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You’re joking, right? 25% increase in cost of goods sold is the only reason needed to move. I’m the CFO of a small company. We moved production out of China and
by toasterlovin 7y ago
You’re joking, right? 25% increase in cost of goods sold is the only reason needed to move. I’m the CFO of a small company. We moved production out of China and into Taiwan and Vietnam. Despite labor being cheaper in Vietnam, our costs went up by 10%. We moved anyway because 10% < 25%.