If it's been some time since you last interviewed for a management position, you
might be surprised at how much things have changed. These days, companies look for candidates
with broader experience in supply chain management, an understanding of general business
principles, and a stable history of success. Interviewers will ask questions pertaining to
how and why you made certain career and business choices. Through the interviewing
process, they will develop a profile of your leadership ability, drive to succeed, communication
skills, and potential to advance, and they will consider all of that in relation to your past successes
and failures. They are interested in not only what you have achieved but also why you
achieved it and what you learned along the way. Moreover, they will ask behavioral questions
that will help them to understand who you are and whether you will fit the company's
business culture.
How can you be at your best and succeed in this new interview environment? William C.
Belknap, president of the career coaching firm Performance Leadership, says it is all about
preparation, preparation, and more preparation.
Your preparation for an interview should focus on three areas: Researching the industry
and the company; being ready to discuss the requirements and responsibilities of the positions
you have held in relation to the one you are interviewing for; and understanding the
interests and priorities of the people who will interview you. Here are some tips on how to go
about it.
Research the company and the
industry
This is an absolute must. Just as the hiring company will use many methods to screen and
evaluate you as a candidate, you must do the same to evaluate the company and position for
which you are interviewing. The more you know about a company and its management,
the better you will be able to interview and make your decision regarding employment.
The Internet is a wonderful place to find information about a company and its key people.
Through online research, you can not only find financial information about the company
but also identify changes that may affect the position for which you are interviewing. Is
there new management? Is the company stable? How does it match up against the competition?
Is there a pattern of outsourcing? Is there a likelihood of a merger or takeover? These are just a
few of the questions to consider.
You can use online social and business networks, such as LinkedIn, MySpace, Twitter,
and Facebook, to mention a few, to find present and past employees of the hiring company.
There you may find information about the people who are involved in the interviewing
process, including professional profiles and information that could help you to develop a
personal bond during the interview. For example, you may discover that you share similar
backgrounds and education, which you can discuss with the interviewer—at the appropriate
time, of course. Additionally, contacting past employees can give you greater insight
into the "personality" of the company, the department, and even the person you would be
reporting to. These contacts may alert you to information that could be of concern, such as a
high turnover rate.
Don't limit your research to the company itself. It is just as important to know about the
prospective employer's industry. Some questions you'll want to investigate include: Who
are the major players? What challenges do they face? How profitable is the industry as a whole?
Are there any products or technology that may affect its future success? Are there any safety or
environmental issues that could create trouble for the industry?
Be prepared to discuss your career in
detail
When interviewers for top supply chain positions ask about your career, they are looking for
much more than a list of past positions and responsibilities. They will expect you to analyze not
only what you have accomplished but also why and how you made your decisions. You will need to be introspective with regard to your successes and failures and be able to articulate what you have learned and how you have grown. You should also be able to talk
about each company you worked for, the industries they were in, their sizes, locations, and how they conducted business. In addition, be ready to discuss in detail what your responsibilities were, the decisions you made, and what effect those decisions had on your
department, on your customers, and on manufacturing and marketing. What improvements did you make that led to greater profitability for your company? What analytic process did you use to make those decisions? If you made mistakes, how did you correct them?—and what did
you learn from the experience?
You will also be expected to discuss your overall career, including
the changes you have made and how they relate to your personal and professional goals. Be able to
show a relationship between your past career moves and successes and the responsibilities of the
position you are interviewing for. It's important to do so without implying that you
already fully understand the company and have all the solutions to their problems.
Understand interviewers' interests and priorities
The interviewers you meet will have different concerns and agendas based on their working relationships with the position you are interviewing for. Understanding their priorities will help you present yourself in the best light to each individual and group. There are several types of interviewers you are likely to encounter: co-workers, internal customers, human resource professionals, the hiring manager, and senior management. Here is a rundown of how these different groups typically think about potential new hires:
Co-workers want to hire a person who understands the position and has the skills to work at their level, yet does not pose a threat to their jobs or careers. Naturally, they want someone they can get along with—someone who is interesting and has similar interests. In other words, they want to hire someone they like.
Internal customers want someone who is competent,
easy to work with, likable, and trustworthy. They want
someone who can solve their problems and make their
jobs easier, a person who will see the work world
through their eyes.
Human resource professionals are interested in verifying
that you are who you say you are, and that your
work history is accurately described, with no unexplained
breaks. They want to know whether you fit
the technical parameters of the position, including
salary requirement. Their agenda focuses on the future
as much as it does on the present. Do you fit the
department's and the company's profile for success?
