Inventory Problems News Today

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Its the hardworking people of the united states postal service. >> dana: president biden touting progress to relieve the backlog at the nations ports. dozens of cargo ships remain parked off the coast of los angeles ahead of the busiest shopping days of the year. william la jeunesse is live in california with the latest. good morning, william. >> indeed there are improvements. you have shipping rates are down, the ports of l.a. and long beach are flipping containers faster and you have fewer shi...

Got no morals, no conscious. i spent over 100,000 just on attorneys, chasing people. >> after learning that harsh lesson, peter went to the other extreme, creating too many moving parts to the wolfcom manufacturing process. >> next thing you know, were dealing with up to 80 vendors. then we have inventory problems. you have everything except one piece and theres a two-month delay, but youve got a customer who ordered a thousand units. when i did it that way, theres no copy cat, but it is a pain ...

Trading now at 4.34. thats apple. you can forget sticker shock at schools. get ready for even more at the pump. thats the warning from aaa after an incredible two-week run-up in gas prices. scott is with us. all right. tell me, how bad is this going to get? >> i think it could get worse before it gets better. that market, the crude market, which gasoline is traded off of, is looking to shock to the upside. we have had inventory problems and weve had geopolitical problems. those two things have...

Gone up 12-cents from kwrez are. that is the highest single day spike and the highest price in four years according to aaa. experts predict its likely this will break the record of $4.62 set back in june of 2008. and its possible we could see the average break the $5 per gallon. this all due to inventory problems, refineries already decreasing production as they wait to switch over to the winter grade fuel at end ever the month. this past monday the refinery in southern california was shut down ...

See. >> you get people who, they just have no morals, no conscience. i mean we lost huge deals in other countries. i spent over $100,000 just on attorneys chasing people. >> after learning that harsh lesson, peter went to the other extreme. creating too many moving parts to the wolfcom manufacturing process. >> next thing you know were dealing with up to 80 vendors, we have inventory problems. you have everything except one piece. and theres a two-month delays, but youve got a customer who order...

Got no morals, no conscientious. we lost hu -- no conscious. >> after learning that harsh lesson, peter went to the other extreme, creating too many moving parts to the process. >> next thing you know, were dealing with 80 vendors. then we have inventory problems. you have everything except one piece. theres a two-month delay. but youve got a customer who ordered a thousand units. when i did it that way, theres no copy cat, but it is a pain in the butt. >> eventually, peter fixed this too. by th...

Start, you know, no morals, no conscience. i mean we lost a huge field in other countries. i spent over $100,000 just on attorneys chasing people. >> reporter: after learning that harsh lesson, peter went to the other extreme. creating too many moving parts to the wolfcom manufacturing process. >> next you know were dealing with up to 80 vendors, that we have inventory problems. you have everything except one piece, and theres a two month delay, but youve got a customer who ordered 1,000 units. ...

Of the day off lot of products in your warehouse that arent really worth a whole lot. so yes, there were inventory problems. >> since they had done very little research to understand their customers needs, melody and her team were blindsided when demand slowed down. the company also ran into intellectual property problems, problems with their business processes and a host of other issues. >> here we go, $3 million, easy. now we talk about easy go, too. >> with sale at a tenth of their peak, many...

Warehouse, that arent really worth a whole lot. so, yes, there were inventory problems. >> since they had done very well research to understand their customers needs, melody and her team were blindsided when demand slowed down. the company also ran into intellectual property problems, problems with their business processes, and a host of other issues. >> there we go, $3 million, easy come, now we talk about easy go, too. >> with sales at a tenth of their peak, many people would have thrown in th...