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Short Wave Sportfishing April 15th 05 04:10 PM

On Fri, 15 Apr 2005 14:28:31 GMT, "Doug Kanter"
wrote:

Only the retailers who get piggish, and we will often refuse to buy more
from someone who is so greedy or inexperienced that they don't know when to
stop.

Some years back, I believe it was P&G who took a customer to court over the
diverting issue. The outcome was as expected. They were told that once
they'd sold something, the new owner (the customer) can sell it to anyone
they want, or they can dump it into the ocean. As far as the allocations you
mentioned, that's true, but often, they're totally disconnected from
reality. If P&G knows a chain normally moves 5 trucks a month, might move 7
if they run an ad in the Sunday paper, they'll very often let them have 10
or 12 trucks. Who's the fool here? Give them 8, but not 12. They'll
sometimes suggest storing the extra product at the lower price, but at the
same time, they'll spread rumors of a size or label change, and for reasons
that make no sense, the chains think you and I (the retail customers) give a
damn about the label change, so they don't want to get stuck with it.

It's all silly.


So it's basically taking a product and turning it into a commodity?

Later,

Tom

Doug Kanter April 15th 05 04:13 PM


"Short Wave Sportfishing" wrote in message
...
On Fri, 15 Apr 2005 14:28:31 GMT, "Doug Kanter"
wrote:

Only the retailers who get piggish, and we will often refuse to buy more
from someone who is so greedy or inexperienced that they don't know when
to
stop.

Some years back, I believe it was P&G who took a customer to court over
the
diverting issue. The outcome was as expected. They were told that once
they'd sold something, the new owner (the customer) can sell it to anyone
they want, or they can dump it into the ocean. As far as the allocations
you
mentioned, that's true, but often, they're totally disconnected from
reality. If P&G knows a chain normally moves 5 trucks a month, might move
7
if they run an ad in the Sunday paper, they'll very often let them have 10
or 12 trucks. Who's the fool here? Give them 8, but not 12. They'll
sometimes suggest storing the extra product at the lower price, but at the
same time, they'll spread rumors of a size or label change, and for
reasons
that make no sense, the chains think you and I (the retail customers) give
a
damn about the label change, so they don't want to get stuck with it.

It's all silly.


So it's basically taking a product and turning it into a commodity?

Later,

Tom


Yes. Not much different than arbitrage, in the stock market. Chain "A" is
paying $12.00 for soap. Chain "B" is paying the "normal" price, $18.00. If
we can buy it from A for $12.75 and sell it to B for $14.00 or whatever, it
works.



Short Wave Sportfishing April 15th 05 05:10 PM

On Fri, 15 Apr 2005 15:13:24 GMT, "Doug Kanter"
wrote:


"Short Wave Sportfishing" wrote in message
.. .
On Fri, 15 Apr 2005 14:28:31 GMT, "Doug Kanter"
wrote:

Only the retailers who get piggish, and we will often refuse to buy more
from someone who is so greedy or inexperienced that they don't know when
to
stop.

Some years back, I believe it was P&G who took a customer to court over
the
diverting issue. The outcome was as expected. They were told that once
they'd sold something, the new owner (the customer) can sell it to anyone
they want, or they can dump it into the ocean. As far as the allocations
you
mentioned, that's true, but often, they're totally disconnected from
reality. If P&G knows a chain normally moves 5 trucks a month, might move
7
if they run an ad in the Sunday paper, they'll very often let them have 10
or 12 trucks. Who's the fool here? Give them 8, but not 12. They'll
sometimes suggest storing the extra product at the lower price, but at the
same time, they'll spread rumors of a size or label change, and for
reasons
that make no sense, the chains think you and I (the retail customers) give
a
damn about the label change, so they don't want to get stuck with it.

It's all silly.


So it's basically taking a product and turning it into a commodity?


Yes. Not much different than arbitrage, in the stock market. Chain "A" is
paying $12.00 for soap. Chain "B" is paying the "normal" price, $18.00. If
we can buy it from A for $12.75 and sell it to B for $14.00 or whatever, it
works.


So to stretch the analogy a little, would it be possible to purchase
that soap for, say August delivery at $12.50, then sell that delivery
contract to whomever at $15?

Later,

Tom

Doug Kanter April 15th 05 06:23 PM


"Short Wave Sportfishing" wrote in message
...
On Fri, 15 Apr 2005 15:13:24 GMT, "Doug Kanter"
wrote:


"Short Wave Sportfishing" wrote in message
. ..
On Fri, 15 Apr 2005 14:28:31 GMT, "Doug Kanter"
wrote:

Only the retailers who get piggish, and we will often refuse to buy more
from someone who is so greedy or inexperienced that they don't know when
to
stop.

