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> When you're selling that kind of volume, you're not doing it without algorithmic help. These companies have been profitable for a long time prior to now. Why
by inetknght 9y ago
> When you're selling that kind of volume, you're not doing it without algorithmic help.
These companies have been profitable for a long time prior to now. Why is it that they suddenly need algorithmic help?
- ethbro 9y agoI'd be very surprised if their net margins haven't shrunk, comparing 50 or 100 years ago. If you're running a < 5% net profit margin, as most of these businesses are, then 1.5% inventory shrink (approx average) is a pretty big deal.