I'm in supply chain dealing with the fukkery AMA; Update: Chip shortage until at least 2022

[Neo. The Only. The One.]

Well, some new shyt just started in the last few weeks...

We keep getting supplier price increases from 5-20% in anticipation of the end of the year. What is new though is typically once you get a price increase, it applies to all new orders. Now they are freezing shipments and saying any open (including late) orders will be invoiced at the new price and they won't ship otherwise.

This is foul. It also means price increases are going to flow down to the consumer much more rapidly. I wouldn't be shocked if everything gets jacked up post-Christmas. Some people are trying to hold back so holiday sales aren't hurt but come January 1st, the deluge.

I expect Biden to do something about this. He's already making sure the supply chain issues are worked out as far as delivery and distribution. Now he needs to get on the phone with these fool CEO's and tell them to stop the foolery.

 

[DrBanneker]

That's ridiculous

How can they just change a price that's been agreed upon and started?

We talked to Legal and well, it is more expensive and likely damaging to fight than to just take it. Shut down your production and fight in court isn't an option except in huge circumstances.

 

[The M.I.C.]

I expect Biden to do something about this. He's already making sure the supply chain issues are worked out as far as delivery and distribution. Now he needs to get on the phone with these fool CEO's and tell them to stop the foolery.

He hasn't done anything.

If anything, things are getting worse.. I'm lucky I still have my lines to New England and Miami relatively intact or else my customers would be looking at 40 to 50 percent increases on their product (seafood) and I've given up trying to get anything (dry goods) coming from the west coast because truckers are demanding (and getting) ridiculously high rates for transport, there's STILL no low cost space (if at all) available for RAIL and this is with me offering to go halfway cross the country to Texas to pick up cargo (for my survival goods biz).

I put in an order for new generators and I was told point blank.."don't expect anything in your hands before April 2022." I have ZERO generators for sale at the moment.

 

[Neo. The Only. The One.]

He hasn't done anything.

If anything, things are getting worse.. I'm lucky I still have my lines to New England and Miami relatively intact or else my customers would be looking at 40 to 50 percent increases on their product (seafood) and I've given up trying to get anything (dry goods) coming from the west coast because truckers are demanding (and getting) ridiculously high rates for transport, there's STILL no low cost space (if at all) available for RAIL and this is with me offering to go halfway cross the country to Texas to pick up cargo (for my survival goods biz).

I put in an order for new generators and I was told point blank.."don't expect anything in your hands before April 2022." I have ZERO generators for sale at the moment.

The supply chain has eased up some bro and I can tell that by looking at the shelves in my area. I can't speak on generators but I'm telling you that going by store shelves for common goods, we are better than we were in my area a month or so ago.

 

[Red Shield]

Well, some new shyt just started in the last few weeks...

We keep getting supplier price increases from 5-20% in anticipation of the end of the year. What is new though is typically once you get a price increase, it applies to all new orders. Now they are freezing shipments and saying any open (including late) orders will be invoiced at the new price and they won't ship otherwise.

This is foul. It also means price increases are going to flow down to the consumer much more rapidly. I wouldn't be shocked if everything gets jacked up post-Christmas. Some people are trying to hold back so holiday sales aren't hurt but come January 1st, the deluge.

Damn

 

[DrBanneker]

The supply chain has eased up some bro and I can tell that by looking at the shelves in my area. I can't speak on generators but I'm telling you that going by store shelves for common goods, we are better than we were in my area a month or so ago.

What I have seen is the shortages are rolling. What was scarce back in the fall we have now but some stuff we had in the fall is going ghost now. It is like whack a mole at this point.

 

[Vandelay]

CNBC surprisingly puts together some really well informed summaries of what's going on in supply chain.

 

[MajesticLion]

Amazon always understood: they didn't want to be the largest retailer, they wanted to be the largest logistics company.

 

[BaltimoreTwilightMarauder]

I expect Biden to do something about this. He's already making sure the supply chain issues are worked out as far as delivery and distribution. Now he needs to get on the phone with these fool CEO's and tell them to stop the foolery.

Expect Joe Biden to do something, bread.

 

[Vandelay]

Them, Tesla, hell even Facebook know they need to be bigger than a retailer, a car company, or a social media company.

They're trying to control the entire flow. shyt is mind-boggling when you think of it.

 

[east]

this is the same thing they did with AWS, make yourself the first customer, iron out all the bugs, then sell it to the world. it's the same thing they're doing with contactless retail POS systems too, and prolly a bunch of other shyt i can't think of at 7 in the morning.

 

[DrBanneker]

A big question mark for 2022 on the labor shortages that directly affect the prices we see. How many large corporations will see any labor/shortage disruption now the appeals court has cleared the way for the OSHA vaccine mandate for companies with over 100 employees? I have no stats on vaccine uptake in large corporate settings.

The Occupational Health and Safety Administration said Saturday that it would not issue citations tied to its coronavirus vaccination mandate before Jan. 10, so that companies have time to adjust to and implement the requirements.

The federal agency separately said there would be no citations of companies regarding its testing requirements before Feb. 9.

The announcement came after the U.S. Court of Appeals for the Sixth District in Cincinnati decided on Friday that the mandate for large employers could go forward, reversing a previous court decision made after 27 Republican-led states, conservative groups, business associations and some individual companies challenged the mandate.

OSHA said in a statement that it would not issue citations before the listed dates “so long as an employer is exercising reasonable, good faith efforts to come into compliance with the standard.”

The mandate was previously slated to take effect Jan. 4.

The Biden administration's vaccine requirement applies to companies with 100 or more employees and covers about 84 million U.S. workers. Employees who are not fully vaccinated have to wear face masks and be subject to weekly COVID-19 tests. There are exceptions, including for those who work outdoors or only at home.

Administration officials estimate that the mandate will save 6,500 lives and prevent 250,000 hospitalizations over six months.

 

[froggle]

What's the latest intel you got @DrBanneker ?

I've been feeling it

 

[Easy-E]

Two days ago. They're smelling profit.




Kraft Heinz says people must get used to higher food prices

Tone Talks and Yvette Carnell get shytted on, mercilessly, on here.

But, they've been talking about this for years. People are living off inheritance, now. Labor will never caught up with inflation. So, if you didn't get a grandparent with bread, you fukked up.

Yes, a lot of people are fukked up, but, they've been paying these high prices because white folk still got more money than they know what to deal with.

They still spending that Obama money (quantitative easing)

White Wealth

2 trillion - 1980's
25 trillion - 1990's
125 Trillion - 2010's

Tone explains it in the first 5 mins.

 

[DrBanneker]

What's the latest intel you got @DrBanneker ?

I've been feeling it

Things are still flying, we are seeing 10-20% increases still coming through from component manufacturers so we are looking at a 10% price increase for our manufactured goods. This is going to slam the consumer by summer

Also due to the war in Ukraine, wheat future prices just hit a ten year high. Food and energy inflation is about to get the fukk out of control and especially with energy there is a knock on effect with all products.