Reply to post: Re: Yours and mine

German regulators nix Taiwanese titan GlobalWafers' acquisition of Siltronic

M.V. Lipvig Silver badge

Re: Yours and mine

Actually, COVID caused a lot of companies worldwide to unexpectedly experience the main failings of the "just in time" supply chain and the "buy from the cheapest labor market" strategies. When the low labor cost nations shut their doors, too many companies found themselves suddenly with no product to sell, and no alternative suppliers to turn to, and it caused many businesses to fail practically with no warning. This has opened a lot of eyes, and hopefully will change how business look at the world. Chasing the last penny of profit is no good if it means you have no control over whether you can get the raw materials you need. It's better to give up a little profit to diversify your supply chain, and ensure that you have a little stock put back.

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