Global Sourcing a Way to Reduce Manufacturing Costs

Global Sourcing a Way to Reduce Manufacturing Costs available to all sizes of manufacturers.

Economy in Yo Yo mode for next year opined by a TEC Advisory Group

Economy will still be in yo yo mode for the next year opinion of a TEC Advisory Group in Vancouver, BC

Xenon Pharmaceuticals CEO Interview on Canada’s Reduced Funding Part 2

Part 2:  Simon Pimstone, President & CEO of Xenon Pharmaceuticals Interview
As a large part of the life sciences group in BC Simon Pimstone met with Liberal leader Michael Ignatieff on life sciences and explained the issues of funding, and you would think that it would fit in with Ignatieff’s desire to build a larger knowledge [...]

Best Practices for Buying Goods & Services

According to the BDC small medium sized businesses spend 45 to 65% of their revenue on purchasing materials and services.  This large percentage of the total costs of a business means that small savings, even 1% can mean instant addition to the bottom line but in today’s economy you can achieve even greater savings in [...]

Polaroid Auctioned Off to Patriarch Partners with $59.1 Milln bid

Polaroid known as a maker of instant cameras and film was finally auctioned off for $59.1 million in a bankrupty protection.  This famous company had come upon hard times, but it’s interesting to note that the price tag was for the intellectual property, company, and digital and hard film collection.
Question is that does Patriarch think [...]

CEO Hint #2: 5 Things to Improve Your Cash Flow

Cash flow is important anytime, but especially in today’s economic environment of tighter credit.  We know today that the credit crunch has affected the economy and that banks are now able to pick and choose who they extend credit to, how much credit they extend, what conditions they extend it to, and how they can [...]

CEO Hint #1: 5 Things to Conserve Your Cash Flow

Cash flow is one of the most important things to keep an eye on at any time, but especially in difficult economic times.    Think about suppliers to Nortel and the auto industry wanting to get paid earlier than usual and you understand how these suppliers are trying to stay on top of their cash [...]