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actually just got back from a year end meeting and without
Posted on: December 12, 2022 at 08:41:25 CT
TigerFan92 STL
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the price increases last year we would have finished with -5% profit. As a result 2021 we finished profitable but lower than most years.
They praised the commercial team for getting most price increases through over the past two years and said we'd have had to cut employees and stock/production if we didn't
That would have been crazy to have to cut people and extend lead times (wip inventory) further during record sales years, but it would have had to happen to keep from going under.
Edited by TigerFan92 at 08:41:58 on 12/12/22
They praised the commercial team for getting most price increases through over the past two years and said we'd have had to cut employees and stock/production if we didn't
That would have been crazy to have to cut people and extend lead times (wip inventory) further during record sales years, but it would have had to happen to keep from going under.
Edited by TigerFan92 at 08:41:58 on 12/12/22
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actually just got back from a year end meeting and without - TigerFan92 STL - 12/12 08:41:25