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When I was a child, one of my favorite movies was “The Wizard of Oz.” What an amazing piece of work it was, with music that remains timeless. I will never forget how, whenever Walt Disney announced that it would be showing this classic, I could hardly contain myself until the day arrived. My whole family would gather around our cabinet-model television that looked more like a chest freezer than a TV, and woe to anyone whom dared speak once the show began. I will never forget how much my family enjoyed the show―and still does to this day. They certainly don’t make them like that anymore.
I spend a lot of time these days thinking about our industry and where it is headed. I must confess, I have some very serious concerns about what I see going on, which makes me wonder about the future of our industry and the legacy we will leave for the next generation.
No matter what you call them—RFQs, RFPs, online auctions, reverse auctions or bids—they all spell bad news for the adhesives and sealants industry. These exercises will ultimately do irreparable harm to the industry as a whole.