What do General Motors, Intel, 3M, Johnson & Johnson, Apple, Google, Facebook and Twitter have in common? Beside being textbook American success stories, they are all torchbearers of true, groundbreaking innovation – whether it's technology, supply chain, business model or any combination of those. But more than that, they are all legitimate creators of new industries.
Yet when you look at the relative contribution of these companies to U.S.
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More Businesses Turn to ‘Near-Sourcing’ to Save Time and Money | Entrepreneur.com
Entrepreneur.com (Carol Tice) – Gary Castelle, president of specialized apparel company Magnum Plastics in Greenwood Lake, N.Y., used to buy shipping boxes from a major national supplier in Pennsylvania to ship his wares to customers, but he quickly became dissatisfied with the arrangement. The bulky cardboard boxes were pricey to ship and were sometimes damaged in transit. What’s more, the supplier’s customer service wasn’t the greatest.
In late 2011, Castelle started searching for a better option closer to home, and sure enough he located a small vendor with a better price right in his own town. Now, instead of waiting for a delivery, he loads his dog into his truck and makes a 40-minute trip to Dauson Container in Franklin, N.J., which saves him about $100 on shipping costs each time. The switch has also resulted in more business.
Forbes (George Anders) – LinkedIn has upended corporate recruiting in the past decade, allowing talent scouts to scour a vast database of 200 million people’s career profiles. That was just the start. Now LinkedIn has created algorithms that might do the sorting even more nimbly. The result: a digital cheat-sheet for recruiters, called: “People You May Want to Hire.”
Fruits of the new algorithms won’t be visible to ordinary users of the workplace social network, who get a basic service for free. Instead, the latest offering is aimed exclusively at LinkedIn’s best customers: the 16,400 enterprises that buy LinkedIn’s top-of-the-line profile-searching system, known as Recruiter. In a San Francisco briefing today, LinkedIn executives explained that they are about to roll out an updated version of Recruiter, with “People You May Want to Hire” as a prime example of what’s new…
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