WHY ANYTHING GOOD CAN'T BE FAST & CHEAP?
I'm sure many of us receive orders for #supply, #produce, #export, #trade, #sell, or #buy URGENTLY! But, it's not that easy if you are responsible for the consequences in case of bad results. And here is the main and obvious things witch all of us know, but ignore that inside warning and then CHOOSE TO LOSE TIME THAN MONEY.
- One client said to me this week: "I'd rather lose time than money" (he was searching for a spot supply at unexisting price, terms, and conditions), so I decided to think more on his words. What did he mean? He doesn't have money to lose, but has the time, or he has money but chooses to lose time as something less significant for him? So many questions and so little luck to find a fair answer. Then let's think about it together in this article and maybe we can find an understandable solution for this kind of question using the method of comparison:
- Any service/product/event needs a certain period of time to happen, it's mandatory, the same as if you put 9 1st-month pregnant women in one room for one month, none of them will give birth in that room because all of them need 8 more months to pass to give birth. If we apply this to grain supply, production, or investment results, then we come to the same conclusion.
- Everything in this world is managed by time, time means risk, and risk gives convenience. In this way, we can build a 3 cup balance where initially it's an optimal system perfectly established. But if you push on Time you will inevitably get more Risk and lose Convenience. It's like driving a car - the faster you move - the faster you arrive, but if you got too fast then you most probably won't arrive at the place you were going to.
- If we look from this perspective, then our client was absolutely right, in his case Time is not connected with Risk but Money is, so wisely choose to drive slow, not get risk. But as we see in our equation - Risk gives Convenience. Time passed and nothing happened, including Risk. So he lost a few years and considered not to have lost money for those years. And "here She comes again..." my dilemma. I mean in his case maybe he has earned already the money to spend his whole life, so he won't bother, but any of the less experienced companies - who have wasted months on his LC, contract and all the other procedures - have wasted that time for free, and nothing happened, but the loss of money, time, patience, relations, and so on...
- This way I look about and see only losses in his strategy. In school, my History teacher used to tell us - "Poor people should never buy cheap shoes, because their quality will be bad, and they will need to get a new pair each season. They will waste time, money, efforts, again and again. Instead, he should purchase one pair of good quality shoes and use that pair for 10 to 20 years, they will still be great shoes.
- I think if we apply this simple free example to our business or school, other daily activities we will come to the same convenience - I learned basic English from 2nd class at school, and I never had to spend my time on it after graduation, thanks to my teachers. My parents chose to spend money then, rather than lose my time and money on this matter afterward, while it was possible to get things done at the right time. The other examples will be again and again on the same point, where the Time well-operated today will bring more fruit tomorrow, than the money you hold on to today (for me) and this is the priority understanding which I use in our best offer for the buyers - The Futures or Long Term Offers.
- The Convenience it's obvious, and the price can be up to 50% off the market price at the loading date. But it requires more time for dedicated production, which means more risk for the buyers who are unsure about next day, next deal, next season, or for the elderly, who can't afford another year to get to see the plant growing and giving harvest in the field (it's not my thoughts - it's real words of my clients). And I think here it's necessary to feel the harmony with time and chose correctly what is the best option for you, in all life aspects.
- 50% of our Agents and Clients choose to change the contract system after the pandemic lockdown from spot urgent loading at market price to 1-3- years contracts and discount price, but the price is not the value which they are hunting for. They target the value of Time and we have common targets in that. Our best and long term offer at almost net cost price will give us all convenience by stability in the process and a clear plan for the contract time. As per today, 80% of export and production operations are spot, seasonally, for short term execution, and as I have mentioned at the beginning of the article, fast driving is not the proper way to do things.
I invite you to comment and share this article so maybe we can have discussions about the free spaces left by me in this article intentionally
CEO - OLC Food Experts
4 年Times are changing and the need yo adapt to those changes as well. Several conditions will make you make those changes or else you will stay behind. In the past, the number of suppliers vs buyers was much lower and the communication was slower. the search for the desired item was also a lot more difficult. Time was even enforced by natural circumstances. Nowadays with the new technologies, platforms, the number of offers and seekers increased that time and money really needs to walk along. Time is money, was then and now more than ever. Long terms contracts are time and money-saving and will enable you to get more time to search for more money.