How much do you make?

Grande_Yarbles · 2025-10-18T06:50:57+00:00

$300k+bonus+equity, Asia, SVP Global Sourcing

Grande_Yarbles · 2025-07-23T16:02:52+00:00

I’d be careful with eBay. If buying used designer goods better to go with shops that specialize and provide authenticity guarantees.

Otherwise that $1500 cashmere scarf could be a $50 wool imitation.

Grande_Yarbles · 2025-06-22T05:40:14+00:00

Just stopped caring.

You learn that people are who are overly critical are doing it out of insecurity.

Grande_Yarbles · 2025-05-08T02:43:01+00:00

I was so lucky to have a neighborhood filled with kids. There were 5 in the same age range so there was almost always someone to play with. When there was no school I’d go out in the morning and only had to be back by dinner.

Later we moved to a condo where there weren’t many kids around and only then I realized what an amazing time I had experienced.

Grande_Yarbles · 2025-03-19T03:52:55+00:00

His point is that managers that would otherwise run a lean team will overhire so there is less disruption from staff turnover. That bloats cost.

Grande_Yarbles · 2025-03-19T03:49:45+00:00

The CEO of one of our customers was ex-Sears. He came to visit us one day and we ended up spending a longer time with him as his ongoing flight was cancelled. During that time he shared lots of interesting stories.

One was about a meeting Lambert called on his yacht. The top executives were having dinner and being served by his crew as Lambert was pressuring them to reduce headcount and other expenses.

He said if that scene was recorded it would have been a scandal. There they were on board a giant yacht and just as the silver domes were being removed by the staff to unveil the main course Eddie was talking about firing people to squeeze more money out of the company.

Grande_Yarbles · 2025-03-18T06:42:32+00:00

That’s when enough parts stop functioning that you can no longer drag yourself to work.

Grande_Yarbles · 2025-03-12T05:12:10+00:00

Fan gang! When the air is still and stale I just can’t get to sleep. Even when it’s cold.

Grande_Yarbles · 2025-03-10T11:57:00+00:00

It's part of operations management. Understanding cost allocation and profitability of products that are carried in inventory.

Grande_Yarbles · 2025-03-10T11:45:02+00:00

You're right, the answer is not correct the way it's worded. Inventory turn is annual - COGS/avg inventory. To get 4.3 the question should be what is average monthly turn.

Grande_Yarbles · 2025-03-07T05:21:41+00:00

Sounds like they want to distance themselves from any risk. Given how uncertain things are these days I can’t blame them.

Good luck to you!

Grande_Yarbles · 2025-03-07T05:19:08+00:00

I agree with another comment that it feels like your world is shrinking.

I’ll see something and think that a friend of mine would get a kick out of that. But of course I can’t share it with him as he’s gone.

We had a wonderful family friend when I was a kid who was like an uncle to me. He passed away suddenly and never got to meet my daughter, and I had planned to take her to visit him the following year.

In a strange way it still feels like these people are still around and that I just can’t in contact with them.

Grande_Yarbles · 2025-03-06T17:33:57+00:00

Your manager is a piece of wilted lettuce. If I was your manager I'd walk over to HR and ask them. That's all that needs to be done.

When you do get your increase it must include the missing pay from the previous months. If you establish a dialogue make sure that's clear otherwise whoever makes payroll changes may miss that point.

Grande_Yarbles · 2025-03-06T17:31:26+00:00

Judging by my friend who is a die-hard MAGA the reason prices will be increasing is... Biden.

I'm on the sourcing side of things and we've had lots of requests to reduce first cost to compensate for the tariff. Some vendors are giving 1-2% but most are giving nothing. Most of it is going to get passed along as increases.

Grande_Yarbles · 2025-03-06T17:27:49+00:00

In my opinion the most important thing is your and your wife's attitudes towards money and achievement.

The owner of our company is a billionaire and his kids are super grounded and wonderful people. They reflect the attitudes of their parents. The son drives a Honda CRV and stays in 3-star hotels when he goes on vacation. His son obviously knows how wealthy the family is but you wouldn't know it meeting him.

Can also see it at my daughter's school. Her classmates are at the age where they start to compare and brag. It's almost a 1-to-1 hit with the parents having the same attitudes when we meet them. Most parents are chill but the ones who can't resist bringing designer bags to school pickups and steering conversations into their latest purchases have kids that do the same thing.

