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19-02-2020, 12:51 AM | #1 | ||
FF.Com.Au Hardcore
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https://www.reddit.com/r/Coronavirus..._for_products/
"The economic fallout from this is going to be life changing." Franco's lucky his guys make things in house... https://www.smh.com.au/business/mark...18-p5420a.html AAPL guides lower
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19-02-2020, 07:05 AM | #2 | |||
Thailand Specials
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Quote:
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19-02-2020, 10:18 AM | #3 | ||
Wirlankarra yanama
Join Date: May 2006
Location: God's Country
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Welcome to the global ecosystem where everything is connected to everything.
https://www.smh.com.au/business/comp...19-p5423o.html Jaguar Land Rover 'out of parts in two weeks' as coronavirus hits production Even though there may be redundant manufacturing facilities in China, we are now seeing what happens when redundant systems go offline at the same time and Just In Time delivery methodology have a head-on collision. I can just imagine the Corporate Risk Management experts saying "this should never happen" except it can and it has. |
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19-02-2020, 11:36 AM | #4 | ||
FF.Com.Au Hardcore
Join Date: Sep 2014
Location: Catland
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Ah, the JIT delivery system we were told is so efficient. Why make parts in house (as Henry did) and self stock when you can be vulnerable to supply disruptions half a planet away.
This one will become a textbook case study in business classes as well. & yep, it's an opportunity to take business back. Other CV news, apparently Florida has an outbreak and isn't telling the journos numbers, even though they did with Zika virus. So, with parts beginning to run low/ run out - how does this affect local pricing of items? Say a Suby Outback, currently on runout for $39990 iirc. Not that Japan is hit by this yet, but hypothetically, if there aren't any more coming for a while, this would tend to make those available a higher price? Or will it be a firesale anyway if people are fearful and choose to delay big ticket items?
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19-02-2020, 01:28 PM | #5 | ||
Thailand Specials
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I had someone want modifications done on a product manufactured in China, they baulked at the cost.
China got first dibs China did it wrong China isn't interested in fixing it China says you can buy another xxxx and we'll fix it Customer approaches Franco to get them out of trouble Customer wants Chinese price but Melbourne service Franco says cya bro If they paid a little more I could have the whole product done in 2 weeks, and make changes at any step of the process. But no, buy another 4 figure quantity out of China and wait 150 days. Sometimes it's just better to say no to something. |
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19-02-2020, 02:03 PM | #6 | ||
FF.Com.Au Hardcore
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20-02-2020, 11:25 AM | #7 | ||
Wirlankarra yanama
Join Date: May 2006
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Qantas slashes flights as coronavirus costs top $100m
https://www.smh.com.au/business/comp...20-p542ih.html |
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20-02-2020, 03:36 PM | #8 | ||
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Just heard from our work PPE committee that our supplier cannot source P2 disposable masks or disposable gloves anywhere in the country.
Apparently our supplier has been approached by the Chinese suppliers offering 5 times the original purchase price to purchase the items back. The supplier has now specified a maximum of two boxes per customer as they have had folks asking for more. Apparently they are buying up as much stock as they can and are returning them to China, in a similar way to the baby formula issue. Mate's son works at the local Kmart. They normally run 4 shifts per week to unload new supplies. This has been cut to two. The tentacles are spreading....
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