Word: processes
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Dates: during 1990-1999
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...anxiety adds a national security tweak: fear of China. In 1997, the Panamanian government finalized a rich deal with Hutchison Whampoa Ltd., based in Hong Kong, to run two ports near the entrances to the canal. American-owned Bechtel lost out to Hutchison under a less than transparent bidding process...
...compete or we would get killed," says Marciel. Adaptec couldn't invest the time or money in building its own plant (which on average costs $1.3 billion and requires more than a year to complete), so the company focused on cutting the fat from the communications and ordering processes used with its overseas strategic partners. The system, says Marciel, was built on a complicated and arcane paper trail. Within a year of integrating B2B technology into that process, Adaptec reduced its operations by $2 million, saw a 40% reduction in its product-development time and trimmed its inventory levels...
...form and setting up an IRA. Another alternative is a SEP (simplified employee pension), which allows only the employers to contribute to an employee IRA but has an easy setup. (For more on each plan, see the chart below.) These new plans are a help, but the process can nonetheless be frustrating for someone trying to understand the options and then administer a plan--all while managing a growing business...
...Quad) trudge through knee-high snow banks to watch a game in a stuffy gym or arena. Now, all school spirit entails is a brisk bike ride, jog or power walk across the river for a breezy afternoon in the sun. You even get a tan in the process...
...police, a force of about 100 drawn from local suburbs, arrived at 4:00 a.m. armed with riot gear. They began by forcing about 200 students from the steps of University Hall, clubbing many in the process...