Xuhua is a dropout from UCLA (PhD program) and has caused Lumber Liquidator’s (“LL”) to drop 2/3 – YES, 2/3 of its market cap (from $3bn to $1 bn) within a year! He noticed a significant increase in their profitability compared to the industry, and…
Are you one of those people that never RSVPs? Even when it can be as easy as the click of a button these days? Have you ever thought about the potential consequences of not sending in a reply, particularly if you do show up? A…
If you have ordered something from Amazon and it was delayed, you may have the political gridlock in Washington to blame. So call your local member of congress and complain loudly. The U.S. Postal Service (USPS) is part of Amazon’s supply chain ……and it cannot…
Thomas Friedman in a recent op-ed discusses the still lingering aftermaths of 9/11. Without getting into the politics of his piece, I think there are very strong corollaries in the business world. The gist of his thesis is that the long term effects of the…
Most of us can look at anything we “buy” on behalf of our company and see that we have opportunity for improvement. We may have too many suppliers, not enough suppliers or not the “right” suppliers. Whatever the situation, as Sourcing professionals it is our…