Re: Good economic news! + metalworking
- From: Gunner Asch <gunner@xxxxxxxxxxxxxxxxxxxx>
- Date: Sat, 14 Feb 2009 19:03:24 -0800
On Sat, 14 Feb 2009 13:39:37 -0800, Bruce L. Bergman
<bruceNOSPAMbergman@xxxxxxxxx> wrote:
On Sat, 14 Feb 2009 14:01:40 -0500, "Buerste" <Buerste@xxxxxxx> wrote:
"Tim Wescott" <tim@xxxxxxxxxxxxxxxx> wrote in message
news:epydnaeR0aj8kgrUnZ2dnUVZ_jKdnZ2d@xxxxxxxxxxxxxxx
On Fri, 13 Feb 2009 23:32:51 -0500, Buerste wrote:
When I talked to my friend that has a company that TiN coats cutting
tools today, he said that after a poor December and a so-so January, his
February is booming! I hope it's a good sign to see industrial cutting
tools in high demand.
In every recession I've ever lived through (and even from what little I
know of The Big One in the '30s), life has always gone on.
At some point people get tired of not buying stuff, and companies realize
that sitting still in a dark room isn't going to save them.
I suspect that we'll see some realignment in the economy if the Dems
don't get too enthusiastic (there was actually a Rick Lowry piece in the
paper today that I agreed with, on just this topic), but I very much
doubt that we're all going to sit shivering and starving on the streets
outside of our former homes while the sun slowly goes out.
--
http://www.wescottdesign.com
In November and December, I didn't have the huge orders from my usual
customers. I know their buying patterns and MRP systems better than they do
and I knew they were chewing through their safety stock even though their
buyers were on notice to cut back on purchases. All my stuff to them goes
into the mid-range restaurants. I knew that fast-food was actually on an
upswing, high-end eateries were only taking a single digit hit, and my
market mid-range restaurants were about the same. So, I decides to keep
producing at normal production rates and pack the rafters with product.
Well, imagine my smile when my customers call in a panic because their
shelves are bare! I've been able to ship from stock and be a hero! I hope
they don't keep expecting the zero lead time, I can't afford this inventory
level forever. I'll bet they will want to rebuild their safety stock all at
once and put me behind the eight-ball having to run overtime and weekends.
Idiots!
Might want to ease off on your production just a tad to reflect that
single-digit hit without getting stuck with too much inventory - and
still be in business and have some on hand to ship when they do have
money. Because Ohio is probably like everywhere else, the State will
tax you on inventory on hand at the end of the FY, and you don't want
to get nailed. The customers running supply-house operations do the
same thing, let their stock dwindle to the bare minimum right before
the annual inventory count - and if they run Calendar Year, that
explains it.
California has finally run out of creative ways to play "Hide the
Pea" with the budget and they are talking about some real healthy tax
and fee and other "revenue" (wink wink) increases. Which if they get
through the courts unscathed (there's a *reason* we put Proposition 13
through!) are only going to make it worse.
(Ahnold The Governator has turned out to be a bigger Girly-Man than
Gray Davis ever dreamed of. Maria must have hocked his balls. Anyone
want to organize a Sacramento Tea Party?)
--<< Bruce >>--
Too late for that. Time to bust the state into 3 parts.
And let the Urban areas sit in the dark and eat wallpaper, or move
their companies into the Central Valley.
After all..we do have food, water and oil, and lots and lots of space.
That would make you and me very rich men.
Gunner
.
- References:
- Good economic news! + metalworking
- From: Buerste
- Re: Good economic news! + metalworking
- From: Tim Wescott
- Re: Good economic news! + metalworking
- From: Buerste
- Re: Good economic news! + metalworking
- From: Bruce L . Bergman
- Good economic news! + metalworking
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