Mish your comments run contrary to my first hand experience. As a Manufacturer of specialty chemical products, our company needs everything, more computers, more plastics, more of everything. IMO this last six months has shown us that we underforcasted demand across several product lines.
I wish I could go back three months and make some particular decisions all over again, in fact this leads me to believe that the so called demand shrink you and others are forecasting must be coming from people who sit at computers all day typing messages like this one.
Inventories are falling to critically low levels, when I need plastics and lead times expand, that is not good, and this is exactly where we are in the economy, not as you depict it.
Inventory across all producer categories has shrunk,even our distributors are pared way back, that means my lead times and costs will be effected.
No, me thinks that all that Put buying was alot of Chicken Littles who know nothing of what they speak.
Some of you should try doing something in the economy, you might learn something. |
