In this episode of This Week in Business History, host Scott W. Luton dives into the Ray Kroc story. Most folks know the role that Kroc had in building the global McDonald’s brand. However, Scott finds a few twists about “the founder” that you may not know, such as: what world-famous business person did Ray Kroc meet while training for the Red Cross? And where does baseball fit into Ray Kroc’s journey? Tune in to learn more.
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cost reduction
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3 Reasons Why Collaborations are Key in Supply Chain
In this new episode of Whiteboard Wisdom, host Scott Luton welcomes Stella Jaqueta, a procurement professional and supply chain enthusiast, to discuss the importance of collaboration in supply chain management. Jaqueta emphasized that successful collaboration is key to achieving efficiency and cost reduction, gaining competitive advantage, and fostering innovation and product development. She also highlighted the importance of establishing clear goals, developing trusting relationships, and aligning incentives for effective collaboration. Watch and learn more!
risk
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March 27, 2024
Guarding the Gateways: Navigating Cybersecurity in Manufacturing
Cybersecurity is a global issue impacting almost every industry. Staggeringly, it’s estimated that cybercrime cost the world $8 trillion in 2023 – a figure exceeding the annual GDP of every country barring the USA and China. In this episode of Supply Chain Now, sponsored by Microsoft, hosts Scott Luton and Kevin L. Jackson sit down with Allison Giddens, Co-President of Win-Tech, Inc., an aerospace manufacturer, to discuss the critical intersection between cybersecurity and manufacturing. Conversations begin with a focus on risk prioritization, with Giddens explaining the manufacturers need to start with the computers in their front office before worrying about the threats facing their connected equipment. “We’re telling manufacturers, hey, you need to know how to run a marathon and they don’t even know how to walk a 5K,” she states. Discussions then turn to the importance of multi-factor authentication, the need to balance investments in both people and technology, the criticality of understanding cyber even when outsourcing, the pros and cons of cloud migration, and much more.