Now, this is odd

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Post #135,885 by Arkadiy 1/15/04 11:53:37 AM Reply	Now, this is odd Somebody (may be two or three of them) has the profit of 60 - 3 = 57 dollars per pair. And they are willing to change the whole process for extra 8 cents? What's wrong with that picture? If 8 cents matter to your company, where are the other 57 dollars? -- "It\ufffds possible to build a reasonably prosperous society that invests in its people, doesn\ufffdt invade its neighbors, opposes Israel and stands up to America. (Just look at France.)" -- James Lileks
Post #135,890 by Andrew Grygus 1/15/04 12:06:26 PM Reply	It's called 'Executive Compensation' [link\|http://www.aaxnet.com\|AAx]
Post #135,904 by Arkadiy 1/15/04 1:54:42 PM Reply	Yeah, but what executive cares to increase his compensation by 0.08/55 = 0.1 percen? At the cost of not wholly insignificant risk? -- "It\ufffds possible to build a reasonably prosperous society that invests in its people, doesn\ufffdt invade its neighbors, opposes Israel and stands up to America. (Just look at France.)" -- James Lileks
Post #135,905 by Andrew Grygus 1/15/04 1:58:19 PM Reply	That risk is to the stockholders . . . . sheep that they are. The saving may not seem too significant (and more was probably expected), but times a zillion pairs of shoes it still adds up, and that money goes entirely to the fabled "bottom line" where it can be skimmed. A penny saved is a penny to steal. [link\|http://www.aaxnet.com\|AAx]
Post #135,908 by Arkadiy 1/15/04 2:08:51 PM Reply	Well, I guess someone getting (say) 400,000,000 compensation may care to actually _do_ something (as in "lift their finger") for lousy 400,000. Still, kinda hard to swallow. -- "It\ufffds possible to build a reasonably prosperous society that invests in its people, doesn\ufffdt invade its neighbors, opposes Israel and stands up to America. (Just look at France.)" -- James Lileks
Post #135,906 by bepatient 1/15/04 2:00:05 PM Reply	How many pairs of shoes are we talking about. 1 million - 60k...not likely 10 million - 600k...you'll raise an eyebrow 50 million? - 3 million ... you'll be making powerpoints to the brass. If you push something hard enough, it will fall over. _{Fudd's First Law of Opposition} It goes in, it must come out._{Teslacle's Deviant to Fudd's Law} [link\|mailto:bepatient@aol.com\|BePatient]
Post #135,909 by ben_tilly 1/15/04 2:12:48 PM Reply	Who has that profit, matters Suppose that the manufacturer is in a very competitive market selling at $3.50, and the other levels of middle-men have better profit margins. In that case the 8 cent shift is a 16% improvement in company profits. 8 cents doesn't sound like a lot, but 16% makes shareholders notice. If competition is really fierce and margins are tight (remember, this is the kind of market being pushed hard by Walmart, etc), then the gap could literally be between being profitable and not profitable. It doesn't matter how much profit people later in the business pipeline are making. If you can't negotiate prices where you personally make a profit, you go out of business. Period. Cheers, Ben "good ideas and bad code build communities, the other three combinations do not" - [link\|http://archives.real-time.com/pipermail/cocoon-devel/2000-October/003023.html\|Stefano Mazzocchi]

"as American as Levis" - (deSitter) - (79) - Jan. 9, 2004, 05:15:56 AM EST

Uhhh...Ross? - (jb4) - (14) - Jan. 9, 2004, 10:01:39 AM EST

ferget it, he's on a roll -NT - (boxley) - (2) - Jan. 9, 2004, 10:21:25 AM EST

Was it over when the Germans bombed Pearl Harbor?? -NT - (admin) - (1) - Jan. 9, 2004, 10:23:55 AM EST

Hell No!!! And it ain't over now. -NT - (xtensive) - Jan. 9, 2004, 12:43:06 PM EST

Re: Uhhh...Ross? - (deSitter) - (10) - Jan. 9, 2004, 01:08:08 PM EST

It shows your hatred of women - (orion) - (7) - Jan. 9, 2004, 01:33:16 PM EST

Re: It shows your hatred of women - (deSitter) - (6) - Jan. 9, 2004, 01:39:20 PM EST

