Breaking News
Comments
Newest First | Oldest First | Threaded View
<<   <   Page 4 / 13   >   >>
kfield
User Rank
Blogger
Re: July Caption Contest
kfield   7/14/2014 4:03:56 PM
NO RATINGS
@SandorD Wow. That's one of those articles where you wonder what people were thinking--you're better off destroying parts than creating some kind of secondary market for them!

SandorD
User Rank
Rookie
Re: July Caption Contest
SandorD   7/13/2014 9:00:41 PM
NO RATINGS
There are some really witty entries which I can't really compete with but I remember hearing an anecdote which fits in with the theme, so I thought I'd share it. I hope I won't be lynched for hijacking the caption contest thread! :-)

It all goes back to about 20 years ago. An old and once prestigious, large electronics company with three letters in its name was slowly marching towards its death. They just didn't know it, yet. Their financial situation looked increasingly dire. It was also at the time when outsourcing was still in its infancy and large companies were still stocking parts and having their own production lines.

The story went something like this:

To reduce the value of inventory on their books, the company instituted a policy that any stock items which were not used up within a certain number of months after purchase, were to be written off and dumped.  However, some enterprising staff member noticed that sometimes perfectly good parts are thrown out in the dumpster and he "rescued" good items and tried to make a bit of money by selling them, where he could.

As it happened, one day, an important order rolled in but it had to be delivered on a very short deadline and the company was scrambling to find all the required parts. In the end, they found all parts, except one which was on a very long lead time. Although, the missing part was of small value even in the required quantity, the order could not be completed without it. If they just hadn't scrapped hundreds of the very same part, a couple of weeks before!!

At this point, the enterprising staff member put up his hand that he COULD get those parts. Backed into the corner, the company agreed and bought the parts which enabled them to complete the order for the customer, get paid and live another day.

It was an unfortunate event for the company already on a financial knife's edge and it lead to questions. Management was angry and they set up a meeting to resolve the situation for the future.

The outcome was that they changed the scrapping policy so that before parts were dumped, they had to be physically destroyed, to stop stuff profiteering from it.

As a post script, later, I was talking to somebody else from the same company who had a different take on the above but I won't let that stand in the way of a good story!

The company itself struggled on for a few more years before eventually going under. I may have another anecdote concerning their demise but I'll save that for a rainy day. ;-)

Wnderer
User Rank
CEO
July Caption Contest
Wnderer   7/12/2014 11:09:36 AM
NO RATINGS
Bob's been really down in the dumps ever since they threw out the old test equipment.

Ecspansion
User Rank
Rookie
July caption
Ecspansion   7/11/2014 5:55:47 PM
NO RATINGS
New employee orientation was going well until....

dt_hayden
User Rank
CEO
Swingline stapler
dt_hayden   7/11/2014 5:45:26 PM
NO RATINGS
Mr. Lumbergh told me to talk to payroll and then payroll told me to talk to Mr. Lumbergh and I still haven't received my paycheck and he took my stapler and he never brought it back .....

DavidL210
User Rank
Apprentice
Talking Trash
DavidL210   7/11/2014 5:20:31 PM
Gordon just loved his new office and a side benefit is that he doesn't have to go to the cafeteria for snacks anymore.

BrainiacVI
User Rank
Manager
Caption
BrainiacVI   7/11/2014 3:15:47 PM
NO RATINGS
They don't have mailrooms anymore, so I'm working my way up from here!

BrainiacVI
User Rank
Manager
Caption
BrainiacVI   7/11/2014 3:14:11 PM
NO RATINGS
So sad when you end up on the trash heap of technology.

JERNEE
User Rank
Rookie
Re: July Cartoon Caption Contest: Let's Talk Some Trash
JERNEE   7/11/2014 3:09:04 PM
NO RATINGS
OK, it's not as pretty, but my car recycles more energy than your hybrid!

TGR0
User Rank
Rookie
Trash
TGR0   7/11/2014 2:28:08 PM
NO RATINGS
They said I was disposable, then they canned me.

<<   <   Page 4 / 13   >   >>


Flash Poll
EE Life
Frankenstein's Fix, Teardowns, Sideshows, Design Contests, Reader Content & More
Max Maxfield

Juggling a Cornucopia of Projects
Max Maxfield
Post a comment
I feel like I'm juggling a lot of hobby projects at the moment. The problem is that I can't juggle. Actually, that's not strictly true -- I can juggle ten fine china dinner plates, but ...

Karen Field

June 2014 Cartoon Caption Winner
Karen Field
13 comments
Congratulations to "Wnderer" for submitting the winning caption for our June cartoon, after much heated conversation by our judges, given the plethora of great entries.

Jeremy Cook

Inspection Rejection: Why More Is Less in a Vision System
Jeremy Cook
3 comments
Albert Einstein has been quoted as saying, "Everything should be as simple as possible, but not simpler." I would never claim to have his level of insight -- or such an awesome head of ...

Jeremy Cook

Machine Fixes That Made Me Go 'DUH!'
Jeremy Cook
21 comments
As you can see in my bio at the end of this article, I work as a manufacturing engineer. One of my favorite things that happens on a Friday late in the afternoon is to hear my phone ring ...

Top Comments of the Week
Like Us on Facebook
EE Times on Twitter
EE Times Twitter Feed

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)