What is your career potential on both a departmental
and companywide level? Less tangibly, are you someone
they feel comfortable with?
Hiring managers are interested in bringing in talented
people who will be successful in their new positions
and also have the potential to learn and grow within
the department. They want someone who has the right experience and the maturity
to manage the position effectively. It is important to them to hire someone who is career-focused
and will be loyal to the company, not just looking for more money. They will be concerned that the
candidate fit the "personality" of the department and that there is good "chemistry" with other
employees.
Executive management normally lets the hiring manager delve into the specifics, such
as technical expertise. They will be looking for a positive
personality with a history of success. Candidates'
potential to contribute to the company's success,
career goals, presentation skills, social and communication
skills, ability to think on their feet, worldliness, and overall business awareness and
understanding are all important to them.
Quickly but carefully
The only opportunity you will have to negotiate is
when an offer has been presented to you. Once negotiations
have been completed, you will need to decide
whether or not to accept the offer. If you have done
your homework beforehand, then the choice should
be easy to make. Be certain the position is right for
you, and that you are right for the position?—if you
accept a job that turns out to be a mistake, you will
carry that decision with you on your résumé. Carefully
consider the offer, but don't take too long; companies
normally want to know your decision as soon as possible.
If you show indecisiveness you may "lose your
shine" or the offer may be rescinded.
The new funding brings Amazon's total investment in Anthropic to $8 billion, while maintaining the e-commerce giant’s position as a minority investor, according to Anthropic. The partnership was launched in 2023, when Amazon invested its first $4 billion round in the firm.
Anthropic’s “Claude” family of AI assistant models is available on AWS’s Amazon Bedrock, which is a cloud-based managed service that lets companies build specialized generative AI applications by choosing from an array of foundation models (FMs) developed by AI providers like AI21 Labs, Anthropic, Cohere, Meta, Mistral AI, Stability AI, and Amazon itself.
According to Amazon, tens of thousands of customers, from startups to enterprises and government institutions, are currently running their generative AI workloads using Anthropic’s models in the AWS cloud. Those GenAI tools are powering tasks such as customer service chatbots, coding assistants, translation applications, drug discovery, engineering design, and complex business processes.
"The response from AWS customers who are developing generative AI applications powered by Anthropic in Amazon Bedrock has been remarkable," Matt Garman, AWS CEO, said in a release. "By continuing to deploy Anthropic models in Amazon Bedrock and collaborating with Anthropic on the development of our custom Trainium chips, we’ll keep pushing the boundaries of what customers can achieve with generative AI technologies. We’ve been impressed by Anthropic’s pace of innovation and commitment to responsible development of generative AI, and look forward to deepening our collaboration."
Specifically, the new global average robot density has reached a record 162 units per 10,000 employees in 2023, which is more than double the mark of 74 units measured seven years ago.
Broken into geographical regions, the European Union has a robot density of 219 units per 10,000 employees, an increase of 5.2%, with Germany, Sweden, Denmark and Slovenia in the global top ten. Next, North America’s robot density is 197 units per 10,000 employees – up 4.2%. And Asia has a robot density of 182 units per 10,000 persons employed in manufacturing - an increase of 7.6%. The economies of Korea, Singapore, mainland China and Japan are among the top ten most automated countries.
Broken into individual countries, the U.S. ranked in 10th place in 2023, with a robot density of 295 units. Higher up on the list, the top five are:
The Republic of Korea, with 1,012 robot units, showing a 5% increase on average each year since 2018 thanks to its strong electronics and automotive industries.
Singapore had 770 robot units, in part because it is a small country with a very low number of employees in the manufacturing industry, so it can reach a high robot density with a relatively small operational stock.
China took third place in 2023, surpassing Germany and Japan with a mark of 470 robot units as the nation has managed to double its robot density within four years.
Germany ranks fourth with 429 robot units for a 5% CAGR since 2018.
Japan is in fifth place with 419 robot units, showing growth of 7% on average each year from 2018 to 2023.
Progress in generative AI (GenAI) is poised to impact business procurement processes through advancements in three areas—agentic reasoning, multimodality, and AI agents—according to Gartner Inc.
