In a successful growing business, it eats your time alive. Then later in life, you can provide for your family things that many others can’t have. But because you sacrificed, you’re then given the reward of freedom.” – Kevin O’Leary (a.k.a. Mr. Wonderful), Shark Tank
In this edition of This Week in Business History, Kelly Barner remembers key innovations, inventions, and firsts that took place between July 5th and the 9th, the important role that the secret, silent Mr. Charles Bergstresser played in the founding of Dow Jones and The Wall Street Journal., why buying a set of soup can paintings ended up being an “intense chicken noodle” of an investment, and the advice and backstory of Shark Tank’s “Mr. Wonderful,” Kevin O’Leary.
More Podcast Episodes
nearshoring
Podcast
June 17, 2024
Unveiling Supply Chain Innovation: Deep Dive and Expert Perspectives
Innovation and disruption are constants in the supply chain game. In this episode, hosts Scott W. Luton and Kevin L. Jackson, alongside special guests Greg Buzek from IHL Group and Vignesh Balasubramanian from Microsoft, dive deep into the pivotal role of generative AI in revolutionizing supply chain management. Understand the significant inefficiencies in current transportation logistics, with over 50% of trucks less than half full, and how AI can turn this challenge into a substantial efficiency gain. Our experts share real-world applications from Microsoft, highlighting AI’s role in enhancing planning and forecasting capabilities, adapting to changing data, and optimizing logistics to cut costs and improve delivery times. Vignesh’s personal anecdotes from the COVID-19 pandemic illustrate the importance of preparedness and strategic adaptation in the face of geopolitical and weather-related disruptions. Looking toward the future, we discuss strategies like nearshoring, the lasting impact of supply chain disruptions on inflation and consumer experiences, and the critical importance of maintaining clean and ready data for AI optimization. Gain valuable insights, practical strategies, and a compelling call to action to embrace AI-driven innovations to stay competitive in today’s volatile market.
supply chain
Podcast
October 2, 2024
Three Ways to Optimize Your Supply Chain Risk Management
In this new episode of Whiteboard Wisdom on Supply Chain Now, host Scott Luton and special guest Patrick Van Hull dive into the critical topic of supply chain risk management. They explore three essential capabilities to optimize risk management strategies: due diligence, continuous monitoring, and executive reporting. Summary: Listen in as Patrick emphasizes the importance of understanding and preparing for various risks, including geopolitical, cyber, and environmental factors, and shares insights from industry surveys highlighting the significant financial impacts of supply chain disruptions. The discussion also covers the necessity of building risk intelligence and operational resilience to ensure business continuity in the face of adverse events. This episode is a must-watch for supply chain professionals looking to enhance their risk management practices and drive competitive advantage.