Lots of positive stuff and lots of new faces on the board. Ya gotta love it when everybody is jumping in and talking positive, just gotta love. looks like good things are ahead.
You know I just hate to talk about negative stuff, its, well its negative, ya know?
Anyway, I'm not to sure the Viking thing is all that intergrated yet. I think the international piece is doing well, but mostly the former Viking guys are runing that. The opening in Japan went well and they are getting some business, but it will still be next year at least before they turn a profit there. Viking hd several call centers around the counrty, 5 I think, and they are each still run independently of ODP's call centers. Viking had 10 or so warehouses around the country and none of those have been combined with the ODP warehouses. At least not yet.
I actually think that ODP is being very smart in taking this real slow to avoid management conflicts and to avoid some of their better people run for the exits. I just don't think the full synergy that we were promised during the merger has yet to be realized.
But to be positive, and I like being positive, I think there should be a real bang from the inventory programs that they have in place. I was actually surprised that earning were not higher because of it. I mean, if you buy more stuff from a supplier than anyone else in the world, then you can pretty much tell them that you want to be the low cost buyer and that you want it in a certain place in a certain time. And if they don't want to do that then you'll buy that file folder or case of paper from the competitor down the road.
Well, thats way to much for me, and its way past my bedtime, gotta get my beauty sleep at my age, don't you know.
And remember, its only my opinion, so its not worth much.