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Something about this story doesn’t add up. If this were 99% of the manufacturers I know, they would be operating 24/7 right now. Call every available temp agenc
by danvoell 7y ago
Something about this story doesn’t add up. If this were 99% of the manufacturers I know, they would be operating 24/7 right now. Call every available temp agency and load that place up. The only fathomable excuse is if they can’t get enough material. The guy running this company sounds like a politician not a businessman. Edit: not sure why I’m getting downvoted. I’m serious. If this company were near me I would be asking if I could run second shift. In theory this guy is both leaving hundreds of thousands of dollars on the table per day and contributing to our country’s deficiency of equipment while trying to argue for some sort of long term agreement because he has leverage at the moment.
- raincom 7y agoWhy should the company take risk to order new machines, hire employees and train them, only a few months later to reduce the manufacturing capacity? Why should he take risk? If people want it that bad, give that company 10 year contract. I support that company's decision to not take risk, as he was burned before.
- danvoell 7y agoI can understand the machine part, I also wouldn’t order machines or hire long term employees and would only take steps that help my immediate situation. I would hire temp workers and at a minimum be working 7 days a week. Add a pre-order field on your website.
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- beerandt 7y agoRead the story. It's what he did in 2009 and got burned by it. Almost bankrupted him. He's learned his lesson.
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- hilbertseries 7y agoThe situation in 2009 is so far from this, that it’s not even comparable. Face masks are going to be in high demand for the next year or so, probably beyond that because a rollout of the vaccine is going to be slow.
- Zenbit_UX 7y agoI'm sure he's aware, what you're overlooking is that when China starts producing again he's instantly undercut by a 5x margin and history has shown him no one in the US cares about buying American if it means paying more, then he lays off all the workers again and goes out of business.
- wonnage 7y agoSo basically he's a businessman who couldn't figure out how to meet a sudden demand for his product, and his solution is to just ignore it this time.
- Zenbit_UX 7y agoHe's a businessman that learnt his lesson and he's more cautious this time. The article did say he's hiring and trying to scale up but at a sustainable pace.