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Buy in bulk if it's cheaper per unit that you buy, and per unit if it's cheaper per unit that you use. (EDIT: with the understanding that you're unlikely to buy
by jdpage 1y ago
Buy in bulk if it's cheaper per unit that you buy, and per unit if it's cheaper per unit that you use. (EDIT: with the understanding that you're unlikely to buy much more than you use if just-in-time per-unit purchasing is available). No, it's not groundbreaking advice, but it's a very easy trap to fall into, especially if you're talking to someone who's good at selling you stuff.
I'm sure we've all had an experience at least once where we've bought something in a larger container from the grocery store thinking we were getting a deal, only to find that we didn't get through it as fast as we thought we would, it started spoiling, and we got to scrape our savings into the trash can.
And many of us have had an experience where someone higher up in the company has insisted that we use a tool that isn't very good "because we've already paid for it", so it's clearly needed advice, even if it's not groundbreaking. Everyone sometimes needs "obvious" conclusions pointed out to them, I think. It's a quirk of our mental processing as humans.
- valicord 1y agoNo, it's always "per unit that you use". Units that you buy and not use are wasted, so that's would be the wrong way to compare. Dressing up an obvious idea with fancy-sounding math formulas and pages of text is exactly how you get trapped by someone good at selling stuff.
- jdpage 1y agoYou're right, but I think you're less likely to buy extra at per-unit pricing (since you can always buy just-in-time), so you're less likely to run into a situation where you overpurchased at per-unit pricing. (Edited to note that.)