Thursday, April 9, 2020

Out Of Toilet Paper??

One reason is because people are hoarding. Some were stockpiling last month in advance of city and state lockdown orders. It’s a common reaction in times of a crisis, when consumers feel a need for control and security, says David Garfield, global leader of the consumer products practice at Alix Partners, a consulting firm.

NCSolutions, a data and consulting firm, said online and in-store U.S. toilet paper sales rose 51% between Feb. 24 and March 10, as buyers started getting uneasy about the growing number of virus cases. But sales rocketed a whopping 845% on March 11 and 12 as states announced lockdowns.

WHAT ARE SOME OTHER REASONS FOR THE SHORTAGES?

Toilet paper flows from paper mills to retail stores through a tight, efficient supply chain. Toilet paper is bulky and not very profitable, so retailers don’t keep a lot of inventory on hand; they just get frequent shipments and restock their shelves.
Toilet paper flows from paper mills to retail stores through a tight, efficient supply chain. Toilet paper is bulky and not very profitable, so retailers don’t keep a lot of inventory on hand; they just get frequent shipments and restock their shelves.

“You never noticed because it’s so well-managed,” said Jim Luke, an economics professor at Lansing Community College in Michigan, who used to be a strategist for a toilet paper distribution company.
The amount of toilet paper the average American uses hasn't changed; it's still around 141 rolls per year (compared to 134 rolls in Germany and just 49 rolls in China, AlixParters says). But even small changes in buying habits can throw everything into disarray.
With a regional disruption like a hurricane, stores can redirect some inventory to the affected area. But a global pandemic doesn't leave a lot of wiggle room.

https://www.foxbusiness.com/lifestyle/wiped-out-of-toilet-paper-during-coronavirus-crisis-heres-why 

Having a stock pile at home helps.. Stay Safe....

3 comments:

Anonymous said...

A hoarder is just the guy that bought it before you could.

Mike Yukon said...

That guy is called a "Prepper".

Rob said...

Thanks mike. another word is smarter then the rest.