Not every woman is like that - (orion) - (5) - Jan. 9, 2004, 02:34:37 PM EST

Re: Not every woman is like that - (deSitter) - (4) - Jan. 9, 2004, 03:07:26 PM EST

"Shut up and go away, I'm stereotyping." :) -NT - (inthane-chan) - Jan. 9, 2004, 03:12:24 PM EST

I did read - (orion) - (2) - Jan. 9, 2004, 03:28:59 PM EST

shakes head and resolves to ignore drones -NT - (deSitter) - (1) - Jan. 9, 2004, 03:37:11 PM EST

Yaaaay! -NT - (Arkadiy) - Jan. 9, 2004, 03:49:26 PM EST

Wow - (Nightowl) - Jan. 9, 2004, 06:50:34 PM EST

Words fail... - (jb4) - Jan. 12, 2004, 02:20:59 PM EST

Re: "We can't even make our own damn pants" - (lincoln) - (13) - Jan. 12, 2004, 10:34:44 PM EST

My last job was at a major shoe manufacturer... - (danreck) - (12) - Jan. 15, 2004, 11:02:42 AM EST

Any thoughts on where the money goes? - (Another Scott) - (2) - Jan. 15, 2004, 11:11:04 AM EST

Re: Any thoughts on where the money goes? - (danreck) - (1) - Jan. 15, 2004, 11:50:14 AM EST

Ah, US Shoe.... -NT - (Another Scott) - Jan. 15, 2004, 12:54:44 PM EST

Oooohh...A whole $.06 savings! - (jb4) - Jan. 15, 2004, 11:47:06 AM EST

Now, this is odd - (Arkadiy) - (6) - Jan. 15, 2004, 11:53:37 AM EST

It's called 'Executive Compensation' -NT - (Andrew Grygus) - (3) - Jan. 15, 2004, 12:06:26 PM EST

Yeah, but what executive cares to increase his compensation - (Arkadiy) - (2) - Jan. 15, 2004, 01:54:42 PM EST

That risk is to the stockholders . . - (Andrew Grygus) - (1) - Jan. 15, 2004, 01:58:19 PM EST

Well, I guess - (Arkadiy) - Jan. 15, 2004, 02:08:51 PM EST

How many pairs of shoes are we talking about. - (bepatient) - Jan. 15, 2004, 02:00:05 PM EST

Who has that profit, matters - (ben_tilly) - Jan. 15, 2004, 02:12:48 PM EST

Right - (deSitter) - Jan. 15, 2004, 05:46:23 PM EST

What do you know about feminism? - (slugbug) - (49) - Jan. 12, 2004, 11:42:31 PM EST

It's all of a part - (deSitter) - (48) - Jan. 13, 2004, 03:38:08 AM EST

Reading a little extra into that, aren't you? - (ben_tilly) - (46) - Jan. 13, 2004, 10:55:22 AM EST

Re: Reading a little extra into that, aren't you? - (deSitter) - (45) - Jan. 14, 2004, 03:12:51 AM EST

Cart before horse - (Ashton) - (1) - Jan. 14, 2004, 07:37:32 AM EST

keep john wayne out of it - (boxley) - Jan. 14, 2004, 09:31:26 AM EST

Re: Reading a little extra into that, aren't you? - (deSitter) - (1) - Jan. 14, 2004, 08:33:26 AM EST

Shirley... - (CRConrad) - Jan. 14, 2004, 08:38:27 AM EST

Again, you're ascribing the wrong cause - (ben_tilly) - (40) - Jan. 14, 2004, 04:41:52 PM EST

Additional causes plus a small edit. - (inthane-chan) - (39) - Jan. 14, 2004, 03:56:45 PM EST

Puritanism is ignorant of, simultaneously opposed-to an idea - (Ashton) - (38) - Jan. 14, 2004, 05:27:12 PM EST

IMO, Ashton... - (inthane-chan) - (1) - Jan. 14, 2004, 05:47:42 PM EST

ICLRPD (new thread) - (jb4) - Jan. 14, 2004, 05:49:16 PM EST

Re: Puritanism is ignorant of, simultaneously opposed-to an - (deSitter) - (34) - Jan. 14, 2004, 06:10:36 PM EST