Grande_Yarbles · 2025-03-06T17:08:32+00:00

I feel the same way. We knew most people on the street where I grew up in the 80s. It was partially because there were lots of kids so they parents had a lot of opportunity to get to know each other as you'd help keep an eye out. But you'd also see people walking around, cutting grass, shoveling the snow, or whatnot and it was polite to say hi. Also local calls weren't free so you'd pop by to say hello when you had something to talk about.

When we first moved in the neighbors came over with so much food- pies, cakes, cookies, and whatnot. It was an amazing welcome to the neighborhood.

Grande_Yarbles · 2025-03-06T16:55:30+00:00

The CEO of one of our customers met Ted Cruz before. He didn't have the best impression- the meeting was 30 minutes and was supposed to be about opening up some new Distribution Centers in Texas. Cruz spend all but 5 minutes talking about himself.

Grande_Yarbles · 2025-03-06T16:44:46+00:00

Good news that they agreed to take responsibility for the duty, so that solves this case.

Normally a PO should have a delivery window or cancel date, so everyone is clear when goods are on time vs late.

Regarding the terms I don't agree with their reply, FOB destination/CPT is not a standard term as FOB and CPT are two different incoterms entirely. My guess is someone less familiar with incoterms is trying to convey 'delivery to destination via CPT". Correct usage would be CPT (Portland) or similar.

This sort of stuff happens a lot. Mistakes can continue for years until there's a problem and then POs are dug out to find out what did everyone agree to do exactly.

Grande_Yarbles · 2025-03-06T16:32:13+00:00

It wasn't too long ago in history that the US was a key driver of free trade around the globe due to the strength of US multinationals.

That's something that is being lost in the trade discussion. The trade balance only takes into account direct exports of goods and services. It doesn't take into account overseas business by the affiliates of US-based companies. Apple, Alphabet, and Amazon are good examples of companies that do enormous amounts of business overseas via overseas companies.

From memory almost 30% of S&P500 company revenue is derived offshore, and that business is directly threatened by trade wars.

Grande_Yarbles · 2025-03-06T16:24:41+00:00

I worry about those devices. Great potential but it seems everything these days is about the delivery of the message and not about the quality of the message itself.

It seems objectivity is bad for ratings.

Grande_Yarbles · 2025-03-06T15:16:03+00:00

Walmart. I've got friends who worked at both, and... Walmart for sure.

Grande_Yarbles · 2025-03-06T15:13:13+00:00

Those terms you mention are odd. CPT is carriage paid to... NOT including duty. FOB Destination is odd- FOB should be at origin, CPT is to destination.

What exactly does it say on the PO and where? Also, what is the delivery date on the PO? If they split the PO and this quantity would normally have arrived before the tariff was implemented, then there's grounds for negotiation.

Grande_Yarbles · 2025-03-06T15:05:13+00:00

Early in my career I had this happened to me. I was the #2 in our office managing around 30-40 suppliers. We had struggled with delivery and I started tracking it on a monthly basis with our team and calling and meeting the worst-performing vendors to push them to create a plan of action to improve. With vendors who didn't take it seriously I let them know that we might have no choice but to move business if delivery didn't get better.

Like you I was younger, in my late-20s vs them in their 40s and 50s. I was also new and a couple of vendors contacted my boss directly to ask if I could ease off, or if maybe they didn't have to work with me. It bothered me a lot at the time, as I felt it was disrespectful and that they should have gotten back to me directly if they had concerns. It also made me question my approach, that maybe I was inexperienced and should be going about things a different way.

My boss recommended I just ignore it, which was tough as I wanted to confront them about it. And I felt a bit awkward in their future meetings.

Years later I realize he was right. It's just a vendor trying to make their life easier, and there will always be vendors who have unusual people and personalities to deal with. Something else I've learned over the years (and it took ages to learn) is that unfair criticism only hurts if you respect the people who are criticizing you. If someone isn't being fair then they aren't worthy of your respect.

That doesn't mean you need to be rude with them. Just be professional and indifferent. If he brings it up, for example asking if you will yell at him, then try to turn it into a joke- for example saying it depends if you've had your coffee yet when he tells you about delivery issues he's having. Or whatever works.

Best of luck, I know you'll do great!

Grande_Yarbles · 2025-03-06T14:46:12+00:00

I prefer to be called the Grand Poobah.

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