Was his last name Rearden?
Was his last name Rearden?
"There are no finger prints under water."
I can reply a little bit on this on material costs.
I'm only an owner with 1 employee. I do notice the steel costs move around. I only try to buy once a yr and order everything I think I need. Keeps it down. But as mentioned, I only order once, twice a yr and only spend about $2k.
You know really kills me!? Abrasives! Grinding disks, sand paper, etc. I have them broke down into individual sheets, but we still have to keep track of them. By far my biggest expense. Bet it's all of $300 a month.
And I'm a super small shop!! Can't imagine having 100 employees!