3 ms·
That's because lean companies can leverage either price, regulatory moats, etc to avoid externalities. JIT has been demonstrated to be incredible profitable in
by greedo 4y ago
That's because lean companies can leverage either price, regulatory moats, etc to avoid externalities. JIT has been demonstrated to be incredible profitable in good times, yet extremely brittle in bad times.
- sokoloff 4y agoYet people flip out over “price gouging” or “greed” in times where demand dramatically outstrips supply. If you want less fragility, there has to be a way to be paid for providing reliable supply in times of disruption.
- greedo 4y agoWe invented this thing a long time ago that we call warehouses. We store stuff in them, and when needed, we ship from them to stores. Warehouses are no fun anymore, everyone wants things shipped overnight etc. So they outsource their distribution. Oh and greed? Yup. Look at the profit margins for the Exxon this year. For any of the Fortune 500. Last year and this year will be banner years for big corporations that have raised prices either directly or through "shrinkflation." They're loving it, while consumers get the shaft, and the Fed gets the blame.