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by PeterisP 1034 days ago
Straws require ridiculously small amounts of raw materials though, if you choose a material that increases the steel price by $1000/ton, then that adds a single extra cent to the costs of a 10g metal straw which then retails for a dollar a piece.
1 comments

So you're saying you can cut it out and increase profit by a percentage point? That's pretty huge.

I recall finance going ballistic on my division at one point because our profit margin dropped by a tenth of a percentage point (and yet was still well above fifty)

99.999% of corporations are way too wasteful to be complaining about a tenth of a percent on 50%+ margin.

Think of the savings of slashing that finance department staff :)

With 8 billion in revenue it hit differently I guess, yeah.