Those functions will redefine how procurement operates and significantly impact the agendas of chief procurement officers (CPOs). And 72% of procurement leaders are already prioritizing the integration of GenAI into their strategies, thus highlighting the recognition of its potential to drive significant improvements in efficiency and effectiveness, Gartner found in a survey conducted in July, 2024, with 258 global respondents.
Gartner defined the new functions as follows:
Agentic reasoning in GenAI allows for advanced decision-making processes that mimic human-like cognition. This capability will enable procurement functions to leverage GenAI to analyze complex scenarios and make informed decisions with greater accuracy and speed.
Multimodality refers to the ability of GenAI to process and integrate multiple forms of data, such as text, images, and audio. This will make GenAI more intuitively consumable to users and enhance procurement's ability to gather and analyze diverse information sources, leading to more comprehensive insights and better-informed strategies.
AI agents are autonomous systems that can perform tasks and make decisions on behalf of human operators. In procurement, these agents will automate procurement tasks and activities, freeing up human resources to focus on strategic initiatives, complex problem-solving and edge cases.
As CPOs look to maximize the value of GenAI in procurement, the study recommended three starting points: double down on data governance, develop and incorporate privacy standards into contracts, and increase procurement thresholds.
“These advancements will usher procurement into an era where the distance between ideas, insights, and actions will shorten rapidly,” Ryan Polk, senior director analyst in Gartner’s Supply Chain practice, said in a release. "Procurement leaders who build their foundation now through a focus on data quality, privacy and risk management have the potential to reap new levels of productivity and strategic value from the technology."
Businesses are cautiously optimistic as peak holiday shipping season draws near, with many anticipating year-over-year sales increases as they continue to battle challenging supply chain conditions.
That’s according to the DHL 2024 Peak Season Shipping Survey, released today by express shipping service provider DHL Express U.S. The company surveyed small and medium-sized enterprises (SMEs) to gauge their holiday business outlook compared to last year and found that a mix of optimism and “strategic caution” prevail ahead of this year’s peak.
Nearly half (48%) of the SMEs surveyed said they expect higher holiday sales compared to 2023, while 44% said they expect sales to remain on par with last year, and just 8% said they foresee a decline. Respondents said the main challenges to hitting those goals are supply chain problems (35%), inflation and fluctuating consumer demand (34%), staffing (16%), and inventory challenges (14%).
But respondents said they have strategies in place to tackle those issues. Many said they began preparing for holiday season earlier this year—with 45% saying they started planning in Q2 or earlier, up from 39% last year. Other strategies include expanding into international markets (35%) and leveraging holiday discounts (32%).
Sixty percent of respondents said they will prioritize personalized customer service as a way to enhance customer interactions and loyalty this year. Still others said they will invest in enhanced web and mobile experiences (23%) and eco-friendly practices (13%) to draw customers this holiday season.
The practice consists of 5,000 professionals from Accenture and from Avanade—the consulting firm’s joint venture with Microsoft. They will be supported by Microsoft product specialists who will work closely with the Accenture Center for Advanced AI. Together, that group will collaborate on AI and Copilot agent templates, extensions, plugins, and connectors to help organizations leverage their data and gen AI to reduce costs, improve efficiencies and drive growth, they said on Thursday.
Accenture and Avanade say they have already developed some AI tools for these applications. For example, a supplier discovery and risk agent can deliver real-time market insights, agile supply chain responses, and better vendor selection, which could result in up to 15% cost savings. And a procure-to-pay agent could improve efficiency by up to 40% and enhance vendor relations and satisfaction by addressing urgent payment requirements and avoiding disruptions of key services
Likewise, they have also built solutions for clients using Microsoft 365 Copilot technology. For example, they have created Copilots for a variety of industries and functions including finance, manufacturing, supply chain, retail, and consumer goods and healthcare.
Another part of the new practice will be educating clients how to use the technology, using an “Azure Generative AI Engineer Nanodegree program” to teach users how to design, build, and operationalize AI-driven applications on Azure, Microsoft’s cloud computing platform. The online classes will teach learners how to use AI models to solve real-world problems through automation, data insights, and generative AI solutions, the firms said.
“We are pleased to deepen our collaboration with Accenture to help our mutual customers develop AI-first business processes responsibly and securely, while helping them drive market differentiation,” Judson Althoff, executive vice president and chief commercial officer at Microsoft, said in a release. “By bringing together Copilots and human ambition, paired with the autonomous capabilities of an agent, we can accelerate AI transformation for organizations across industries and help them realize successful business outcomes through pragmatic innovation.”