Re:Supply Chain Shortages Continue Around the World. Get Use...
by londons_explore on Friday September 03, 2021 @03:43AM
(#28401464)
Get rid of 'price gouging protection' and simple economics will make businesses put back in supply redundancy.
The issue today is it's more profitable to sell at rock bottom prices 95% of the time and be out of stock 5% of the time, then it is to sell at a higher price always (to pay for the buffer).
Selling at rock bottom prices 95% of the time and high prices 5% of the time (to pay for the buffer) is best, but currently illegal.
The issue today is it's more profitable to sell at rock bottom prices 95% of the time and be out of stock 5% of the time, then it is to sell at a higher price always (to pay for the buffer).
Selling at rock bottom prices 95% of the time and high prices 5% of the time (to pay for the buffer) is best, but currently illegal.