Kamikaze
Well-Known Member
So theres the answer, its mostly because WDW doesn't do enough 'LE' or 'new' merch. Been a problem for a long time since they homogenized the merch and basically had every large store sell the same things.
-
Welcome to the WDWMAGIC.COM Forums!
Please take a look around, and feel free to sign up and join the community.
WindTraders is all out of Banshees in The Rookery (NO JOKE)
- Thread starter IanDLBZF
- Start date
So theres the answer, its mostly because WDW doesn't do enough 'LE' or 'new' merch. Been a problem for a long time since they homogenized the merch and basically had every large store sell the same things.
ford91exploder
Resident Curmudgeon
Bzzt Wrong on the purpose of a publuc corporation which goes all the way back to Lloyds coffeehouse in the 1600's
There is NOTHING in US/UK/JP (based on US law) that states that MAXIMIZATION of short term shareholder value is a corporate duty.
That particular reading of corporate law came from CONVICTED AND JAILED FRAUDSTER Michael Miliken the 'Junk Bond King' who used non-investment grade bonds to create the Wall St Casino.
It used to be corporate law was managed as a three legged stool Shareholders/Employees/Customers and Stakeholders and the world was a hell of a lot more prosperous back then.
CaptainAmerica
Well-Known Member
Don't talk about things you don't understand. First of all, I said nothing about "short term," did I? Shareholder wealth maximization is based on the net present value of all future cash flows. Second of all, the purpose of a corporation is not spelled out in any type of law, it's spelled out in corporate charters and the fundamental relationship between principals and their agents. Spend five seconds reading about agency theory. It's THE founding principal of western capitalism.
ford91exploder
Resident Curmudgeon
I suggest you go and study the history and precedent(s) of corporate law. Not the bull excrement the business schools have been pushing since the Reagan days including the vastly distorted version of Agency theory
To go by history Parliament did not want to authorize 'Joint Stock' companies because they were afraid of what is happening today the concentration of wealth in the hands of unelected and unaccountable corporate actors. The original laws which allow corporations to exist required an exchange in that corporations would be required to create employment and be subject to regulation by the Crown.
These protections have been stripped away and we have the Casino mentality seen today and we have 'too big to fail' corporations which rival nation states in power.
What needs to happen is the regulatory system needs to be reset to pre Magnuson act days and instead of a complex system of government micromanagement designed to create barriers to entry. A simple regulatory structure with swift and comprehensive enforcement of simple rules and this should include jail.
ford91exploder
Resident Curmudgeon
Perhaps Disney should worry less about possible unsold inventory and more about customer satisfaction and order a sufficient inventory. All that money spent on big data.
Yet not using it because they should certainly know the percentage of FP holders who bought a banshee and simply order that percentage based on FP numbers....
peter11435
Well-Known Member
Well they wouldn't have that data when they made the initial order now would they?
Perhaps they did that but a production run is longer than four weeks.
Perhaps you should stop interpreting everything in the worst way possible. You are the anti-pixie duster.
ford91exploder
Resident Curmudgeon
For the Initial 'day one' order no Disney would not. But after 5 days they would have a baseline. But apparently Disney did not use the data at hand.
Uber and Amazon use big data to dynamically set pricing in near real time.
But once again Disney shows their inability to utilize IT resources effectively.
peter11435
Well-Known Member
After 5 days they did have a baseline but they can't just magically make banshees appear at that point.
ford91exploder
Resident Curmudgeon
This is the same company which runs out of snacks by 7pm at Gasparilla's at the GF because management is afraid to order 'too much'
This is the same problem writ larger. Disney is so busy grubbing for pennies they miss the dollars flying over their head
ford91exploder
Resident Curmudgeon
Ever order molded plastic products? I have. It simply costs more when you need an 'emergency run' along with the air freight and expedited customs clearance (i'm assuming China as origin). Its not a difficult process
peter11435
Well-Known Member
I forgot you're an expert on everything
ford91exploder
Resident Curmudgeon
Not an 'expert' just an engineer who is called upon to repair broken systems and processes. And in this case if line was out of parts why did NO ONE ORDER MORE. Because no one had the authority and they were afraid to ask those who had authority because in different manangement chain.
All I did was research what had to be done to fix the borked process there are advantages to being an 'outsider' in cases like this.
Except you don't know the facts of this situation.
yeah he does just ask him.....
