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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?


To: Cheeky Kid who wrote (5270)4/5/1999 12:47:00 PM
From: C.K. Houston  Respond to of 9818
 
<What is your stance on Stockpiling? Has it changed?>

NOPE - Guess you missed the last line of my post. I'm in the Red Cross camp with having min 3 months worth of meds on hand.

If pharmaceutical companies are really concerned about having inventory on hand for potential stockpiling ... instead of spending money on a "public relations and education campaign" for the public ... why don't they increase their inventory???

<... recent supply-chain history indicates that the industry may have gotten too efficient for its own good in this situation. "Inventories are running a lot leaner than they have in the past," ... From 1989 to 1991, the average supply of product inventory in the supply pipeline was approximately 1.2 months. Last year, it was down to approximately one month's supply.>

And, reschedule their "end-of-year" cleaning???

<companies make time at the end of the year to clean equipment and do preventive maintenance before starting the process anew>

And, increase raw material purchases???

<The timing could not be worse if hoarding does occur among patients ... the amount of product in the supply-chain pipeline tends to be at its lowest in December.>

Of course to do all of the above, it means they have to spend more money.

IMHO - Red Cross wants to help people. Pharmaceutical companies want to make money. So, I prefer to follow advice from Red Cross.

Cheryl