Tag: Profit = Price – Cost

Parker Hannifin and Market Driven Pricing

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Seeking Perfect Prices, CEO Tears Up the Rules - WSJ.comI haven't mentioned it in a while, was trying to give it a rest for...

Blame the Vendor or Hospital Purchasing??

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I'm sure most of you are familiar with or have used the Akro blue bins for organizing parts, tools, or a kanban system. The...

GM Goes Big with Inventory

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WSJ: At GM, Curbing Inventories Calls For Juggling ActFrom the article:At the end of December, GM had more than one million vehicles in...

We’d be fine if you just Paid us More

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Hospitals prescribe increased reimbursements from insurers to aid recovery of sickly health care systemHospitals need to learn to reduce costs. You can't just...

See, GM raises prices because they can

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GM raises price of some '07s | Chicago Tribune:The other day, I complained about how GM was "forced" to raise prices due to materials...

GM Thinks Its Entitled to Price Increases – WRONG

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Materials costs force GM to raise pricesYet another example of a non-lean mindset company thinking they are entitled to price increases because costs went...

Some Honesty in Pricing for Once

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U.S. airlines raise fares by up to $10 each wayHere is some rare honesty in the discussion about how prices are set. Normally,...

The "Because I Can" Surcharge

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ContraCostaTimes.com | 05/05/2006 | Consumers feel the sting at pump and elsewhere Post office wants to raise stamp prices - U.S. Life - MSNBC.com: I'm ticked...

Hey GM! Prices Are Set by the Market

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Headline:General Motors Cuts Prices on 80 Percent of Its U.S. ModelsRemember the "new" Toyota Production System thinking:Profit = Market-Set Price (minus) Your CostsThe "old"...

More on the Toyota Cost/Profit Model

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Evolving Excellence: Its About Cost, Stupid!Great post here by Bill Waddell about the Toyota "Profit/Cost" model ofProfit = Price - Cost. He elaborates...

Local firms are squeezed by gas prices

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SignOnSanDiego.com > News > Metro -- San Diego: This story is from California, but I've also seen it in the local news. I've...

More Whining About Not Being Able to Pass Along Costs

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JS Online: Manufacturing outlook dips, but index is still strong:When I saw this headline (also a WSJ article today), I expected to read something...