Well, the great news is that I just got my first newbie “doh” out of the way. 😉 I love your products as well and the same holds true of my earlier words. Thank you for everything.
Mike, Point taken. Maybe armchair quarterback was too much. Retracted. And thanks for the bicycle article. That was fascinating.
Last edited by Prashun Patel; 01-29-2021 at 7:13 AM.
No matter what business you are in, if you can be more efficient, you can make more profit.
It costs money to store "stuff". Stuff can be raw materials, finished product, parts and supplies.
About 30 or so years ago, we started using the just in time method of dealing with stuff. If you are making a product, you schedule with your suppliers and shippers so you get raw material in just in time to use it, and product goes out the door just in time for the shipper. Everybody alone the chain is doing the same thing and being more efficient, therefore more profitable.
This just in time method works great, right up until there is a disruption anywhere in the chain. So now there are new restrictions due to Covid. Supply chains are disrupted, shipping is disrupted, manufacturing processes are disrupted. Think about it, did any manufacturer anywhere, in Dec 2019, have a plan of what to do if suddenly workers need to be 6 feet apart? And that is just one disruption.
I'm honestly surprised that there have not been more shortages in manufacturing.
The trick to being good with a plane is being bad with a saw.
Supply is definaetly an issue. Anecdotally in my case demand has risen a lot too, I've been seperated more often from the fully equipped woodshop I work at and doing more handwork in my garage, and spending money on hand tools consequentially. Wishing some mortise chisels would come back in stock as I'm currently cutting mortises with bevel edge chisels.