The economic consequences of Brexit (Vol 2)
Discussion
SilverSixer said:
jsf said:
SilverSixer said:
Vote Leave's Project Fear was the real Project Fear. All the blather about Remain being fear based was merely projection. The economic fallout of brexit is beginning, is real and will be enormously difficult to arrest.
Do you still believe the Osborne treasury report on the impact of leaving the EU is correct?But yeah, woo yay brexit. I'm being an unpatriotic moaner talking the country down.
///ajd said:
...
Murph seemed to really struggle with what methodologies like JIT, MRP and Kanban are about, so I tried to provide examples, and why it is really nothing to do with the leadtime of a product from factory to a customer. He seemed to think it was about an extra days delay to a customers car. This could not really be further from the real point of such methodologies.
...
My struggle was with the view that a "12-24 hour" customs delay was material in a product cycle that is 13wks already. It still is, despite your cut and paste (I am well able to Google myself Murph seemed to really struggle with what methodologies like JIT, MRP and Kanban are about, so I tried to provide examples, and why it is really nothing to do with the leadtime of a product from factory to a customer. He seemed to think it was about an extra days delay to a customers car. This could not really be further from the real point of such methodologies.
...
).///ajd said:
......
BMW / Rolls Royce mentioned supply chain considerations may lead to a relocation of their production to Germany. They are not talking "utter garbage" just for giggles.....
Read the full article. It is another that seems to be more about attempted leverage than manufacturing reality.BMW / Rolls Royce mentioned supply chain considerations may lead to a relocation of their production to Germany. They are not talking "utter garbage" just for giggles.....
I am sure that added friction to the customs process isn't desirable and that this will mean change may be required in certain parts of the supply chain (note "may". Along with words like "if", "could" and "possibly" in the articles you link to). Material enough to move a full production line from one country to another when those same companies have already noted they're producing here? Doubtful.
Murph7355 said:
///ajd said:
...
Murph seemed to really struggle with what methodologies like JIT, MRP and Kanban are about, so I tried to provide examples, and why it is really nothing to do with the leadtime of a product from factory to a customer. He seemed to think it was about an extra days delay to a customers car. This could not really be further from the real point of such methodologies.
...
My struggle was with the view that a "12-24 hour" customs delay was material in a product cycle that is 13wks already. It still is, despite your cut and paste (I am well able to Google myself Murph seemed to really struggle with what methodologies like JIT, MRP and Kanban are about, so I tried to provide examples, and why it is really nothing to do with the leadtime of a product from factory to a customer. He seemed to think it was about an extra days delay to a customers car. This could not really be further from the real point of such methodologies.
...
).///ajd said:
......
BMW / Rolls Royce mentioned supply chain considerations may lead to a relocation of their production to Germany. They are not talking "utter garbage" just for giggles.....
Read the full article. It is another that seems to be more about attempted leverage than manufacturing reality.BMW / Rolls Royce mentioned supply chain considerations may lead to a relocation of their production to Germany. They are not talking "utter garbage" just for giggles.....
I am sure that added friction to the customs process isn't desirable and that this will mean change may be required in certain parts of the supply chain (note "may". Along with words like "if", "could" and "possibly" in the articles you link to). Material enough to move a full production line from one country to another when those same companies have already noted they're producing here? Doubtful.
http://www.miniplantoxford.co.uk/production/flexib...
Following info taken from the link:
Some parts are called up JIT at as little as 4 hours notice - obviously this will be for local parts.
Customer changes can be taken a little as 7 days before assembly.
And whilst there is tight integration in the UK supplier base as stated, only 40% of parts are from UK, rest from EU and RoW.
One final explanation - a new Mini is made every 68 seconds. That's about 1270 cars a day. They all have 4 wheels (no spare), so that's the factory chomping through 5000 wheels a day. Now I don't know what the stock holding is for this, but for arguments sake lets say its a days worth. That's 5000 wheels in stock at the factory. Now imagine some supply chain change/uncertainty meaning you have to stock up on 2 days worth, rather than 1. That's 10,000 wheels sitting in the factory, not 5000. This is a clearly a bigger pain in the arse from several aspects. Can you see how it makes no difference to how long it takes to make a car, but is a worse situation?
All these little things add up.
///ajd said:
Have a look here.
http://www.miniplantoxford.co.uk/production/flexib...
Following info taken from the link:
Some parts are called up JIT at as little as 4 hours notice - obviously this will be for local parts.
Customer changes can be taken a little as 7 days before assembly.
