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Old 02-14-2025 | 07:31 AM
  #29  
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tnkrdrvr
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Originally Posted by Recliner
How is this latest Amazon announcement different than when Carol rolled out Better not bigger?
Its not. It’s more of the same from her. I don’t have a problem with bumping low margin volume to make way for high margin volume. However, Carol has failed to find that new high margin volume. Right now, her plan is to shrink the company’s capacity down to what is needed for pre-existing high margin volume. Effectively giving market share to other industry players who can then leverage that volume to go after our high margin volume. I’m not a huge fan of this strategy and neither is Wall Street. My guess is she will be pushed out soon in favor of someone who wants to aggressively grow our market share and proactively build the business. Otherwise, we will be stuck in a slow motion death spiral of gradual cuts to as we shed “Less profitable” business.
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