Supply chain professionals, take notes: entrepreneurs should be reading books, regardless of their industry
Good morning! It’s a brand new day.
Popular business books are popular for a reason, you know. Entrepreneurs and business owners can gain a lot of wisdom from authors who have been willing to share their struggles and how they've overcome those hardships. The transportation logistics industry is no stranger to either of those… so why not give a book a shot?
Check out today’s featured article from U.S. News to read about how financial experts and book reviewers have come together to choose the top 15 books they would recommend to the next generation of entrepreneurs. ☕️
Merci Beaucoup Thank You GIF By Build Your Dream Network via GIPHY
Featured Article:
15 Best Business Books Every Entrepreneur Should Read | Money.USNews.com
“Entrepreneurs and business owners can find inspiration and practical guidance in these popular business books.”
Water Cooler Topics
💀 Supply chain fraudsters are growing bolder by the day, but the leaders in the industry are working hard to counteract them. The most commonplace occurrence of supply chain fraud is usually organized cargo theft - when cargo is physically removed from a location it is supposed to be. Another growing kind of fraud is via technology, via the manipulation of GPS inside the cab, or targeting companies with phishing scams. These types of crimes can also escalate to forms of blackmail, money laundering, and forged checks. Companies can enhance security by keeping up-to-date with fraud trends and tightening any area of their operations that may lend a pathway to a fraudster taking advantage of the company’s vulnerabilities.
⛏ The United States is toe-to-toe with China over battery metals, countering the latter’s dominance in the industry. President Joe Biden has invoked the 1950 Defense Production Act to further encourage domestic production and refining of lithium and cobalt. These are key materials needed in high-demand products such as handheld technology and electric cars. Currently, China is responsible for almost three-quarters of the global manufacturing capacity of lithium-ion batteries.
🚫 Walmart has struck a deal with the electric-vehicle startup Canoo, but under some head-turning conditions. Canoo agreed to Walmart’s provision to refuse sales of their battery-powered delivery vans to Walmart’s biggest competitor, Amazon. The mega-retailer has agreed to purchase up to 10,000 units of electric vehicles in order to support its green initiatives. The first purchase has begun with a total of 4,5000 vans and Canoo relocated its headquarters to Bentonville, Arkansas in order to be based in the Walmart hometown.
Medical supplies industry turns back the clock to revive pre-Covid supply chain strategies
Despite the ongoing supply chain issues, the medical supplies industry is revisiting the past and implementing supply chain strategies that occurred pre-Covid. Healthcare supply chain issues have been persistent for years, and leaders in the medical supply sector are not surprised that they need to be creative.
Regulatory issues leave many suppliers looking to Washington D.C. for assistance. Legislation can circumvent import checks that create a backlog of products at the border when manufactured overseas. Some manufacturers are looking to move their operations outside of places like China - there are now 971 medical device manufacturing businesses in the United States as of January 2022.
Quote of the Day:
“Life is 10% what happens to us and 90% how we react to it.”
– Charles R. Swindoll, author, educator, and radio preacher
The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for July 31, 2025, from iLevel Logistics Inc.