Should Farley be fired?

[Jbrubakerjr]

I suppose you could place blame on the CEO of almost every company out there . I work for a tier 1 supplier to Ford ,BMW , MB , Toyota , Samsung electric , Stellantis , GM etc and we have issues getting parts for all the lines . We can not even get power transformers from the power company to complete buildings that new equipment is going into . Lead time on a transformer is 50 months now ! Not that the equipment is going to be delivered on schedule either or that we can find skilled workers that want to work

+ 4Year lead time?!?!?!? That makes me think there is something more going on in the background than just 'supply'.

I do know for some IT Network switching equipment some vendors do have a +500 day lead time right now. Crazy what this entire pandemic has seemed to throw the entire globe into...

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[Dereku]

+ 4Year lead time?!?!?!? That makes me think there is something more going on in the background than just 'supply'.

I do know for some IT Network switching equipment some vendors do have a +500 day lead time right now. Crazy what this entire pandemic has seemed to throw the entire globe into...

I quoted an HVAC unit the other day with a 40-50 week lead time. And this is AZ. So the supply chain is F’ed

 

[Jbrubakerjr]

I quoted an HVAC unit the other day with a 40-50 week lead time. And this is AZ. So the supply chain is F’ed

I had to have an HVAC unit replaced in late 2020. It took almost 4 months, which I thought was long.

What in the world will those folks do through another summer season cycle without HVAC? Hard to imagine. Of course I say that, and remember that my grandparents had a mobile home in FL with only fans about 50 years ago. Stationary tin can with that aluminum painted roof.

 

[Dereku]

I had to have an HVAC unit replaced in late 2020. It took almost 4 months, which I thought was long.

What in the world will those folks do through another summer season cycle without HVAC? Hard to imagine. Of course I say that, and remember that my grandparents had a mobile home in FL with only fans about 50 years ago. Stationary tin can with that aluminum painted roof.

We have all gotten soft.

 

[Jbrubakerjr]

We have all gotten soft.

Or just unaware that the normal continues to change.

I am afraid we have all become a little like this, though.

 

[Floyd]

I am not too sure about the whole idea of it being one persons fault. Again dealing with the whole global shortage issue (not just chips)...dealing with a downturn in the economy...dealing with a hostile .gov that wants to overturn nearly a full century of infrastructure practically overnight...

Yeah there are many different cogs turning in this causing issues to abound for all. Some can deal with them better than others.

It has been said that "One man with courage makes a majority"

 

[THLONE]

You all need to be a little less narrowly focused. The CEO of this country (who or who 'all is that) screwed your pooch.

 

[Peragrin]

The demand curve has already shifted....Nobody's realized it yet.

no it really hasn't yet.

I work in procurement. all summer long things have been going back to covid style allocations, as companies can't hire enough workers or get enough raw materials to pump out products. There is 6 months of back orders still in the "system"

+ 4Year lead time?!?!?!? That makes me think there is something more going on in the background than just 'supply'.

I do know for some IT Network switching equipment some vendors do have a +500 day lead time right now. Crazy what this entire pandemic has seemed to throw the entire globe into...

Raw material shortages. a New england local company goes through threading taps by the dozens daily. The manufacturer of the taps takes anywhere from 6 weeks to 12 months to supply the taps. They are struggling getting steel of the correct diameter to make the taps from.

Try to bulk source copper, steel, etc of the correct size. even Rubber.

I need to order 3000 orings for one customer. I ordered in June for a december delivery. was told last week that they are 36 weeks out still. I used to be able to order 100 at a time, from 4-5 different companies in the USA, now all of them are out of stock 36 week lead time maybe, or I can pay double the price and a $200 surcharge and get them in 8 weeks, maybe.

product goes to those who pay those surcharges, not customer size.

 

[Jbrubakerjr]

no it really hasn't yet.

I work in procurement. all summer long things have been going back to covid style allocations, as companies can't hire enough workers or get enough raw materials to pump out products. There is 6 months of back orders still in the "system"

Raw material shortages. a New england local company goes through threading taps by the dozens daily. The manufacturer of the taps takes anywhere from 6 weeks to 12 months to supply the taps. They are struggling getting steel of the correct diameter to make the taps from.

Try to bulk source copper, steel, etc of the correct size. even Rubber.

I need to order 3000 orings for one customer. I ordered in June for a december delivery. was told last week that they are 36 weeks out still. I used to be able to order 100 at a time, from 4-5 different companies in the USA, now all of them are out of stock 36 week lead time maybe, or I can pay double the price and a $200 surcharge and get them in 8 weeks, maybe.

product goes to those who pay those surcharges, not customer size.

