mino said:All in all, to me it would indicate Festool is getting burned for not having manufacturing presence in China
DeformedTree said:So few companies/people running them think about the "what ifs" such as what if you can't get stuff, plants shut down, shipping is crippled... Now they are stuck.
. Not true, the plant shut itself down due to Covid- they were not directed by any government to do so. Hopefully they will resume production soon.Coen said:Covid never shut down any plant. Only governments did (and do).
Yes, if you print funny money... prices will rise.
The Dutch average home increased an average gross year salary last year...
leakyroof said:. Not true, the plant shut itself down due to Covid- they were not directed by any government to do so. Hopefully they will resume production soon.Coen said:Covid never shut down any plant. Only governments did (and do).
Yes, if you print funny money... prices will rise.
The Dutch average home increased an average gross year salary last year...
I would assume he means the management? Not the actual plant itself, it just sits there silently...lolCoen said:leakyroof said:. Not true, the plant shut itself down due to Covid- they were not directed by any government to do so. Hopefully they will resume production soon.Coen said:Covid never shut down any plant. Only governments did (and do).
Yes, if you print funny money... prices will rise.
The Dutch average home increased an average gross year salary last year...
The plant shut itself down? Lol what.
Exactly- And it's no laughing matter for many of us stuck without the supply chain working correctly- I don't share anyone's laughter on this subject at all.Crazyraceguy said:I would assume he means the management? Not the actual plant itself, it just sits there silently...lolCoen said:leakyroof said:. Not true, the plant shut itself down due to Covid- they were not directed by any government to do so. Hopefully they will resume production soon.Coen said:Covid never shut down any plant. Only governments did (and do).
Yes, if you print funny money... prices will rise.
The Dutch average home increased an average gross year salary last year...
The plant shut itself down? Lol what.
leakyroof said:I don't share anyone's laughter on this subject at all.
The TS55 update is clearly tied to the TSC Anti-Kickback version so the same blades are supported. It must have been in the cards for a long time, well before the Covid situation came about.frahengeo said:Hi Folks,
Just so I understand...the lack of TS75 inventory is due to supply chain issues brought on by 1+ year of covid? Even though the TS55REQ is supposedly being/has been redesigned, the TS75 will not undergo the same redesign. I this correct?
Thanks
Adam
leakyroof said:Exactly- And it's no laughing matter for many of us stuck without the supply chain working correctly- I don't share anyone's laughter on this subject at all.
Bert Vanderveen said:There was an enlightening article in today’s New York Times about the supply constraints. Basically the extreme focus of companies on Just-in-Time with less or no inventory on site has freed a lot of capital that has been used to buy back shares (and increase dividends), that otherwise could have been spent on strengthening a preferably local supply chain. That last bit explains why Chinese and Far Eastern companies haven’t suffered as much as the Western ones, bc their supply chains are pretty close to their manufacturing/completion facilities.
So — it has been plain and simple greed and capitalism that has caused this mess. Nothing new here.
Cypren said:I see a lot of criticism of companies for outsourcing their supply chains to cheaper countries without an examination of why it’s cheaper to get things from the other side of the world than get them at home. Western countries collectively passed a combination of labor and environmental laws that made all but the highest-margin manufacturing globally uncompetitive. But then, crucially, they didn’t go the rest of the way and put tariffs on imports from countries that don’t meet these standards because the public likes getting their cheap consumer goods so long as the people suffering to make them are nameless foreigners somewhere else.
So of course all of the domestic manufacturers were killed off. You simply can’t compete in a country with even moderate labor and environmental standards with businesses that can pay people pennies per hour and dump all the toxic waste they want into the environment. And because this affects entire supply chains, domestic production in low-standards countries gets more and more efficient as more parts of the supply chain localize, and production in high-standards countries gets less and less.
I could lob blame at politicians for this, but they’re just doing what the voters want them to: keep serving up cheap consumerism, with the costs paid by somebody else.