|
Community Links |
Social Groups |
Pictures & Albums |
Members List |
Search Forums |
Advanced Search |
Go to Page... |
|
Thread Tools |
04-27-2021, 02:21 PM | #1 |
News Staff
Join Date: Jul 2009
Location: Kiribathgoda, Sri Lanka
Posts: 1,998
|
Last edited by SilverOptimus; 04-27-2021 at 02:23 PM.. |
04-27-2021, 02:37 PM | #2 |
Packed with Fiber!
Join Date: Sep 2020
Location: Cincinnati, OH
Posts: 2,637
|
Eh, to be expected. Plastic takes oil to make, and oil is going up, so of course plastics will go up along with it.
|
04-27-2021, 03:05 PM | #3 |
Epically lazy bastard!
Join Date: Mar 2008
Location: My Recliner
Posts: 23,983
|
Bah...its more corporate greed than anything. Just means hasbro will be getting less of my money. Just more money for wine and cupcakes.
__________________
First porn, then cupcakes.. My Feedback: https://www.hisstank.com/forum/buy-s...-feedback.html Griffs Garage Customs thread: https://www.hisstank.com/forum/g-i-j...e-customs.html |
04-27-2021, 03:10 PM | #4 |
Crimson Guard
Join Date: Jul 2020
Location: PA
Posts: 4,691
|
Quote:
This is all to say: if prices go up enough to make it unpalatable for scalpers to hunt down product, I'll gladly pay a few $ more to get product in stores and online. Spend $23 now to avoid spending $55 later to get it on eBay. The math is pretty clear.
__________________
Trading for Nothing; Have: Nothing http://www.hisstank.com/forum/g-i-jo...-baroness.html |
04-27-2021, 03:29 PM | #5 |
Cobra Viper
Join Date: Jul 2020
Location: amenos
Posts: 164
|
They're saving 4 to 5% on labor by manufacturing in China but transportation makes the cost between foreign and domestic manufacturing minuscule.
If Hasbro put some half-automated factories in Mexico and invested in clean ground freight they could skip the port crunch entirely and keep labor costs down, too. Hell, put it in the USA and lead an innovation in Made In America. But no, they want to focus on raw materials because it's part of a speculative commodities market they can't fully control. Playing the victim while they egg on a service industry that has people basically babysitting boxes all day. It would be a lot different if we were actually making those boxes and what's in them. |
04-27-2021, 03:42 PM | #6 |
Hisstank.Com General
Join Date: Jun 2009
Location: Secret underground complex
Posts: 7,023
|
I figure we will see 6” figs going for around $22 now.
|
04-27-2021, 03:51 PM | #7 |
Crimson Guard
Join Date: Nov 2017
Location: FL
Posts: 1,412
|
Quote:
They're saving 4 to 5% on labor by manufacturing in China but transportation makes the cost between foreign and domestic manufacturing minuscule.
If Hasbro put some half-automated factories in Mexico and invested in clean ground freight they could skip the port crunch entirely and keep labor costs down, too. Hell, put it in the USA and lead an innovation in Made In America. But no, they want to focus on raw materials because it's part of a speculative commodities market they can't fully control. Playing the victim while they egg on a service industry that has people basically babysitting boxes all day. It would be a lot different if we were actually making those boxes and what's in them. There is no incentive to move operations out of China and many other Asian territories because it's still far cheaper to manufacture. Also freight issues are tentative and will fluctuate. Right not it's all time highs because of demand and a whole ton of other factors related to pandemic backlogs, shut downs, and bottlenecks at ports. The investment to build factories, train staff, and more is not worth it and even the companies moving out of China, are not moving operations to the US and often not Mexico cause it's not worth it. Freight issues will iron themselves out with time, but the covid related production woes is not gonna have companies investing billions in setting up new factories in countries where they are then going to be spending a whole lot more then to produce, not to mention the process of setting up these new facilities will take years. Samsung's moving of factories to Thailand took years, and those willing are moving to other Asian countries as it's still far cheaper to produce in while they are also avoiding the tariffs we are having to pay in the manufacturing industry to use China. Our company is being priced out of China cause of many factors and the tariffs just cemented that... so we switched to getting our product manufactured in Vietnam. Still having to raise prices as global material costs are rising across the board, shortages of raw goods, oil price increases, and the freight increases also. But compared to getting our product made here in the US? Still in the end 40-50% cheaper to go overseas. |
04-27-2021, 04:10 PM | #8 |
Bill Cosplay
Join Date: Feb 2014
Location: Staying clear of knee-jerk nerds.
Posts: 5,910
|
Oh LAWD!
__________________
"Good luck in your senior year!" "If Adolf Hitler flew in today, they'd send a limousine anyway." "This ain't no party. This ain't no disco. This ain't no foolin' around." |
SmokeBellew |
View Public Profile |
Find More Posts by SmokeBellew |
04-27-2021, 05:34 PM | #9 |
Salty Scallywag
Join Date: Nov 2010
Location: Swabbin' with Shippy
Posts: 3,226
|
Yeah companies across the board are announcing this. Haven't you all known for a while that we're @%$#ed?
__________________
. _ Sunbow Lady Jaye by Luke's Toy Box My GI Joe Art on HissTank My artwork on Instagram Contact me at: [email protected] seanbeckettart.com |
04-27-2021, 05:45 PM | #10 |
Cobra Viper
Join Date: Jan 2018
Location: Florida
Posts: 1,486
|
Ehh, we all knew this was going to happen. Wonder what the new price will be?
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Hasbro Planning To Raise Toy Prices And Modifying For A Cost Cut | SilverOptimus | G.I. Joe News and Rumors | 27 | 08-30-2019 07:29 PM |
If gas prices are going down, shouldn't Hasbro also lower prices back down? | fdny71 | G.I. Joe Toys Modern & General Discussion | 13 | 11-16-2008 04:03 AM |
Target Raise's Prices to $9.89!!! | Shadow Ninja | G.I. Joe News and Rumors | 72 | 11-02-2008 04:03 AM |
Hasbro raising prices September 1st | Gaelinic | G.I. Joe General Discussion | 103 | 09-04-2008 12:28 AM |
Can you please keep your prices low - THIS IS FOR HASBRO PLEASE READ!!!! | flash70 | Toys | 2 | 06-23-2007 09:04 PM |
|
|
Recent Off Topic Threads |
What song are you listening to? |
1:18 Airwolf kickstarter |
4" Fortnite from Jazwares |
JazWares 18th Halo |
Marvel Universe 3.75" figures |