3 ms·
Its not progress. Your car plant now needs a truck worth of car bumpers every day, when they take 4 weeks to ship from overseas. Any disruption means that you
by briffle 4y ago
Its not progress. Your car plant now needs a truck worth of car bumpers every day, when they take 4 weeks to ship from overseas. Any disruption means that your whole plant is now idle. But because of accounting rules, it made companies look much better off if they got 2 trucks of bumpers every day, rather than have 28 trucks worth of bumpers sitting in a warehouse. Much more risk, but sure does help up that earnings per share to help the CEO with his bonus based on stock price.
Remember how hospitals didn't have PPE, because they could always get more shipped in 2-3 days? Works great. Until it doesn't.