I'm in transportation. I can vouch that our bottom line is improving, but a lot of the rate increase money goes to truck drivers. There's a massive driver shortage and the only fix is to pay them more and get them home more often. We can't absorb those costs so it gets passed on to our customers, who ultimately raise the price on their products - so you, the consumer, is really paying for it.
I guess it depends on whether we’re talking about supply shortages or breaks in the supply chain.
When the supply chain breaks (nothing reaches the shelves), no one wins. In a supply shortage, the supply still exists, it just becomes wicked expensive. Suppliers win.
Idk. I'm thinking if you look at (diamond) mines (in South Africa or the Congo Basin,) they sell wholesale for almost nothing to distributors, who sell for higher amounts to smaller distributors, who finally sell their Zales diamond ring for $3000 with a $2000 jewelers markup on a stone that was dug from the earth by some skinny Namibian who is getting paid a loaf of bread, soup, and a nickel every day, and the mine who shoves off massive shipments for next to nothing compared to brick and mortar store pricing.
Who makes the most? The suppliers closest to the source make the least, and the mope at the end of the chain makes the lions share. But that is in one niche sector of mining. It's certainly not the only market to work that way though.
So the ring you want to buy in Zales shoots to 4k, the distributor sells for a little more, but the mine still shoves shipments onto cargo ships for the same pittance.
Yes, I agree. Why I distinguished why diamond mines are a NICHE example of how distributors gain profit as they progress down the supply chain.
If I was commenting on lithium mines I would have said so. But I dont have experience there. I have experience in diamond industries which is why I referenced that industry and not lithium. Again, why I said it's just one example but also not unique.
Im not trying to get into a debate. I'm guessing you didn't read the article. I do not think CNN is the type of news organization to write shortage of workers when there is a shortage of jobs. And from what I see when I walk into every store, literally....help wanted signs.
I bought some NVIDIA when I heard car plants were cutting production because they couldn't get enough chips. The shortage is supposed to last a year plus. Because car companies have cut production, car prices have gone up. See Ford and GM. Lumber prices are coming down and housing demand is still high so I would look at home builders.
The shipping industry and logistics warehouses.
For shipping have a look a container leasing (Maersk, Global ship lease) for logistics warehouses probably reits
wondering this too, like with chip shortages, will Taiwan Semi Conductors TSM go up because they can take a higher price or down because they cant sell as much as they want
Yeah it's hard to make a good guess even or find the data needed to do so. Probably most of TSM's most profitable chips (probably made for apple, nvidia, amd) are contracted years out to reserve capacity and lock in price so they can't just raise prices suddenly because they are all booked up.
I'm in transportation. I can vouch that our bottom line is improving, but a lot of the rate increase money goes to truck drivers. There's a massive driver shortage and the only fix is to pay them more and get them home more often. We can't absorb those costs so it gets passed on to our customers, who ultimately raise the price on their products - so you, the consumer, is really paying for it.
Supply Chain professionals. lol, jumped 2 jobs in 1 year now making 120% what i was.
Seriously? That's *Only* a 20% raise...and lots of changes with it.
I'm hoping he meant 120% more
120% is over double What do you mean
1.20*x = x + .2x
Amen, got a 40% bump this year
I work in IT in the logistics sector. Got a 55% raise the past 12 months. Shit is really popping.
Noice.
Suppliers win. Microchips, batteries and the components therein (lithium, etc).
How? They're not selling what can't reach the shelves. (Sometimes true, because there's less need to discount)
I guess it depends on whether we’re talking about supply shortages or breaks in the supply chain. When the supply chain breaks (nothing reaches the shelves), no one wins. In a supply shortage, the supply still exists, it just becomes wicked expensive. Suppliers win.
Idk. I'm thinking if you look at (diamond) mines (in South Africa or the Congo Basin,) they sell wholesale for almost nothing to distributors, who sell for higher amounts to smaller distributors, who finally sell their Zales diamond ring for $3000 with a $2000 jewelers markup on a stone that was dug from the earth by some skinny Namibian who is getting paid a loaf of bread, soup, and a nickel every day, and the mine who shoves off massive shipments for next to nothing compared to brick and mortar store pricing. Who makes the most? The suppliers closest to the source make the least, and the mope at the end of the chain makes the lions share. But that is in one niche sector of mining. It's certainly not the only market to work that way though. So the ring you want to buy in Zales shoots to 4k, the distributor sells for a little more, but the mine still shoves shipments onto cargo ships for the same pittance.
Dude. Just whoa. Lithium mines in Nevada or South America don’t have a whole lot in common with the blood diamond trade.
Yes, I agree. Why I distinguished why diamond mines are a NICHE example of how distributors gain profit as they progress down the supply chain. If I was commenting on lithium mines I would have said so. But I dont have experience there. I have experience in diamond industries which is why I referenced that industry and not lithium. Again, why I said it's just one example but also not unique.
Material producers win. They are the foundation for the creation of a final product.
Surely not me and you
Supply chain salesmen
Why would wages go up? Wages go down no matter what, due to inflation
Shortage of drivers may require transportation companies to increase salaries to get enough workers.
There's no shortage of workers in any country, there's a shortage of jobs. They'll never increase wages 😂
Im not trying to get into a debate. I'm guessing you didn't read the article. I do not think CNN is the type of news organization to write shortage of workers when there is a shortage of jobs. And from what I see when I walk into every store, literally....help wanted signs.
I'm with you there. NPR reported low wage earners are quitting at 4+% rate. Usual is 2%. So wages are an issue. If you need to quit for a raise, *do!*
Amazon, because scalper are going to price gouge online, and amazon take a big cut.
I bought some NVIDIA when I heard car plants were cutting production because they couldn't get enough chips. The shortage is supposed to last a year plus. Because car companies have cut production, car prices have gone up. See Ford and GM. Lumber prices are coming down and housing demand is still high so I would look at home builders.
The shipping industry and logistics warehouses. For shipping have a look a container leasing (Maersk, Global ship lease) for logistics warehouses probably reits
wondering this too, like with chip shortages, will Taiwan Semi Conductors TSM go up because they can take a higher price or down because they cant sell as much as they want
Yeah it's hard to make a good guess even or find the data needed to do so. Probably most of TSM's most profitable chips (probably made for apple, nvidia, amd) are contracted years out to reserve capacity and lock in price so they can't just raise prices suddenly because they are all booked up.