Some years back, I believe it was P&G who took a customer to court over
the
diverting issue. The outcome was as expected. They were told that once
they'd sold something, the new owner (the customer) can sell it to
anyone
they want, or they can dump it into the ocean. As far as the allocations
you
mentioned, that's true, but often, they're totally disconnected from
reality. If P&G knows a chain normally moves 5 trucks a month, might
move
7
if they run an ad in the Sunday paper, they'll very often let them have
10
or 12 trucks. Who's the fool here? Give them 8, but not 12. They'll
sometimes suggest storing the extra product at the lower price, but at
the
same time, they'll spread rumors of a size or label change, and for
reasons
that make no sense, the chains think you and I (the retail customers)
give
a
damn about the label change, so they don't want to get stuck with it.

It's all silly.

So it's basically taking a product and turning it into a commodity?


Yes. Not much different than arbitrage, in the stock market. Chain "A" is
paying $12.00 for soap. Chain "B" is paying the "normal" price, $18.00. If
we can buy it from A for $12.75 and sell it to B for $14.00 or whatever,
it
works.


So to stretch the analogy a little, would it be possible to purchase
that soap for, say August delivery at $12.50, then sell that delivery
contract to whomever at $15?

Later,

Tom


Usually, no. Very few customers (people we sell to) are trustworthy enough
for that kind of thing. Most will cancel an order that far out, without
telling us, if a better deal comes along. We'll find out a few days
beforehand when the trucker tries to make the delivery appointment and finds
out the PO number is no good. We can always sell stuff somewhere, if that
happens, sometimes at a bit of a loss, but still, it's not a good day when
that happens.

My sister used to work for us, and apparently, it was her job to see how
quickly she could kill my father by scheduling long deliveries on products
whose prices are based on voodoo, like coffee and orange juice. She once had
a truck of coffee worth around $50k that she had to sell for a $10k loss
because bottom fell out of coffee prices. She was told not to do that any
more. :-)



HarryKrause April 16th 05 09:34 PM

On 13 Apr 2005 13:46:09 -0700, wrote:

Guys,

sorry for the boat related post ;)

I noticed the US border is a lot closer as i thought ... Now I have the
following questions and was wondering if anybody knows the answers:


I routinely sail and power into other nations waters. I keep a few
thousand dollars on hand to grease the palm of any trouble makers, and
keep my passport up to date.

Doug Kanter April 22nd 05 07:21 PM


"Short Wave Sportfishing" wrote in message
...
On Wed, 13 Apr 2005 22:03:19 GMT, Don White
wrote:

Short Wave Sportfishing wrote:
snip
Although I must say, based on my experience with the Canadians, they
certainly are a...

Well, let's just leave that experience alone.


Say what?


It's a long story and really not worth repeating - it was resolved in
a satisfactory manner by the USCG and Canadian Navy or whoever it was
that was involved. I just felt that the Canadians, in the face of the
visual and verbal reports of the incident in question, could have been
a bit more understanding rather than acting like I was trying to sneak
into Canada.

Later,

Tom



So in other words, you were trying to sneak into Canada.



Doug Kanter April 22nd 05 07:21 PM


"Short Wave Sportfishing" wrote in message
...
On Thu, 14 Apr 2005 15:20:23 GMT, "Doug Kanter"
wrote:


"Short Wave Sportfishing" wrote in message
. ..
On Wed, 13 Apr 2005 22:03:19 GMT, Don White
wrote:

Short Wave Sportfishing wrote:
snip
Although I must say, based on my experience with the Canadians, they
certainly are a...

Well, let's just leave that experience alone.

Say what?

It's a long story and really not worth repeating - it was resolved in
a satisfactory manner by the USCG and Canadian Navy or whoever it was
that was involved. I just felt that the Canadians, in the face of the
visual and verbal reports of the incident in question, could have been
a bit more understanding rather than acting like I was trying to sneak
into Canada.


So in other words, you were trying to sneak into Canada.


Yes - I wanted to protest the hockey lockout and where better to do
that than in the Land of the Puck. :)

Or is that the Land of the Loon?

Later,

Tom


Hang on. You don't get off that easy. I'm trying to sell 3 truckloads of
Cheer Ultra Liquid detergent, regular scent and two of the stupid scents
that women seem to love (lavender pussy meadow fresh breeze and such).
$26.75 per case. Four 150 ounce jugs per case. 720 cases per truck, 36 per
pallet. $19,260.00 plus $1500.00 freight to Connecticut. Net 10 days. Go
check in your basement, see how you're set for detergent, and let me know
ASAP. No partial trucks - gotta take the whole thing. Delivers in about 2
weeks.




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