Saturday, September 13, 2008

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Thursday, September 11, 2008

Business going Virtual

April 01, 2008 10:41 AM Eastern Daylight Time
More Than 50 Percent of U.S. Companies Want to Go Completely Virtual in the Next Five Years

TIE Commerce survey finds over 70 percent of businesses have already considered taking their business virtual; 60 percent say Internet security has been a factor in their decision

BURLINGTON, Mass.--(BUSINESS WIRE)--An increasingly large number of American companies are considering taking their business completely virtual in five years. A survey of C-level executives at U.S. companies reveals that more than half of these executives (53.4 percent) said they want to shift to a completely virtual company in the next five years.

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Wednesday, September 10, 2008

Digging In

Digging In

With the economy in the pits, companies are leaving no stone unturned in their efforts to cut supply-chain costs.

Randy Myers - CFO Magazine
September 1, 2008


Overwhelmed by rising costs, many companies are realizing that profits don't come easy these days. That's true even when you're sitting on a gold mine. Despite the massive run-up in gold prices (160 percent since August 2003), Kinross Gold Corp. has taken a pickax to a host of supply-chain costs, driving out waste wherever it can. Finance executives in many sectors can relate, as manufacturers, distributors, retailers, and others suddenly realize that with margins under pressure, ideas that once seemed unworkable are now viable.

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