Michael_MA
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Location: Mannheim, Germany Member Since: Jun 2009
Posts: 192
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« on: January 28, 2011, 08:55 AM » |
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I know german is a complicated laguage and therefore we are taught in school a lot of words and representations - no you englisch guys (sorry for not distinguishing between Brits, Us, Canadian and Aussie's here  you have it rather easy, you learn a few words  and thats it.. the other's need to get adapted  ... so now lets get to the point.. If you write about commodities, what do you exactly mean.. cause there are unfornatly around 12 different translations for the same word. Im almost lost here. can someone clarify ? btw. this posting is in regard to the recent posting about Festool prices going up starting 1.March. kind regards, Mike |
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"..The only thing necessary for the triumph of evil is for good men to do nothing.."
- Edmund Burke, British Statesman and Philosopher -
Festool addicted since 2004
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jonny round boy
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Location: West Yorkshire, UK Member Since: Jul 2007
Posts: 2102
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« Reply #1 on: January 28, 2011, 09:03 AM » |
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In that case, the definition is as follows: any unprocessed or partially processed good, as grain, fruits, and vegetables, or precious metals So raw steel stock, blocks of copper & aluminium, etc. that are bought & sold before being used to make actual products, like tools. |
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Festoolian since February 2006
TS55R EBQ saw - CTL26 - CTL Mini - OF1400EBQ router - KS120 Kapex SCMS - ETS150/3 sander - RO90 sander - DF500 Domino - T12 drill
Wish list (in no particular order!): Anything not listed above....
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Chuck Kiser
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Location: Palos Park, IL (Chicago south sider) Member Since: Jul 2007
Posts: 121
Finish Carpenter in the Southside of Chicago
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« Reply #2 on: January 28, 2011, 09:30 AM » |
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Orange juice concentrate, pork bellies, cotton, wheat, butter (by the ton) are also commodities. Big money in pork bellies!
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Life is too short for bad wine or cheap tools.
FS2700, FS1400(2), TS55, TS75, CT Midi, CT 22 w/ boom, ETS150/5, RO150, DF500, OF1400, OF1010, MFT1080(3), PS300, DX93, LR32, MFS700, MFS400, MFK700, ETS125, RTS400, RS2E, KAPEX, MFT/ KAPEX
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MarkF
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Location: Concord, NC Member Since: Jan 2007
Posts: 272
Concord, NC
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« Reply #3 on: January 28, 2011, 09:54 AM » |
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fyi... Pork Belly becomes Bacon(Speck). Pig stomach becomes?  |
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Peter Halle
Global Moderator
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Location: Powhatan, Virginia USA Member Since: Jul 2007
Posts: 6398
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« Reply #4 on: January 28, 2011, 10:13 AM » |
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fyi... Pork Belly becomes Bacon(Speck). Pig stomach becomes? Pig stomach becomes tripe. A link for definitions of commodities: http://en.wikipedia.org/wiki/CommodityPeter |
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« Last Edit: January 28, 2011, 10:16 AM by Peter Halle »
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The tools in my truck were talking the other day. The Dewalts, PC's, Boschs, Makitas were not happy. They also were in the minority. Their complaint: They felt unused and unappreciated since the Festools moved in. I guess the truth hurts.
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RL
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Location: Canada Member Since: Feb 2010
Posts: 2121
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« Reply #5 on: January 28, 2011, 10:53 AM » |
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A commodity is also something that has become common. This is probably the sense in which it was used in the original forum post.
For example, if a good or service has become a commodity, it means there are many manufacturers making it with little differences between the brands and the market price is low. Think of most random orbit sanders. Contrast this with a "specialty" sander such as a Festool sander where its special features allow the manufacturer i.e. Festool to charge a higher price than other regular brand RO sanders.
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I like green.
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greg mann
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Location: Michigan Member Since: Jan 2007
Posts: 1129
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« Reply #6 on: January 28, 2011, 02:03 PM » |
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When an OEM manufactures a product themselves it is considered a product of special consequence that requires the development of deep, dark proprietary knowledge, often referred to as 'core competency'. No one but the OEM could ever develop an equivalent capacity or skill level to be nearly as proficient at the manufacturing process as the OEM, UNTIL, the OEM cannot make enough to satisfy the market demand. At that point they might find an independant source who, lo and behold, can make the same product better, faster, and cheaper than they could. This leads to the natural conclusion that ANYBODY on the outside can make the same product and what once was a highly regarded and critical internally manufactured component, no matter how complex, becomes a COMMODITY; no different than a nut or bolt. And subject to the same cost squeeze pressures as WalMart visited upon Vlassic pickles. DAMHIKT
(With all due apologies to the nut and bolt manufacturers out there.)
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Greg Mann
Oakland, Michigan
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Michael_MA
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Location: Mannheim, Germany Member Since: Jun 2009
Posts: 192
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« Reply #7 on: January 28, 2011, 02:23 PM » |
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Hey Folks, Many thanks to all of you - You are a real precious crowd ! now i got the common sense out of it and know how to interpret it correctly. i learned a lot from your explanations - very well done ! a big  to all of you ! kind regards, Mike |
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"..The only thing necessary for the triumph of evil is for good men to do nothing.."
- Edmund Burke, British Statesman and Philosopher -
Festool addicted since 2004
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