rude..."up close and personal lessons"
me too.....as long as all in balance, both vendor and purchaser prosper. the equilibrium is upset when either the purchaser sales slow, leaving vendor with what becomes uncommitted inventory, or if the vendor supply chain breaks for any number of reasons from natural disaster, to equipment malfunctions,which leaves the purchaser scurrying to obtain product from secondary and tertiary sources who may not be able to meet complete demand.
japan in the best of years had all major heavy industries using the kanban business model. i could remember little mom and pop businesses with injection molding machines and tooling supplied by mitsubishi heavy industries making parts in their house, and momma-san would load the parts everyday on her bike and pedal up to the mitsubishi receiving dock. sounds a bit bizarre, but true. once the chain breaks, it takes years to mend the links.
better to test with a natural, but limited disaster as in taiwan, then with a homegrown economic turndown.
covered calls not looking so bad????
good luck, and thanks as always your excellent input, ed a.
p.s...thanks the cpq comments |
