Posted on 12/07/2021 12:28:37 PM PST by ChicagoConservative27
Seventy-five percent of small businesses are being pounded by the supply chain crisis and thirty-year high inflation, a CNBC survey revealed Tuesday.
While many big businesses have expanded their profit margins in the face of supply chain woes and inflation, small businesses are struggling to serve their local communities.
(Excerpt) Read more at breitbart.com ...
Let’s Go Brandon!
Why?
Order farther in advance, and don’t change your markups, just pass along the price increases proportionally. Anyone still doing JIT supply chain at this point should be fired, and if it’s not them then fire the accountants too. If you inventory far enough in advance you’ll beat one or two price increases and increase your margins by decreasing your costs by the point of sale
The Biden Admin working with the Chinese Communist Party
Sorry if this is shallow, but I don’t think I’ve ever seen that much of her body in a picture. Hubba. That is to say, hubba.
And, she looks like she could kick some ass in a fight. Farm girls grew up throwing hay bales and carrying buckets.
Only 75%? The other 25% must not have ordered any new stock in the last year.
Yea, nice idea. it ain’t that easy.
An organization I work with placed their year end orders over six months ago. The stock is on a ship tied to a US dock but it’s still going to take another month to clear customs and get delivered.
There was no realistic way to anticipate the level of failure and incompetence Biden has brought to America.
Our procurement system is incredibly complex and just to say to eliminate JIT is not the right answer.
The overwhelming majority of companies don’t do strict JIT. Many do JRO (Just Ran Out) but they did that knowing that their suppliers were able to make it work for them.
My job is in the manufacturing realm. I don’t work in supply chain but know enough to be dangerous.
Say a product requires 15 raw materials, packaging, boxes, tape for the boxes, labels, pallets etc. Now suppose that you cannot get one raw material. At that point, you’re stuck It’s that complex.
Six months ago, that raw material was always readily available and suddenly it’s not.
lol @ JRO
Just ran out!
I’ve never heard that term before. That’s even worse than Just in time. No prediction or estimation necessary. I’m guessing you wont find JRO officially in very many policy manuals.
Not every company (especially very small businesses) has ridiculous amounts of cash or credit on hand for your utopian scenario.
No. It’s a term I made up. I used to deal with customers who would pull the Just in time argument.
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