Tuesday, October 9, 2007

CH 2: Last 5 Flatteners (Part 2)

6: Offshoring
I learned that "offshoring" is not only just a hidden bank account in the Cayman Islands, BUT when a company physically moves or sets up a plant to another country to manufacturer. Good to know! I liked the African Proverb the Chinese manufactur erposted once China joined the WTO: "When the sun comes up, you better start running."

7: Supply-Chaining
Wal-Mart is definitely the top dog when it comes to how to successfully manage a supply chain. Unfortunately, it seems they are beginning to abuse their power. On another note, it was interesting people in Florida during hurricane season like to buy Pop Tarts (my fave is Brown Cinnamon), Beer (Budweiser), and hand-held games (PSP).

8: Insourcing
Who knew UPS was that involved in company operations and logisitics. I'm seriously thinking of buying a Toshiba computer next time around, as I know that UPS will actually fix it and I can get it back in 3 days. I liked the term UPS coined for themselves "synchronized commerce solutions" as it sounds slick and is true on what they do.

9: In-forming
Google is my homepage. As it should be yours. It's the best site ever. Whatever you want, whatever you need, is only one click away. Mark Twain's quote "Always tell the truth, so you don't have to remember what you say." is GREAT advice. Especially in this Google age. Whatever you do is going to be on the Internet (well, not everything). So just be careful.

10: The Steroids
Mobile phones are the coolest thing ever and are only going to get more fancy and important to our everyday lives. I like the SKYPE shoutout Friedman had in the middle of this section. I may try SKYPE in the future, but for now I'll stick with T-Mobile.

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