Slow Start for Henry Miller
Herman Miller Inc. reported that as of this year’s fiscal quarter, their shares have declined below analyst estimates and are guided for first-quarter profit below expectations. Shares fell $3.01, or 8.6 percent, to $31.96 in heavy afternoon trading. The shares have ranged from $25.77 to $40.79 over the past year.
Analyst Thompson Financial polled that the office furniture designer and manufacturer beat expectations for profit per share, but revenue of $485.3 million was below the $497.5 million. Herman Miller also guided for fiscal first-quarter profit between 47 cents per share and 53 cents per share, compared to analyst consensus of 57 cents per share.
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August 19, 2006Amazing Innovations’ Back Sling
A revolutionary new lumbar health product is happily unveiled by the the country’s leading product development and invention licensing source, Amazing Innovations. The pioneering Back Sling feature is a simple and economic product substantially reduces lower-back pain caused by upright sitting. Amazing Innovation’s specifically designed office chairs are tested and endorsed by Logan University College of Chiropractic, obviously meaning that the product is highly effective.
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August 18, 2006Feminine Office Furniture
Female entrepreneurs are fast increasing in numbers as startup businesses all across the United States are significantly being managed by women. With this development, offices are now getting a makeover. Gone are the days of bulky and monolithic office furniture but sleek and stylish furniture is now becoming the standard.
In light of these facts, most furniture retailers are vying for the ladies’ corner offices by expanding furniture lines and designing new products with a feminine flair.
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August 17, 2006Duke Surplus Key Plans – Part 2
In line with this, sustainability becomes a result of Duke’s strategic goal. Nothing will go to waste if they find a use for it especially those that are still in good condition.
Office furniture like office desks or office chairs that have not been used can be donated and Duke will find a place for them whether locally or internationally. They even accept medical equipment and supplies that have not been used in medical procedures and those will be donated to Dukes Global Health PLUS (Placement of Life-changing Useable Surplus) and this will go to health programs all over the world. This program facilitates the organization of surplus office furniture and medical equipment donation.
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August 16, 2006Duke Surplus Key Plans – Part 1
Using surplus materials help in many ways like saving our environment, spending budget economically and wisely on quality products. More and more organizations engage in the use of surplus materials, and the donation of secondhand furniture to non profit institutions. This kind of undertaking has helped a lot in our community, whether you’re a profit or non profit group.
Duke University ,a private research university located in Durham , North Carolina which sells surplus equipment, will venture into donating usable furniture beginning July 1, 2007. This new program aims to donate surplus Duke equipment to non profit institutions and not only will they cover local areas but they plan to go global as well. Other items they will donate include computers, medical and research equipment and other property materials.
Duke has been in the business of selling surplus furniture for ten years now. Yet they chose to introduce this new program which will supervise the donation of surplus material to the community. Currently, coordinators are getting in touch with interested parties and giving them information on how to go about sending their old office furniture and other equipment.
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August 15, 2006Steelcase Inc. is Skyrocketing
Steelcase Inc., a company that creates designs and makes furniture and technology products, announced the declaration of a quarterly cash profit allocation of $0.15 per share to be given to its stockholders on or before July 16, 2007. The Board of Directors also granted the company’s share repurchase addendum by $100 million.
Founded in 1912 and headquartered in Grand Rapids , Michigan , Steelcase is a global leader when it comes to office furniture. It provides and designs innovative products in North America and other locations all over the world. They offer a variety of products from file cabinets, bins and shelves for storage to office chairs and office desks, wood or non-wood, for all types of businesses. They also offer an array of textiles and upholstery, drapes, panel fabrics and even tables whether for cafes or for conferences. In addition, it also provides interior architecture products and infrastructure products like beams, walls and doors, and power cabling.
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August 13, 2006Versa Does Custom Furniture – Part 2
LCD monitor arms come on several different models and are attached to the back of the computer monitor, allowing it to be mounted someplace other than the desktop. This design allows the monitor arms to to be mounted someplace other than the desktop. Additionally, aside from creating more desktop writing space, the LCD monitor arms are able to allow other people to see the LCD screen without having to get up and stand behind the user. The arms can be rotated and tilt according to a seat mate’s preference.
“Due to the configuration of these tables, we knew the kids wouldn’t have much floor space for their books and backpacks without the chairs of other students rolling over them all the time,” Christopher Stormer explains. “So we added shelves under the desk where they could store their things without stepping on them. I won’t see it wasn’t a challenge, but our client was happy in the end, and when clients are happy, they come back again and again.”
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August 12, 2006Versa Does Custom Furniture – Part 1
Having adequate space for many activities and functions are essentially important. This is most true for the increasing primary and secondary schools across America. Most of these institutions are gaining students by the thousands every year and suddenly they are faced with problems like overcrowding among many others. Another dilemma that burdens the faculty is the task of finding the appropriate furniture that is to be used inside the classrooms. Desks, chairs, tables and cabinet sizes must be able to accommodate the capacity of the students and must be deliberately measured to optimize the space of room efficiently.
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August 11, 2006Office Furniture Project Management 101-II
After being able to learn about the project management capabilities of your selected office furniture dealer, here is the list of tasks that the Project Manager should be able to accomplish. Or, if in case you have decided to do the office furniture project management yourself, then read twice, and you will be a very efficient project manager in no time.
A Project Manager:
1- should act as the primary contact for all queries or concerns about the furnitures to be ued for this project.
2- should be there during the original planning meeting. This is to note that you know what to expect from the end, given that you specified what you want from the start.
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August 10, 2006Office Furniture Project Management 101-I
Successful office furniture project management has two elements: it must be able to meet both time and budget. Remember that an office furniture project manager should have valuable skills and specific responsibilities. If you were assigned this position, these are few of the things that will help you to get office furniture management done.
However, you may be given another option with project management by your office furniture dealer. Furniture dealerships may vary from case to case. While there are some who have gained reputation by efficient and experienced staff members, there may also be some who have less capabilities and experience to push through with the management of your office furniture. Here are some staff structures of your office furniture dealerships:
1- Some dealers assign their Designer or Product Specifier as the Project Manager. This is possible, and it also happens to work very well, so do not hesitate in going for this option.
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