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> I didn't see anyone mentioning: alerting the competition Oh huh! Did you read the article?
by MiroF 7y ago
> I didn't see anyone mentioning: alerting the competition
Oh huh! Did you read the article?
- frosted-flakes 7y agoThe article does not include this point. Or if it does, I missed it.
- MiroF 7y agoIt explicitly lists this as a point when providing examples of incorrect reasons "why industry is going green on the quiet." > It refused, not because the innovations were trade secrets, or because it risked losing a cost-saving competitive edge (due to cheap electricity prices, the cost saving amounted to less than 1%)
- robocat 7y ago> the cost saving amounted to less than 1% The figure is doubly misleading: * In a low margin business, 1% cost savings could easily be hugely increased profits. Toyota's profit is about 6% at the moment: changing to 7% would be significant. Many businesses have lower margins. * "Less than 1%" is anywhere between 0% and 1%. I would guess similar savings are being made by other manufacturers.
- MiroF 7y agoPerhaps - nonetheless, it isn't absent from the article
- mikestew 7y agoDid you? Of the many reasons listed, that is not one of them.
- MiroF 7y agoIt's explicitly ruled out as an option > It explicitly lists this as a point when providing examples of incorrect reasons "why industry is going green on the quiet." > It refused, not because the innovations were trade secrets, or because it risked losing a cost-saving competitive edge (due to cheap electricity prices, the cost saving amounted to less than 1%) that is what I was referencing.