51–60 of 66 posts
We’re CS grads from Duke and because our families run manufacturing companies, we’ve seen more assembly lines than most industrial engineers Tl;dr; We place cameras in manufacturing lines and use computer vision to show line supervisors who’s working and who’s not in real-time. Alternative TL;DR: privileged kids turn exploitation into a dashboard feature.
Duke is such a great fit for this story, lol.
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I'd be more worried about the origin of the electronics
The founders merely translated existing practices into a piece of software. While the demo was a little off, the pain point is pretty valid. As a manufacturer,I have seen factories loose contracts over 20 cents, while the same goods is retailed 4X-5X margin at $85. At the end of the day factories rarely make margins on COG (Cost of Goods), but survive on the residues of efficiency. Even though volume is the game, bru…
> where the factories simply follow the orders I seem to remember some person using this argument. I think it's called https://en.wikipedia.org/wiki/Superior_orders
There are still a few Holocaust survivors left. Go ask some of them how their experience compares to that of factory workers who can, ultimately, walk out the door anytime they want.
Earlier quoted context omitted.
> where the factories simply follow the orders I seem to remember some person using this argument. I think it's called https://en.wikipedia.org/wiki/Superior_orders
That's kind of outrageous, like the common trope of comparing workers to "slaves." Lot of privilege on display here. There are still a few Holocaust survivors left. Go ask some of them how their experience compares to that of factory workers who can, ultimately, walk out the door anytime they want.
There are a number of solutions to this problem that exist various places, militaries typically empower officers to disobey orders, professionals use licensure to uphold moral and ethical standards, whistleblower laws provide financial incentives the other way, unions can flex on immoral behavior.
I don't believe anyone is arguing the two situations are comparable outside of the fact the defense of the behavior follows the same line of reasoning, a line that was very famously rejected.
Earlier quoted context omitted.
> where the factories simply follow the orders I seem to remember some person using this argument. I think it's called https://en.wikipedia.org/wiki/Superior_orders
That's kind of outrageous, like the common trope of comparing workers to "slaves." Lot of privilege on display here. There are still a few Holocaust survivors left. Go ask some of them how their experience compares to that of factory workers who can, ultimately, walk out the door anytime they want.
https://www.ilo.org/topics-and-sectors/forced-labour-modern-...
you may want to ask some of them about their experiences before displaying your privilege
The founders merely translated existing practices into a piece of software. While the demo was a little off, the pain point is pretty valid. As a manufacturer,I have seen factories loose contracts over 20 cents, while the same goods is retailed 4X-5X margin at $85. At the end of the day factories rarely make margins on COG (Cost of Goods), but survive on the residues of efficiency. Even though volume is the game, bru…
> As a manufacturer [...] > It’s a misplaced backlash on the founders or the factories, while the main enablers are the Big retailers. Factories are at the mercy of big retailers. Everyone always think the fault lies somewhere else. Go ask big retailers and they will say they are the mercy of competition and consumers' demands. Ultimately, everyone is trying to extract the maximum profit they can, and that includes f…
Not every factories are sweatshops; even good humane factories are under tremendous pressure to run efficiently. Running a business efficiently isn’t a crime. However I do agree that the demo could have been a little more better.
The founders merely translated existing practices into a piece of software. While the demo was a little off, the pain point is pretty valid. As a manufacturer,I have seen factories loose contracts over 20 cents, while the same goods is retailed 4X-5X margin at $85. At the end of the day factories rarely make margins on COG (Cost of Goods), but survive on the residues of efficiency. Even though volume is the game, bru…
> where the factories simply follow the orders I seem to remember some person using this argument. I think it's called https://en.wikipedia.org/wiki/Superior_orders
At the end of the day, it’s all about efficiency.But running efficiently shouldn’t come at the cost of low paid workers.
Earlier quoted context omitted.
good way to put it. how do you plan to get rich form this top signal? short a specific company?
Successful shorting seems to be damn near impossible in this economy. It's just too irrationally optimistic. Maybe this is changing under Trump, but most of the famous short sellers (James Chanos, Hindenburg Research) have closed shop
Earlier quoted context omitted.
> where the factories simply follow the orders I seem to remember some person using this argument. I think it's called https://en.wikipedia.org/wiki/Superior_orders
In the context of the current topic, follow the orders means meeting deadlines and maintaining cost. Big retail weld massive power over manufacturers, consumers over big retail, the desire for faster and cheaper goods over consumers. It’s a loop where the blame shifts as per the convenience. As a manufacturer, I have also seen some factories passing on the opportunity to contract for some really big retailers, since…
you understood EXACTLY what I meant when quoting this. You can always say no. always.