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Joined 2 years ago
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Cake day: June 20th, 2023

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  • Except you also have to have your card/phone and know your pin. It’s actually one of the hardest places to steal from.

    I have an uncle who used to do security for a major department store. This was over 40 years ago. They had an issue where entire racks of clothes were going missing. One time it was even two complete pallets, not even unpacked yet, they were received and then just missing. After the investigation they discovered a guy had clothes that looked similar to their uniform walked in confidently, released the locks on the wheels of the rack, rolled it into the back, another guy pulled up in a van, they put the whole rack in the back and drive off. He kinda looked like he belonged so no one questioned him.

    The pallets, again same guy just walked into back room found a forklift, picked them up, loaded them into a rental truck and drove off.

    Stealing is easy, it’s not getting greedy and being able to not get caught is the issue.





  • Some of it was probably due to being in a low volume high profit market. We had close to a 10x cost to profit ratio, and the profit per unit was 10s of thousands. Although alot of that went into R&D and quality etc.

    There are tons of ways to cut cost often. Another example is one time I bought a device to detect air/gas leaks. It was 1000 dollars. I walked through our production measured the leaks, fixed them(most were push on connectors so pull off, cut tip, reinsert, typically leak was done), took about an hour. Per the sensors software saved about 175k. Also prevented my company from having to buy a new compressor for about 750k as our current one was close to the limit of what it could support.







  • I used to be on the gross margin improvement team. Basically our job was to implement projects which reduced cost.

    I don’t think a single person’s job was eliminated because of my work. I remember creating about 35 jobs. For example I had a project where I identified about $900k in potential savings per year. We had to spend $50k one time and hire an employee for about $60k per year but still saved about $900k.

    Employees are cheap(even expensive ones). Simple things like hire an employee to check something at step 3 so you are not paying people to do steps 4-20 will easily pay for itself if that issue at step 3 happens enough. Like for example that’s the whole point of unit testing software. Pay someone to write tests all day everyday even at an high salary, say $150k reduces costs of tech support, reduces cost of later testing, improves value of product, increases sales etc. If you want to be negative this is value stolen from the worker. But if an employee doesn’t make you a profit, why are they a employee? Like if you pay $70k for an employee who causes $50k in revenue… Fire them and make yourself a 20k raise. Now if you pay someone $70k and they make you $700k that’s immoral…