Archives for category: Business

 

As indie music platforms like Bandcamp deteriorate, artists must cater to a single, powerful streaming platform.

Source: Spotify Is Eating the Entire Music Business

If Amazon doesn’t care, I sure do! Welcome back Barnes & Noble.

Barnes & Noble is the US’s largest remaining book chain but, under James Daunt, each of the 600 stores is meant to run like an independent bookstore

Source: ‘Amazon doesn’t care about books’: how Barnes & Noble bounced back | Barnes & Noble | The Guardian

James Daunt, CEO of Barnes & Noble, on the first floor of the massive bookstore, the second largest in the country, at Union Square in Manhattan, New York.

Record spending on manufacturing construction heralds a made-in-the-U.S. rebound, stoked by green-energy incentives and concerns about foreign supply chains.

Source: America Is Back in the Factory Business – WSJ

A cheese plant north of Lansing, Mich., and other new manufacturing facilities tap the well-trained local workforce.

Lessons from the last downturn lead the world’s foremost auto manufacturer to reinvent the production line.

Source: Inside Toyota’s Takaoka #2 Line: The Most Flexible Line In The World – The Drive

A brief, but good article that covers many key points in running a business including:

  • Capital expansion
  • Employee training
  • Managing customer expectations
  • Environmental impact
  • Competition

Enjoy!

The public image of a soggy, disintegrating paper straw is inaccurate, says maker of paper straws

Source: How Do You Make a Good Paper Straw? – Eater

I recently came across this article and was quite surprised. Not surprised that Wal-Mart is pushing suppliers to improve performance, but surprised that this is a new initiative.  The supply chain group at American Airlines, one of the best I have come across, was forcing their suppliers to improve in the areas of On Time Delivery, Early Deliveries, and On Time In Full back in 1999 / 2000.  As a supplier at the time to American, we learned a lot, and improved quite a bit.  If you happen to be a supplier to Wal-Mart, do not despair.  Improving these metrics in short order is very much achievable, without breaking the bank.

Source: Wal-Mart Will Punish Its Suppliers for Delivering Early – Bloomberg

Rindge Leaphart

http://www.linkedin.com/in/rindgeleaphart 

 

Not the longest article, so take the time and give it a read.  While focused on manufacturing in the state of Indiana, the article points out that while low cost manufacturing has moved overseas, there continues to be a need in the US for companies engaged in manufacturing.  Especially those who can get product to market quickly and handle high tolerance manufacturing within highly regulated markets.  I hope everyone enjoys.

 

Source: Manufacturing in America – The Atlantic

Regards,

Rindge Leaphart

http://www.linkedin.com/in/rindgeleaphart
https://rindgeleaphart.wordpress.com/

Source: Can you short Uber? — Quartz

This is a very good article that is worth a read (or two).  Irrespective of whether or not you have an interest in shorting Uber, the article provides insightful data (via good research and great reporting) on the future of vehicle ownership and self-driving automobiles.  Well worth the read!

Rindge Leaphart

http://www.linkedin.com/in/rindgeleaphart
https://rindgeleaphart.wordpress.com/

This post has been on my mind for a while, so I finally decided to sit down at the keyboard and share my thoughts.  Over the years I have interviewed my fare share of candidates.  The roles that I have interviewed people for have ranged from senior to entry level positions.  Irrespective of role, I have seen many candidates trip themselves up in the interview because they were not adequately prepared.  By prepared, I don’t mean having a dossier on the company.  In many cases candidates for both senior and junior level roles, have not completed basic research or just were not prepared.  A few examples include:

  • Not knowing what the company does
  • Not having reviewed the company website
  • Not having read the job description or remember what the job is, even though you submitted a resume and have accepted an in-person interview
  • Not having prepared any questions to ask the person interviewing you
  • Unable to remember (or unwilling to discuss) key accomplishments from you last position

The items above seem like common sense, but I have come across many people who were disqualified because of the aforementioned  items.  I know competition for talent is tough in today’s marketplace, but I don’t think it is too much to expect that people show  up prepared (as well as on time) for an interview.  Also, for folks conducting the interview, please take time to read the candidate’s resume.  Respect goes both ways.

Rindge Leaphart

http://www.linkedin.com/in/rindgeleaphart

Source: The story of the invention that could revolutionize batteries—and maybe American manufacturing as well – Quartz

Interesting article regarding innovation in an area that has stifled many a people for many a year.

 

Rindge Leaphart