Category: Business

Two Reasons

Business, Economics, Logistics, Marxists, Politics

Insty linked to this post yesterday:

Retailers and logistics operators are struggling to find space to store the flood of goods that have swamped warehouses and weighed on their balance sheets.

Warehouse owners say more retailers are looking to add storage capacity, both for goods now reaching their networks of stores and distribution centers and as they prepare to keep more inventory on hand long-term to guard against stock-outs.

Well, yes.

What the article does not mention is that “forward buying” (the industry term for this activity) is also a retailer’s hedge against inflation:  buy at today’s price, to sell at tomorrow’s (higher) inflated price, and use the profits to forward buy still more, until inflation comes back down.

We Americans have been sheltered from the latter by our traditionally-low inflation rate. but now we’re going to feel just like consumers in Third World countries, for whom continuously-high inflation is an everyday fact of life.

Yet another reason to hate this fucking Democrat government.

Roll on November 2022, and roll on November 2024 even more quickly.

How To Sell

Gun/Ammo Tests, Marketing / Advertising

Got the usual email from the folks at Lucky Gunner for 7.62x39mm ammo (among others), and I want to highlight the product blurb from the manufacturer.  Note the highlighted parts:

The big “knocks” against inexpensive “39” ammo are that:

  • the steel casing can damage a gun’s action (it doesn’t)
  • steel casings can’t be reloaded like brass casings can (true)
  • Berdan primers are corrosive (not anymore), and
  • a lot of ranges (e.g. the one where I used to shoot) won’t allow steel / alloy-steel bullets because of potential damage to the backstop.

Every single issue is addressed in the copy — nay, not just addressed but trumpeted.  As marketing/advertising copy, it’s absolutely brilliant.

I know that 40c/round is expensive compared to the old 15c price bracket, but these are different times we live in.  And for AK owners, like I used to be, this looks like a decent bargain.

And who the hell reloads 7.62x39mm anyway?

Periodicity

Business, Feminazis

Longtime Reader and Total Hottie Mrs. Sorenson is upset by this development:

When Megan Thompson feels unwell while on her period, she can take time off. The 23-year-old can adjust her hours or work flexibly to help cope with severe cramps, migraines and fatigue. But if her period pain gets too bad, the finance company she works for allows her to take additional leave.

“It’s so refreshing being able to say to my manager ‘I’m on my period’ and she knows instantly to offer support,” said Megan. “And they actually offer me time off instead of me having to ask for it.”

Mrs. Sor asks (and I paraphrase somewhat, to spare my Readers’ tender sensibilities):

“WTF is all this nonsense?  Whatever happened to just gritting it out?  Ditto menopause.”

It should come as no surprise that Mrs. Sor is of the old-school Tough Broad type, who takes no guff from anyone — and in fact is pretty much the same as most women of my era and vintage.  New Wife’s opinions on this are absolutely identical to hers, as are my sister’s and, I suspect, all of them.  Several of them say things like “That’s why Midol was invented” and “Suck it up, sister” when confronted by today’s weepy feministicals.

Add to this factors such as long (and often mandatory) pregnancy leave demanded of employers, demands for on-workplace childcare facilities and so on, and you end up with the very reasons why in the not-so recent past women were often not hired by employers:  they’re just not as productive as men are.

And productivity, lest we forget, is the Holy Grail of any commercial enterprise.

But none of that is important, say the wimmyns, because equality.

Well, if equality means “no special treatment for men”, then I should remind everyone that it cuts both ways — except that’s not how they want it to work, is it?


…because that’s the productivity reality he faces.

Old-Time

Business, Management, Old Fartism

As an Ole Phartte of some renown, imagine my gleeful chuckles when reading about this man’s requirements for employment at his business:

A Welsh dessert shop boss has shared the most brutal job advert you’ve ever seen on Facebook, but has been universally praised for his no-nonsense attitude.

And if you don’t give at least one approving “attaboy” when you read the ad, we can’t be friends.

Here’s a similar no-nonsense attitude, but in precisely the opposite direction.

We run Britain’s strictest pub – no phones or kids are allowed inside and anyone who swears is BANNED

As one would imagine, I would be in real danger here — although I’ve found that the more I drink, paradoxically, the less I swear.  (Regular Drinking Buddies Mr. Free Market, The Englishman and Doc Russia might contradict this, though.)

Whatever:  I would happily guard my tongue at the Fox & Goose to be free from screaming children and fucking (oops) cell phones.  The only thing that might cause me to give the place a miss is that I’m not that fond of Samuel Smith beer — but then again, life is full of compromises. innit?

At What Price?

Business, Logistics

A little while ago I ordered something from Jeff Bezos, and was astonished to see that a “next day” delivery option was available;  this, mind you, for what I would consider a non-emergency item.  (On checking, it was for this TV series.)

Given how much work this entails for the actual workers at Amazon’s fulfillment center, it seemed a bit much.  So I’m not surprised whenever I see Amazon’s employees kicking back at the working conditions there, with timed (or no) bathroom breaks, performance metrics that would make an 18th-century textile company boss blush, and pay which quite frankly makes even a committed capitalist like myself feel embarrassed.

Small wonder that Bezos has fought tooth and nail against the unionization of his workforce.  And yet, even I, as (once again) a committed capitalist, can see that it’s precisely these kind of working conditions that caused the formation of workers’ unions in the first place.

And then the unions go overboard like those in the U.K., and we all hates on them unions… with good reason.

Here’s my solution to the Amazon situation.  I have no problem with Bezos offering rapid delivery;  but such deliveries should incur something like a 25% surcharge — with said surcharge amount being added in toto  to the paycheck of the worker who actually filled the order (and yes:  Amazon can tell which worker filled which order).

That has as much likelihood of happening as Biden’s socialists lowering income taxes, of course, because someone has to pay for Jeff’s toys.

Do not take this for an uncharacteristic (for me) shot at wealthy people:  I have no problem with people building wealth and spending money.

But I do object to the ill-treatment of workers at the bottom of the pyramid, all in the name of “customer satisfaction”.

Dumb Shits

Business, Gummint, Logistics

Yeah, that’s right:  you fire a whole bunch of qualified workers because of some (unjustified) panic, and now you (unexpectedly!) have a skills shortage:

How much of this labor shortage is a direct result of Biden’s vaccine mandates and the airline industry’s reliance on the federal government to stay in business during the pandemic is not certain.  What is certain is that government mandated firing of pilots, crew and ground personnel over their vaccination status contributed to the chaos we are witnessing.
What we do know is that according to a report by Cowen and Company, airline pilot retirements are projected to accelerate through the mid-2020’s with 24.7 percent of pilots subjected to mandatory retirements between 2022 and 2026.  These 13,000 forced retirements are up about 70 percent from the previous five years as baby boomers age out of the cockpit.

Self-created problems do not engender sympathy.