Das erste Glied der Kette besitzen
When the same line runs short season after season, owning its source costs less than chasing it.
A trader who only buys stays at the mercy of what is available. That is tolerable in the abundant lines and expensive in the ones whose market tightens every few years.
Investing in land and livestock was less an expansion into a new activity than an insurance on one end of the book: production whose conditions we know, a quality standard we set ourselves, and first-hand knowledge of what it means to grow the crop rather than buy it.
Nachrichten
Verwandte Beiträge
Nachrichten der Gruppe
Zwei Bücher, ein Schreibtisch
What does a wheat cargo have in common with a polymer cargo? Nothing — except the part that actually matters.
Betrieb
Warum wir beim Verladen prüfen, nicht bei der Ankunft
Ein Qualitätsstreit nach der Ankunft kostet beide Seiten teuer. Die unabhängige Prüfung beim Verladen ist die billigste Versicherung im Handel.
Märkte
Eine Anmerkung zur Fracht
The price of the goods is half the story. Freight decides the other half, and it is the half that gets forgotten.