issues of inclusion and diversity seriously now prepares you for the changes you'll experience in the next decade," she writes.

Full Story: SmartBrief/Leadership (6/22)

Strategies to deal with a team bully

Workplace bullies must be dealt with, and that can include confrontation but also recording each incident, talking with other victims and reporting the bullying to HR, writes Paul LaRue. "Whenever you confront a legitimate bully or abusive individual and take a stand for what's right and yourself, you will always do the right thing," he writes.

Full Story: The Upwards Leader (6/21)

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Regulations & Policy

House committee approves infrastructure bill

The House Transportation and Infrastructure Committee has approved a bill that would provide $494 billion in infrastructure funding during the next five years. The bill would encourage lower carbon emissions and construction projects resilient to natural disasters.

Full Story: Engineering News-Record (tiered subscription model) (6/19)

Trump shuts off work visas

President Donald Trump is suspending several visas for foreign workers, citing the surge in unemployed Americans during the coronavirus pandemic. The executive order lasts until year-end and affects guest worker and academic programs.

Full Story: Engineering News-Record (tiered subscription model) (6/22)

Business Update

Supply chain execs see significant changes ahead

Nearly three-fourths of procurement and supply chain professionals worldwide are planning large-scale supply chain changes following the coronavirus pandemic, such as growing their supply base, boosting inventory and relying more on local suppliers, according to a Procurious survey. Virtually all of the over 600 people surveyed said the pandemic disrupted their supply chain operations.

Full Story: CSCMP's Supply Chain Quarterly online (6/22)

Grainger expects ongoing demand for safety equipment

Price fluctuations for in-demand items will continue as health care facilities compete for already limited supply, Grainger CEO D.G. Macpherson says. "For the next few years, we're going to be in a world where these types of products are going to be the norm for how we work," he says.

Full Story: Digital Commerce 360/Bloomberg (6/19)

CSCMP News

CSCMP's 31st Annual State of Logistics Report® Resilience Tested -- Report released

CSCMP released the 31st Annual State of Logistics Report® highlighting "How Supply Chains are Battered but Not Broken" during a virtual press conference. Annually, CSCMP collaborates with global strategic management consulting firm Kearney as the author and researcher and with Penske Logistics as presenter of the report. The report offers a snapshot of the American economy through the lens of the logistics sector in the overall supply chain. The report includes rigorous compilation of leading logistics intelligence from around the world, shines a spotlight on industry trends and offers key insights on the ever-evolving industry supply chains. Get your copy of CSCMP's Annual State of Logistics Report® today!

CSCMPodcast: How to use and integrate AI and new technologies in supply chain logistics

CSCMP President and CEO Rick Blasgen and OneTrack's Marc Gyongyosi, CEO, and Peter Saul, vice president of sales and business development, help us understand more about the big buzzword -- AI -- in the logistics space today. How can supply chain organizations see through the hype and identify solutions that deliver actual value to them? How should they go about implementing those solutions? New episodes are released the second Tuesday of every month. Listen to Episode 8 today!