UK industrial production

[BlasterBates]

Latest industrial production figures are out. Can anyone else see a pattern developing ?

[original PM]

'On a monthly basis, manufacturing output went up 0.8 percent, after a 0.7 percent drop in December. Manufacturing Production in the United Kingdom averaged 0.61 percent from 1969 until 2019, reaching an all time high of 19.60 percent in February of 1973 and a record low of -16.90 percent in December of 1980.'

[Old Greg]

And that is with stockpiling.

[Paddy]

Latest industrial production figures are out. Can anyone else see a pattern developing ?

If you believe in Brexit, you can see the graph as a positive development.

You must believe in Brexit to make it work.

[Yorkie62]

And that is with stockpiling.

That is exactly why the figures are as they are

We are stockpiling instead of producing

Once we've finished stockpiling everything will return to normal

[Old Greg]

That is exactly why the figures are as they are

We are stockpiling instead of producing

Once we've finished stockpiling everything will return to normal

Is that before or after the new secret weapons bring final victory into sight?

[meridian]

That is exactly why the figures are as they are

We are stockpiling instead of producing

Once we've finished stockpiling everything will return to normal

Eh? That makes no sense.

If we’re stockpiling raw materials for manufacturing then we’re still producing according to demand. Production doesn’t decrease.

If we’re stockpiling our own finished goods (as my own Clientco is doing) then production goes up to meet consumer demand plus internal stockpile demand.

[Yorkie62]

Is that before or after the new secret weapons bring final victory into sight?

Well its not so secret now you have gone and blabbed about it on this public forum is it

[Yorkie62]

Eh? That makes no sense.

If we’re stockpiling raw materials for manufacturing then we’re still producing according to demand. Production doesn’t decrease.

If we’re stockpiling our own finished goods (as my own Clientco is doing) then production goes up to meet consumer demand plus internal stockpile demand.

If you have finite resources (e.g. employees) and you now want to stockpile, you must divert some of those resources from their previous production orientated tasks to the new task of stockpiling. Hence production falls so that you can now fulfil adequately resource the new task of stockpiling. Once you have finished stockpiling the diverted resources can return to their original tasks of production. hence production returns to normal levels after stockpiling is finished.

[meridian]

If you have finite resources (e.g. employees) and you now want to stockpile, you must divert some of those resources from their previous production orientated tasks to the new task of stockpiling. Hence production falls so that you can now fulfil adequately resource the new task of stockpiling. Once you have finished stockpiling the diverted resources can return to their original tasks of production. hence production returns to normal levels after stockpiling is finished.

Ah. No, that’s not how it works in most major warehouses and factories. Production staff are production staff, logistics staff are logistics staff. Skills are different, systems access is different.

Eg we’ve bought a new warehouse for stockpiling. Our project is extended to cover warehouse configuration and interfaces. Production increases slightly to cover the extra FGs required. Extra contract logistics staff are recruited to move the additional stock into the new warehouse.

Once we finish stockpiling, the extra logistics staff are retained to cover goods movements in and out of the new warehouse, until the warehouse is no longer required.