• What is worth more, raw material or finished product?

    by David Schneider | Aug 23, 2016
    Oil, like any commodity, has different prices. Prices vary according to the grade and location of the stock. Oil chemistry plays a huge part in the refining process, and the yield of finished products from a given barrel of crude. Don’t assume that oil from Saudi Arabia costs the same as oil from Canada. Some knowledge of the world of commodities trading might help dispel this myth. Market price is not necessarily reflected in the deal a large refiner will actually strike with a crude...
    Full story

  • What is worth more, raw material or finished product?

    by David Schneider | Aug 23, 2016
    Oil, like any commodity, has different prices. Prices vary according to the grade and location of the stock. Oil chemistry plays a huge part in the refining process, and the yield of finished products from a given barrel of crude. Don’t assume that oil from Saudi Arabia costs the same as oil from Canada. Some knowledge of the world of commodities trading might help dispel this myth. Market price is not necessarily reflected in the deal a large refiner will actually strike with a crude...
    Full story
  • What is the value of time?

    by David Schneider | Aug 22, 2016
    There are very few assets that you can build or buy by investing only time. In all cases some form of money is involved in a business project. We use the expression "invest time" so much that the meaning becomes vague. When we work with an employee mentoring their career skills, we often say that we are investing time. In fact, we are spending time, both theirs and ours. For their time we spent the company's money, in the form of payroll. For our time, if we are an employee of the company, we...
    Full story
  • “Friends: It isn’t just business, it’s personal.” – From Emotion to Proof

    by Pasquale Scopelliti | Aug 19, 2016
    Two for each other against one apart. What has our mathematics given us? It gives us the transition from emotion to proof. It takes a certain strategic genius to isolate your world down to such tiny parameters, with such black and white clarity. But, the tactics here open the door. Let’s look at a couple of tactical situations to see what we find. First, you’re serving a large firm where the HR insists on all communication going through them, and has gone so far as to prohibit your...
    Full story
  • Urbanization

    by David Schneider | Aug 16, 2016
    If you graduated from a US high school in the 1970s, the odds are high that you attended a suburban high school. By the end of the 1970s the migration of populations out of the cities into the suburbs had reached its peak. The people who wanted to move from the central areas of the major US cities — and who could afford to — did so. People who moved from rural to the metro areas settled in the suburban areas. The America of the second half of the 20th century sub-urbanized into...
    Full story
  • Using the Small Numbers

    by David Schneider | Aug 15, 2016
    Is a 1% gain ever good enough? How about 1/10 of 1%? A few months ago I discussed opportunities to improve cash flow with a potential client. This procurement officer really wanted to make a name for herself, so she wanted to create a project that would produce some eye-popping results (her words). Even as a medium-sized company, cost of goods acquainted to roughly $700 million. I suggested to set a goal of improving cost of goods by 1% within the initial project. “One percent?” she...
    Full story
  • “Friends: It isn’t just business, it’s personal.” – Gifts

    by Pasquale Scopelliti | Aug 12, 2016
    Posted originally on LinkedIn 12/20/10 What kind of Scrooge must I be, talking about politics and what not the week before Christmas? I hope I’m more like the reformed Scrooge after his three trips than you might at first imagine. Here’s my point: There is no gift you can ever give yourself that could ever equal what you get by giving your heart, your trust and the actions that attend to your friends at work. Don’t get me wrong, please, I work in order to provide for my...
    Full story
  • Transportation Strategy - MODE

    by Mike Starling | Aug 11, 2016
    A key part of any transportation strategy is deciding what Transportation MODE to utilize in any given Origin-Destination shipping lane. Mode choices are finite—road, rail, air, water, (and pipeline if you need it). Mode selection will take into account the product to be shipped, delivery timing requirements, freight expense, assessorial services required, and business or customer delivery specifics. While each Mode has an inherent advantage (i.e., the type of shipment it is best suited...
    Full story

Archives

Search over 900 different articles, and growing.  Posting a new article every business day.

<August 2016>
SunMonTueWedThuFriSat
31123456
78910111213
14151617181920
21222324252627
28293031123
45678910
Supporter of OpEx Society