Cheers JM123,
Your formula seems pretty close, reason why I am looking into this is I think
as an industry we are being hood winked by some major players in our
industry. I found this out when going the DIY route and getting quotes
on parts etc...
I'll give you an example that does happen every day, each morning petrol
stations will ring each other to see what the going rate is for petrol. That's
why you will drive around and see prices always the same, this does happen.
I will not name names etc.. but in my enquiries I found certain products if you
were a new supplier you could not sell the product at a lower price than other
suppliers. I am not going to say the word, work it out for yourself. It does
happen in our industry and it is legal.
Hence my search to try to min. our running costs and all the questions I am
asking. We are all on here to save costs but our industry I feel will not tell
us.
To be blunt some company's offer good prices for example Gardners but on
some parts they will never compete on other companys
Work it out yourselves, please do not ask me for examples. I was told this
info by actual manufacturers so I will always keep this info as it is their jobs.
There are 2 major suppliers for resin, to drop the price I think there needs to
be a couple of new players coming on board. I'm using my skills to help
me and this industry, some prices are fair some are not.
Thats all I have to say so guys please help us with the questions I ask and I will
see what the best I can do.
Doug