General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums"I've never found you could lower costs by spending more." --Manchin
Ever heard of buying in volume Joe?
POS
Ferrets are Cool
(21,105 posts)markie
(22,756 posts)did he really say that??? pretty stupid thing to say
ProudMNDemocrat
(16,783 posts)That is how we not only save money and Costco still makes a profit. Examples of a good business l.
aeromanKC
(3,322 posts)I would say must be nice, but I like Costco!!
MurrayDelph
(5,293 posts)Other options are Safeway, Fred Meyer, Natural Grocers, US Chef (sister store to Smart and Final), and Wal-Mart.
JasonMain
(79 posts)doc03
(35,324 posts)krispos42
(49,445 posts)Jeez.
I spend $300,000 to buy a new mill-turn machining center. Because I bought that, I can make a gizmo complete in the machine instead of the previous three-operation method of "turn one side, turn the other side, and mill features".
Now it takes half the time to machine it. I'm able to lower my price to my customer by 10% AND increase my per-part profit by 10%. I'm being more competitive!
At this rate, the machine pays for itself in 6,000 parts if the profits increase by $50 per part, 12,000 parts if the profits increase by $25 per part.
If the machine can machine 5 parts per hour, that's 200 parts per week, 830 parts per month. It's paid off in between 8 and 16 months... and the machine has a useful life measured in decades, not months.
He's an idiot.
doc03
(35,324 posts)you paid off.
lame54
(35,281 posts)Joinfortmill
(14,409 posts)SergeStorms
(19,192 posts)on the premise of buying in volume to lower prices. They seem to be doing alright, and people will actually pay a membership fee to join!
WhiteTara
(29,699 posts)from his daughter's legal woes.
modrepub
(3,493 posts)Or other federal money to pilfer from blue states?