So as i've been keeping an eye on the inflation from a wholesale perspective, my cogs have gone up 34% in a year!!!!! WTF you might say, #1 there are people much smarter than me up top figuring out the increases, #2 rates of glass (in my industry) have fluctuated up and down since the 80's, but haven't moved a whole lot up (till now) #3 demand for our "sheet" product is through the roof ( i'm suspecting solar photovoltaic, but nobody's saying)....so yeah, inflation.
so we as the little guy are getting squeezed, taxes are up, labor costs and benefits are up, but so is volume (waaay up for us). So i'm focusing on volume but it will be the first to take a hit if the economy takes another hit (hence diversifying my product base)....
Good stuff guys....keeping this thread interesting....
__________________
Mike
|