Sorry, can't ignore this one. - (Nightowl) - (29) - Jan. 14, 2004, 06:16:57 PM EST

Re: Sorry, can't ignore this one. - (deSitter) - (3) - Jan. 14, 2004, 06:25:12 PM EST

Whatever - (Nightowl) - Jan. 14, 2004, 06:28:23 PM EST

Fundamental Units (new thread) - (deSitter) - Jan. 15, 2004, 01:00:03 AM EST

Ross, the Puritan........I never would have thought it! - (jb4) - Jan. 15, 2004, 09:30:19 AM EST

So you are in favor of gay marriages? - (a6l6e6x) - (9) - Jan. 14, 2004, 07:57:35 PM EST

I never said that - (Nightowl) - (8) - Jan. 14, 2004, 08:06:35 PM EST

You never said anything against it either - (ben_tilly) - (7) - Jan. 14, 2004, 08:48:56 PM EST

Stop putting words in my mouth - (Nightowl) - (6) - Jan. 14, 2004, 08:28:05 PM EST

Hint - Nobody said you did. - (Another Scott) - (1) - Jan. 14, 2004, 08:50:17 PM EST

Re: Hint - Nobody said you did. - (Nightowl) - Jan. 14, 2004, 08:57:46 PM EST

But I didn't - reading comprehension time - (ben_tilly) - (3) - Jan. 14, 2004, 08:57:04 PM EST

Re: But I didn't - reading comprehension time - (Nightowl) - (1) - Jan. 14, 2004, 09:00:50 PM EST

Yes, but.... - (ben_tilly) - Jan. 15, 2004, 10:26:07 AM EST

Bingo! -NT - (a6l6e6x) - Jan. 14, 2004, 09:27:33 PM EST

childless and married are we? - (boxley) - (14) - Jan. 14, 2004, 09:38:06 PM EST

You are incorrect. - (Nightowl) - (13) - Jan. 14, 2004, 09:49:16 PM EST

No need to be sorry. Your life, your choice. -NT - (a6l6e6x) - (1) - Jan. 14, 2004, 09:53:19 PM EST

Re: No need to be sorry. Your life, your choice. - (Nightowl) - Jan. 14, 2004, 09:56:00 PM EST

Depending on which Christian Sect you belong to - (boxley) - (10) - Jan. 14, 2004, 10:00:23 PM EST

Re: Depending on which Christian Sect you belong to - (Nightowl) - (3) - Jan. 14, 2004, 10:12:21 PM EST

No need to debate your religion at all - (boxley) - (2) - Jan. 14, 2004, 10:17:48 PM EST

That isn't quite what I said - (Nightowl) - Jan. 14, 2004, 10:22:50 PM EST

So infertile people shouldn't be able to marry? (new thread) - (Another Scott) - Jan. 14, 2004, 10:49:39 PM EST

On Catholic birth control - (Silverlock) - (1) - Jan. 15, 2004, 08:58:10 AM EST

Re: On Catholic birth control - (hnick) - Jan. 15, 2004, 09:40:22 AM EST

State marriages are more than a tax sham - (ben_tilly) - (3) - Jan. 15, 2004, 10:18:28 AM EST

marriage matters to whom? - (boxley) - (2) - Jan. 15, 2004, 06:37:44 PM EST

Immediate respect - (ben_tilly) - (1) - Jan. 15, 2004, 09:30:47 PM EST

wondered if that was it - (boxley) - Jan. 15, 2004, 09:44:25 PM EST

deS gets better and better - (Arkadiy) - (3) - Jan. 15, 2004, 10:53:39 AM EST

Re: deS gets better and better - (deSitter) - (2) - Jan. 15, 2004, 05:50:49 PM EST

Where you advocated infidelity is... - (ben_tilly) - (1) - Jan. 15, 2004, 09:33:52 PM EST

Re: Where you advocated infidelity is... - (deSitter) - Jan. 16, 2004, 08:49:38 AM EST

yer last sentence is incorrect - (boxley) - Jan. 14, 2004, 09:33:41 PM EST

But I argue that the workforce needed to be doubled - (orion) - Jan. 13, 2004, 12:04:17 PM EST

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