And whilst there is tight integration in the UK supplier base as stated, only 40% of parts are from UK, rest from EU and RoW.
One final explanation - a new Mini is made every 68 seconds. That's about 1270 cars a day. They all have 4 wheels (no spare), so that's the factory chomping through 5000 wheels a day. Now I don't know what the stock holding is for this, but for arguments sake lets say its a days worth. That's 5000 wheels in stock at the factory. Now imagine some supply chain change/uncertainty meaning you have to stock up on 2 days worth, rather than 1. That's 10,000 wheels sitting in the factory, not 5000. This is a clearly a bigger pain in the arse from several aspects. Can you see how it makes no difference to how long it takes to make a car, but is a worse situation?
All these little things add up.
Seriously ///ajd, you sound like a 5 year old trying to explain big bang theory. Its starting to make even me laugh.http://www.miniplantoxford.co.uk/production/flexib...
Following info taken from the link:
Some parts are called up JIT at as little as 4 hours notice - obviously this will be for local parts.
Customer changes can be taken a little as 7 days before assembly.
And whilst there is tight integration in the UK supplier base as stated, only 40% of parts are from UK, rest from EU and RoW.
One final explanation - a new Mini is made every 68 seconds. That's about 1270 cars a day. They all have 4 wheels (no spare), so that's the factory chomping through 5000 wheels a day. Now I don't know what the stock holding is for this, but for arguments sake lets say its a days worth. That's 5000 wheels in stock at the factory. Now imagine some supply chain change/uncertainty meaning you have to stock up on 2 days worth, rather than 1. That's 10,000 wheels sitting in the factory, not 5000. This is a clearly a bigger pain in the arse from several aspects. Can you see how it makes no difference to how long it takes to make a car, but is a worse situation?
All these little things add up.
///ajd said:
Have a look here.
http://www.miniplantoxford.co.uk/production/flexib...
Following info taken from the link:
Some parts are called up JIT at as little as 4 hours notice - obviously this will be for local parts.
Customer changes can be taken a little as 7 days before assembly.
And whilst there is tight integration in the UK supplier base as stated, only 40% of parts are from UK, rest from EU and RoW.
One final explanation - a new Mini is made every 68 seconds. That's about 1270 cars a day. They all have 4 wheels (no spare), so that's the factory chomping through 5000 wheels a day. Now I don't know what the stock holding is for this, but for arguments sake lets say its a days worth. That's 5000 wheels in stock at the factory. Now imagine some supply chain change/uncertainty meaning you have to stock up on 2 days worth, rather than 1. That's 10,000 wheels sitting in the factory, not 5000. This is a clearly a bigger pain in the arse from several aspects. Can you see how it makes no difference to how long it takes to make a car, but is a worse situation?
All these little things add up.
You don't start stocking more because of delays in shipping that's not JIT - you adjust your call off times to compensate for any increase in shipping times and keep delivery timing in line with production demands.http://www.miniplantoxford.co.uk/production/flexib...
Following info taken from the link:
Some parts are called up JIT at as little as 4 hours notice - obviously this will be for local parts.
Customer changes can be taken a little as 7 days before assembly.
And whilst there is tight integration in the UK supplier base as stated, only 40% of parts are from UK, rest from EU and RoW.
One final explanation - a new Mini is made every 68 seconds. That's about 1270 cars a day. They all have 4 wheels (no spare), so that's the factory chomping through 5000 wheels a day. Now I don't know what the stock holding is for this, but for arguments sake lets say its a days worth. That's 5000 wheels in stock at the factory. Now imagine some supply chain change/uncertainty meaning you have to stock up on 2 days worth, rather than 1. That's 10,000 wheels sitting in the factory, not 5000. This is a clearly a bigger pain in the arse from several aspects. Can you see how it makes no difference to how long it takes to make a car, but is a worse situation?
All these little things add up.
what no one currently knows is what the increase in shipping times will be outside of SM and CU but my money as always is business will find a way forward that works for them.
B'stard Child said:
You don't start stocking more because of delays in shipping that's not JIT - you adjust your call off times to compensate for any increase in shipping times and keep delivery timing in line with production demands.
what no one currently knows is what the increase in shipping times will be outside of SM and CU but my money as always is business will find a way forward that works for them.
Let him carry on. I'm enjoying being educated.what no one currently knows is what the increase in shipping times will be outside of SM and CU but my money as always is business will find a way forward that works for them.
