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#31
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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 |
#32
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![]() "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. |
#33
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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 |
#34
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![]() "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. :-) |
#36
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![]() "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. |
#37
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![]() "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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