My Blog

My Blog

February 2011

“Good times, bad times . . . you know I’ve had my share”

Posted on Friday, February 04, 2011 2:46 PM

That Led Zeppelin song keeps resonating in my head when I think about the economic conditions that drive a Buyer’s Market vs a Seller’s Market.

Being in the Procurement profession for a significant portion of my career, I’ve seen a number of both – relishing in the good times. Buy-downs, Savings and Value-Added Reports were relatively easy and the performance rewards, well . . . “Life was good”!

During the bad times, however, well we all know what that’s like – Tums, Ambien and/or the additional Martini at (not so) Happy Hour.

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The Speed of Lightning

Joe Nihill: Posted on Tuesday, February 01, 2011 1:36 PM

Ever wonder how fast lightning travels? Did you ever care? The USA Department of Energy gives the speed of lightning as 93,000 miles per second, which maybe a 'rough guide' figure based on the 'half the speed of light' principle!

In business, we are all familiar with the term Efficiency Optimization. This is a non-stop effort aimed at continually improving performance of a given process, function or procedure. The general goal is to have things moving "lightning quick" thereby saving time, money or whatever other metric you are focused upon.

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