With Amazon refusing to renew Follett’s lease on the Kiva System and college book sales tanking, The powers that be are running out of options on how to keep their state of the art ADC facility open. They have already begun to shift Follett Virtual Books from ADC to FSS in Woodridge, which is the bulk of ADC’s sales during the rush seasons, have cut Management to less than half of what it was at this time last year, and the morale amongst the workforce, well, there isn’t any. And with horrible investments and bad decisions made during the RG era, it is becoming too expensive to keep the doors open in Aurora and the Follett family and it’s shareholders happy. Get out while you still can because Follett is falling faster than the Hindenburg to its ashes.
17 replies (most recent on top)
Thank you Captain Hindsight!
A Follett Family member (HEG CIO) was the driver of the Kiva bots (no longer at Follett and fired by MLS). Everyone makes mistakes and when your SR Mgmt, your mistakes cost much more. The issue is when you find out 4 months after your contract (ADC still being built and no BOTS needed for another six months) that Amazon bought Kiva out, you sink the contract and move to a new technology. Similar is the 20 million dollar debacle with the Oracle Point of Sale trying to be rolled out to the stores for the last 5 years. Follett inked the contract...1 month later Oracle announces it is targeting to EOL (end of life) the version Follett bought with no upgrade remediation path. What did Follett management do...double down and spend even more consulting money to write code for a product that is a true POS.
Its really called common sense. Think about how much in sales is needed to cover a 10 or 20 mil spend on a bad decision.
its official dont lie about the employees please just be honest for once
Amazon moved right next store and said, "Move B*tch, Get Out The Way!" Literally. LOL.
It's time kids - GET OUT! Russell is turning over in his grave. :( Sad times at Follett.
Not the whole Follett cry babies just ADC.. so the ones that want to stay here til the last day and say what am i to do now well you were warned. GET OUT NOW..
Who in upper management & why would they go through with the conference?
100% confirmed by upper management and JS by end of year or sooner!!
And this news flash is from where? Fake news?
Has this been officially announced?
Take the $ and run!! Its over. RIP FOLLETT!!
yup everything changes now we will see if JM or JS will be the director of the merged warehouse
Sad but true.
@T6b8miS-fI nz aint that the truth.
If the family was as smart as they think they are, they would have bought Kiva and made Amazon pay them. Instead they bought Baker & Taylor.
Kiva Bot's were not owned by Amazon when FHEG implemented them. Amazon identified buying out Kiva would be instrumental to their future. That's why Amazon is growing and Follett is dying. Go figure.
And you got this information from?
Can this be a surprise? Who is the brilliant tactician that decided to source the high tech replenishment system FROM THE DEADLIEST COMPETITOR? dumb--ses.