Survey Says
September 29, 2008
I need to count on my dedicated readers this week to weigh in to discuss the current economic crisis and the upcoming bailout that we are all counting on but seemingly disdain. Here is an excellent article from Sunday’s Boston Globe on the cause and effect of where we are.
Without getting too political, vitriolic, emotional, or vindictive, please let us know how this crisis impacted your business. Your suppliers? Your customers? Oh, and you. Please keep your comments to 50 words or so. I am looking for an instructive and constructive comment on the issues that we are all facing.
Posted by Richard G. Weissman on September 29, 2008 |
Comments (1)
Industries: Strategic Sourcing, Career
September 30, 2008
In response to:
Survey SaysCharles Dominick, SPSM commented:
Hi Richard... Well, as a company, we scrambled to distribute our
cash assets across many financial institutions to ensure that 100%
of our cash is FDIC insured. This required a financial analysis of
which banks to choose and which to avoid. Most people don't think
of applying such a strategic sourcing approach to their choice of
banks - brand recognition and interest rates usually dictate the
choice - but it is something everyone should do.
Advertisement
Advertisement