It's a good thing no one is price gouging.

 

[Peragrin]

It's a good thing no one is price gouging.

I didn't mention in either case it is double the per unit price it was last year. 2 orings is equal to minimum wage job. and can fit in the palm of your hand.

 

[dtech]

I am not too sure about the whole idea of it being one persons fault. Again dealing with the whole global shortage issue (not just chips)...dealing with a downturn in the economy...dealing with a hostile .gov that wants to overturn nearly a full century of infrastructure practically overnight...

Yeah there are many different cogs turning in this causing issues to abound for all. Some can deal with them better than others.

For me if I had to pick one person to fire it would be Jay Powell - Greenspan should have been fired but was allowed to set a precedent for future Fed chairs. Then secondly shame on all of us in the US for ever allowing $31T in debt. Economists long predicted that could have major downside should interest rates rise.

Auto companies, especially GM and Ford face huge challenges but even worse uncertainty as to where the market is going. Pent up demand for autos caused mostly by supply chain shortages could rapidly disappear giving the erosion in purchasing power caused by inflation. Fed can no longer increase the money supply but instead must raise interest rates - increasing the probability of a longer than typical recession.

It appears that energy prices - primary oil still have a major impact on the economy and once again the US is impacted by global factors we cannot control, resorting to begging allies of convenience to up production and of course they decline. There are ways and abandoned opportunities out of this but for decades energy policies have been at best inconsistent and for many people gas pump prices are still the major determination who gets their vote . Higher gas prices will accelerate acceptance and purchase of EVs (in the past smaller fuel efficient cars), but higher gas prices will also likely cause the downfall of elected officials who allow the market to freely determine gas prices.

People largely in metropolitan areas are turning to EVs and cars are more suited to current EV acceptance, both Ford and GM rely heavily on pickups and suvs, and face some large acceptance challenges for reasons folk on here have routinely identified. Farley appears to be trying to emulate Tesla or maybe more accurately chase them because as another poster pointed out Ford is behind in where Tesla is and has made major investments to maintain/extend the lead.

So I say good luck to you Mr. Farley, I think you are going to need it, your immediate predecessor probably regretted leaving the relative tranquility of the cabinet making biz.

 

[MXGOLF]

The company I work for Pape sells Hyster forklifts. They are now at a 1 year lead time to get manufactured due to chip, steel and other electronic shortages. Who wants to spend $50,000 + for a new forklift and have to wait a year to get it? Buy used? OH there are very few available. Just like automobiles. The whole world is feeling the crunch in all industries. Pretty messed up to say the least.

 

[rydfree]

+ 4Year lead time?!?!?!? That makes me think there is something more going on in the background than just 'supply'.

I do know for some IT Network switching equipment some vendors do have a +500 day lead time right now. Crazy what this entire pandemic has seemed to throw the entire globe into...

Should have been 50 week . I'll edit it to correct . Thanks for the catch . I must have had my Bronco order on my mind ,LOL .

 

[Deleted member 15875]

no it really hasn't yet.

I work in procurement. all summer long things have been going back to covid style allocations, as companies can't hire enough workers or get enough raw materials to pump out products. There is 6 months of back orders still in the "system"

Raw material shortages. a New england local company goes through threading taps by the dozens daily. The manufacturer of the taps takes anywhere from 6 weeks to 12 months to supply the taps. They are struggling getting steel of the correct diameter to make the taps from.

Try to bulk source copper, steel, etc of the correct size. even Rubber.

I need to order 3000 orings for one customer. I ordered in June for a december delivery. was told last week that they are 36 weeks out still. I used to be able to order 100 at a time, from 4-5 different companies in the USA, now all of them are out of stock 36 week lead time maybe, or I can pay double the price and a $200 surcharge and get them in 8 weeks, maybe.

product goes to those who pay those surcharges, not customer size.

I hear you, but it depends on the industry. Bicycle makers couldn't keep up with artificially inflated demand during the pandemic, but demand fell and inventories caught up. Now they are discounting them by thousands of dollars for example. If you don't think demand has shifted, you will be forecasting wrong. I get your point about raw materials shortages, but what has happened while you wait is a host of issues which is has flipped the demand curve. Take vehicles or homes....Rates doubled virtually overnight while everyone's 401K's are getting killed. Not so good for consumer confidence?

 

[Jbrubakerjr]

Should have been 50 week . I'll edit it to correct . Thanks for the catch . I must have had my Bronco order on my mind ,LOL .

I could see how that could be confusing. A Ford stealer told me my Lightning reservation should be converted to an order and filled in 3-4 years.

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