We get orders maybe a week in advance of shipment. Sometimes we are waiting for raw material to make the things we sold (we are in the snack food business). Commodity markets change. It would be nice to be able to refresh the pricing on an order just prior to shipment. Our pricing works off of markup on average cost. I believe that this would generate some extra profit dollars through the course of a year.

by: George A. | over a year ago | Operations Management