In evaluating potential vendors, accurately estimating total cost of ownership is critical. Yet, this is often an area where companies don't put the right amount of effort. This tool can help those looking at Warehouse Management Systems get their arms around this key issue.
The TMS is evolving into a logistics platform that can handle all nodes, all geographies and all transportation nodes. It's already talking to other applications in the supply chain, like warehouse management, order management and ERP systems. By adding underlying algorithms, a TMS can now understand the relationship between the cost of inventory and the cost of transportation and come up with an optimal solution to answer those questions.
The best results are achieved by using the right amount of effort in the right place at the right time. And this right amount is usually less than we think we need. In other words, the less unnecessary effort you put into learning, the more successful you'll be... the key to faster learning is to use appropriate effort. Greater effort can exacerbate faulty patterns of action. Doing the wrong thing with more intensity rarely improves the situation. Learning something new often requires us to unlearn something old.
Music is a tool. Lighting is a tool. Power point is a tool. Getting those things right is not the goal. God is the goal. Those are just tools. And we can real easily turn into worshippers of all the tools, rather than remembering that this is simply a tool to get the job done which is to help connect people with God and to help inspire people.
The reason I grew so fast in the supermarket business, without help of the banks in those days, was through my vendors. I convinced my vendors, the companies I was doing business with, if I did more business, they would do more business.
I think there are probably too many asset management companies in the world, and I think the place to be is either big or small. The area where it is probably more difficult to be is in the middle ground, where you've got that cost of regulation, you've got the cost of buying your own research, you've got all the costs of running an asset management company without the benefits of a big income producing asset.
I put a lot of time and effort into the exercise I get, the amount of rest and sleep I get, and the amount I eat. And I think those three things are really kind of my wellness and health foundation.
You can have a whole warehouse full of weapons, but if someone attacks you need to get that weapon fast. If you have to run to the warehouse and look around, you're going to get killed. You're better off with a little backpack of weapons instead of that warehouse.
The key issue when you're looking at cost cutting is to always plan for the future.
I work to create systems that can accurately detect pandemics early, determine their likely importance, and, with any luck, crush those that have the potential to devastate us.
There are companies with management and companies with money. You can always find money. Management is the key to success in any business.
A key part of helping startups is providing them with a G/SCORE that measures a company on the path to sustainability. We score companies from around the world and use Knoodle so they can easily sync video and presentations together for a more effective pitch. We send these pitches to judges all around the world and it's critical that we have a flexible tool that is easy to create, easy to deliver, and effective at letting audiences understand the entrepreneur and their innovation.
Too often, companies focus on systems and structures that facilitate cultural change at the mid-management level, overlooking problems closer to the top.
Music is a powerful tool in galvanizing people around an issue. There's no better way to get your point across than to put it in a beautiful song.
The confidence you need is belief in your potential. If you see world-class potential in yourself, you'll put in the effort. If you don't see the potential, you won't put in the effort and you'll wait for the performance, and the performance always follows the belief in self.
Meanwhile, what about the workers in those state monopolies that are being put up for sale? I am reminded of a technique for employee ownership that has worked well for many U.S. companies. It goes by various names, but the best known is "Employee Stock Ownership Program," or ESOP.
Ma Ying-jeou tends to use cross-strait policy as an election tool and a political tool, too, and my position is that we don't use that as a political tool because that is an issue that is critical and essential to the interests of the Taiwanese people.