- Jul 2018
- Trump World! Where the circus is always in town.
I didn't say that my COG was 10%. I'm saying that the initial unit purchase price spent on the sum of units totals only adds up to 10% of total expenditures. The way that the 10% number would change would be based on volume because some expenditures are almost entirely fixed, such as mortgage/rent, property tax on buildings/fixtures, electricity, phone, listings, licensing fees, etc.
As for your second part, I also deal with EU. Unfortunately, much of what is needed to get things made or assembled in the EU also relies on Chinese sourcing. One example is that every UL listed power cord and plug on items coming from the EU originates from China, so the lead time is doubled. There is also an on and off trade war between EU and China that people don't talk about much.
All the EU companies I presently rep and have in the past source in Asia.