I have a question. If Meh is purchasing xs inventory, out of date inventory, etc.**, and reselling it at a discount to willing Meh customers (aka suckers), then why are we limited to purchasing only three items at time?
When Meh purchases unsold inventory at a deep discount, then that inventory becomes part of the working capital of Meh and all the associated bidnesses, so while it may be less evil, it is still evil. To be sure, the bidness model of Meh requires that a certain level of product be available for the suckers, but it seems to moi to be a fine balancing act of enough to make a profit and not enough to take the loss somehow integrated into the size of the Meh warehouse, which, I’m sure is quite finite.
Some remarkable and most memorable events even still have occurred owing to Meh’s ability to manage this. Pasta Drop, to name one, has become legend. And, I, for one, loved the bean drop as well. I usually bite on the offerings of a Pedroncelli wine, renamed and disguised as a “Cheer” around this season. My lament for the Cheer offerings is that the suckers are only allowed two.
**Anyone who understands the fundamentals of business knows that working capital is evil. Working capital is money tied up in things like inventory of finished goods, raw materials, as well as accounts receivable and accounts payable, etc. Of these items, unsold inventory is perhaps the most evil, next to accounts receivable. I think unsold inventory is the most evil as it encompasses the sunk costs of manufacturing and all the support costs that go into that.
I have a question. If Meh is purchasing xs inventory, out of date inventory, etc.**, and reselling it at a discount to willing Meh customers (aka suckers), then why are we limited to purchasing only three items at time?
When Meh purchases unsold inventory at a deep discount, then that inventory becomes part of the working capital of Meh and all the associated bidnesses, so while it may be less evil, it is still evil. To be sure, the bidness model of Meh requires that a certain level of product be available for the suckers, but it seems to moi to be a fine balancing act of enough to make a profit and not enough to take the loss somehow integrated into the size of the Meh warehouse, which, I’m sure is quite finite.
Some remarkable and most memorable events even still have occurred owing to Meh’s ability to manage this. Pasta Drop, to name one, has become legend. And, I, for one, loved the bean drop as well. I usually bite on the offerings of a Pedroncelli wine, renamed and disguised as a “Cheer” around this season. My lament for the Cheer offerings is that the suckers are only allowed two.
**Anyone who understands the fundamentals of business knows that working capital is evil. Working capital is money tied up in things like inventory of finished goods, raw materials, as well as accounts receivable and accounts payable, etc. Of these items, unsold inventory is perhaps the most evil, next to accounts receivable. I think unsold inventory is the most evil as it encompasses the sunk costs of manufacturing and all the support costs that go into that.