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Caveat emptor.com
By making it easy to shop around, the new reality of online shopping was supposed to drive prices lower and be easy on the consumer’s pocket. But online seller sharks saw a golden money-making opportunity by taking keen interest in a new type of software that helps them spot wealthy and eager customers – so to…

Managing Expenses in a Six Sigma Way
Many of us have experienced the pinch of money from time to time. We earn a greater income, yet our expenses seem to be proportionally scaling to the same heights, regardless of inflation, cost of living and other exceptions. It’s not just being frugal that can minimize our expenses – money management is just as,…

Manage Your Suppliers’ Internal Defects
As a manufacturer, we want our defects rate to be as close as possible to the “Six Sigma level, 3.4 defects per million opportunities” (DPMO) on products we fabricate. A possibly overlooked key is how we manage our suppliers’ defects; what they do with the recovered contents off the parts we reject and return to…

Where do ideas come from?
ByTED
TED treats us with an inspiring series of 9 heady talks on the nature of ideas, including the thoughts of Steven Johnson, Elizabeth Gilbert, Derek Sivers and Seth Godin. Have you ever wondered how that metaphorical lightbulb goes off? Is an idea divinely inspired, something like a flash of genius? Where do ideas really come from? This fascinating and…

Using Lean to Make Real Change In Your Continuous Improvement Role
My name is Paul. I grew up in the northeast part of the United States, and have spent most of my life here. I went to college in New York and landed my first job right out of school as a process engineer in the Boston area. That was 17 years ago. Today I’m a…

Hunting credit, firms look beyond wary EU banks
Reuters reports that European Union banks have shrunk their loan books by over $5.5 trillion since the global crisis of 2007-08. This, in an attempt to cut risk on their balance sheets, choking off credit to companies and stalling the region’s recovery. As a consequence, businesses hunting credit are now forced to look beyond wary EU banks for…



