Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
That is an important point. Many (most) goods are not time-critical. The only reasons it matters whether a container full of computers is one or two or three months underway is that 1) sailors have to be paid for their time and 2) having things in the pipeline reduces the relative return on investment.

But with proper warehousing, you would not lose revenues in the absolute sense. And in a full world - where production is constrained by access to raw materials - absolute revenues make more sense as a measure of firm health than return on investment.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed Sep 23rd, 2009 at 05:27:10 AM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series