Murph7355 said:
B'stard Child said:
You don't start stocking more because of delays in shipping that's not JIT - you adjust your call off times to compensate for any increase in shipping times and keep delivery timing in line with production demands.
what no one currently knows is what the increase in shipping times will be outside of SM and CU but my money as always is business will find a way forward that works for them.
Let him carry on. I'm enjoying being educated.what no one currently knows is what the increase in shipping times will be outside of SM and CU but my money as always is business will find a way forward that works for them.
Murph7355 said:
B'stard Child said:
You don't start stocking more because of delays in shipping that's not JIT - you adjust your call off times to compensate for any increase in shipping times and keep delivery timing in line with production demands.
what no one currently knows is what the increase in shipping times will be outside of SM and CU but my money as always is business will find a way forward that works for them.
Let him carry on. I'm enjoying being educated.what no one currently knows is what the increase in shipping times will be outside of SM and CU but my money as always is business will find a way forward that works for them.
For the third time, never in the history of . . . . . well you know the rest.
Crackie said:
///ajd said:
My final observation would be that I have wondered for some time who the professional engineers are here, and who perhaps who like to think they are but are not.
Good Point ajd ? Be careful what you wish for......*Powerfully built, but no goatee . . . . . . probably!
B'stard Child said:
You don't start stocking more because of delays in shipping that's not JIT - you adjust your call off times to compensate for any increase in shipping times and keep delivery timing in line with production demands.
I'm sorry BC, but you're going to have to stop posting common sense answers like this, it just won't do old bean. Carry on and you'll spoil this thread with grown up logic. Who wants logic when you can have slasher's interpretation of life, the universe and Brexit ? Heck, the slasher gang is the only reason I look into this thread, so don't go and spoil it by scaring them off eh ?
Garvin said:
You are, as you well know, not being educated. I have already explained in previous posts what BC has quite correctly stated but some here just refuse to listen or are of such low intellect that they are unable to comprehend. Yet still they persist with posting such utter garbage.
For the third time, never in the history of . . . . . well you know the rest.
There are some so desperate to be proved right that Brexit is "bad" that they'll latch onto anything and everything and never let go. don4l used to be similar on the leave side of the coin, but was a bit less dour in doing so For the third time, never in the history of . . . . . well you know the rest.
(I wonder what he's up to). The truth will be somewhere in the middle.
There are going to be winners and losers in the overall outcome just as there were while we were members and just as there always is through any political change. I guess it's understandable that those working and living in the EU (or intending to) are going to be a bit more nervous than those of us who aren't.
But the level of hysteria makes me wonder how some get out of bed in the morning. The EU would seem to have been very successful at becoming a comfort blanket for a lot of people. That's not healthy.
More bad news for retailers...
http://www.cityam.com/272373/pound-has-jumped-afte...
'The pound has jumped after UK high street sales smashed expectations last month'
Still no sign of needing that £32billion emergency budget just yet!
http://www.cityam.com/272373/pound-has-jumped-afte...
'The pound has jumped after UK high street sales smashed expectations last month'
Still no sign of needing that £32billion emergency budget just yet!
amgmcqueen said:
More bad news for retailers...
http://www.cityam.com/272373/pound-has-jumped-afte...
'The pound has jumped after UK high street sales smashed expectations last month'
That can't be right, the Remainers keep telling us that the economy is slowing and we're experiencing disaster all around us. I feel left out.http://www.cityam.com/272373/pound-has-jumped-afte...
'The pound has jumped after UK high street sales smashed expectations last month'
jsf said:
The FED report just out knocked it back 0.24% as the FED has signalled an imminent rate rise and they have stated they will wind back on QE, but the GBP is taking this much better than the other major currencies. The EURO has lost 0.84% and the Yen is down 0.62% as a result.
It is almost as if one of the prime drivers of exchange rate movements is monetary policy and not whether one is leaving the EU or not. Tuna said:
amgmcqueen said:
More bad news for retailers...
http://www.cityam.com/272373/pound-has-jumped-afte...
'The pound has jumped after UK high street sales smashed expectations last month'
That can't be right, the Remainers keep telling us that the economy is slowing and we're experiencing disaster all around us. I feel left out.http://www.cityam.com/272373/pound-has-jumped-afte...
'The pound has jumped after UK high street sales smashed expectations last month'
Tuna said:
I rely on SilverSixer, Mr T, ajd and Eddie to tell me how all this good news is so bad for me and how little I understand
Did someone whistle?Let's get away from all that overwhelmingly biased
http://www.cbc.ca/beta/news/politics/theresa-may-w...
Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff