How do you know when you are truly wealthy? Your perception of prosperity will most likely change throughout your life. At the age of 5, being prosperous is having your favorite toys within reach, being able to eat ice cream after dinner, and being allowed to stay up an extra hour later than usual.
We are barely into the new year of 2012 and already it appears the year will be an interesting one. Of course there's the US elections and all the positioning and hyperbole that comes with it. Then there are the rising and falling Internet properties, with LinkedIn, Facebook, Twitter, Google+ all jockying for lead in social media. The continuing increase in retail sales via the Internet doesn't surprise anyone any more, but its growth in this weakened economy may be something to watch closely. And what about those of us concerned with changes in the supply chain?
We're starting to see year end results from 2011. Many look promising but others still show struggles. It seems, from talking with Retailers and Grocers, that they plan to continue implementing the strategies they started mid-2011. As companies continue to look at ways to improve operations to offset the lower sales, an area of growing interest is improved partner collaboration. What does that actually mean to collaborate?
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ec-bp.org recently asked you to provide feedback regarding your view of development costs associated with EDI processes and systems. The results are interesting but not particularly surprising. What is disappointing about the overall results is that the majority of respondents talk about the negative aspects of spending rather than about the potentially enabling technologies they are putting into place.
Finding process efficiency in business is no longer on the wish list, but a mandatory responsibility of management. Even with the great gains that we as an EDI department give to the organization, the mandate to find more cost effective methods in operations has not passed us by. This in turn has lead many EDI teams to utilize third parties to handle some portions of their daily function. In my previous post, I began to discuss outsourcing the mapping function of EDI, and will wrap up with seven strategies that I have found to be useful when managing a third party mapping team.
n my copious free time over the holidays, I managed to knock off a few of the books that had stacked up on me. Although I tend to stick to mysteries, thrillers, spy novels, and stuff like that, I occasionally find a biography that interests me. I couldn’t wait to read the Steve Jobs bio written by Walter Isaacson, and it was a winner. Even if you don’t like Apple products and you may not give a hoot about its recently deceased leader, you’ll still find it fascinating.
Ever wonder how your telecommuting colleagues really live? Turns out, many of them actually do work in their pajamas. They also tend to love their work-life balance – to the point where they’d take a pay cut to maintain the status quo. 
There continues to be confusion around who pays the price for EDI. There are three answers to this based on the definition of the question.
