While saving companies money was the sole purpose of just in time process and the products and services led to lower prices to the consumer, it also always had finished product issues.When I was taking my accounting classes at University, the Prof had mentioned how vulnerable the "just in time" supply chain was and that it wouldn't take take much to collapse the whole thing. Yes, it saved companies money, but in the long run, due to the current situation, it's going to cost us horribly in the end.
The video is also correct in saying that our political leaders have no clue how dangerous this can or will get if they don't take this issue seriously. So ya, we're "fucked". The leadership in both countries are inept & incompetent so we shouldn't be too surprised. 2022 will likely not get much better by the looks of it.
We for some reason think some jerk that knows how to glad hand and get elected knows something .When I was taking my accounting classes at University, the Prof had mentioned how vulnerable the "just in time" supply chain was and that it wouldn't take take much to collapse the whole thing. Yes, it saved companies money, but in the long run, due to the current situation, it's going to cost us horribly in the end.
The video is also correct in saying that our political leaders have no clue how dangerous this can or will get if they don't take this issue seriously. So ya, we're "fucked". The leadership in both countries are inept & incompetent so we shouldn't be too surprised. 2022 will likely not get much better by the looks of it.
Only partly. Politics is always meddling in business with tax breaks or laws. Environmental and tax laws in North America, along with politicians on the take made manufacturing in other countries work. Then there are trade deals that usually benefit the political class, where we let some third world dictatorship peddle shoddy goods here in exchange for buying our natural resources.While saving companies money was the sole purpose of just in time process and the products and services led to lower prices to the consumer, it also always had finished product issues.
Politics can not and will not interfere with private business practices. Just because so many private enterprises chose to deal with chinese manufacturers is not a political decision, it is a business decision.
Of course if city planners gave even passing thought to getting products into stores the problem would be a lot less.
Tax laws are separate to supply chain issues. As are trade deals.Only partly. Politics is always meddling in business with tax breaks or laws. Environmental and tax laws in North America, along with politicians on the take made manufacturing in other countries work. Then there are trade deals that usually benefit the political class, where we let some third world dictatorship peddle shoddy goods here in exchange for buying our natural resources.
Tax laws and trade deals have a huge impact on supply chain. If there was no tax advantage to making cheap shit half a world away we would have much shorter supply chains with fewer interuptions.Tax laws are separate to supply chain issues. As are trade deals.
Trade deals are to make products cheaper for suppliers and eventually to consumers. After all, Canadians want products cheaper..... regardless of who and under what conditions they are made.
Tax laws and trade deals have a huge impact on supply chain. If there was no tax advantage to making cheap shit half a world away we would have much shorter supply chains with fewer interuptions.
If not for such a high labour and manufacturing cost here in Canada to provide the product cheaper, there would be no need to go half a world away to make the goods we want.Tax laws and trade deals have a huge impact on supply chain. If there was no tax advantage to making cheap shit half a world away we would have much shorter supply chains with fewer interuptions.
Shoppers is not the only pharmacy that is cutting back its levels. It seems that because we do not manufacture the drugs in Canada, we have a supply shortage and in order to ensure all users of a particular drug will get some, they ration the drugs.Shoppers Drug Mart now ordered to cut perscription levels.. doctor says to get 31 pills.. you get 9 come back later.
lmao what the hell.. those lockdowns are the only reason that country isn't flooded with cases.Coupled with the massive floods and more lockdowns in China.. we're fucked