And the ability to tell Wall Street to take a hike. I was absolutely disgusted when I read this piece on the intersection of Wall Street and Private Equity with the Supply Chain and saw the following:
one large retailer had the opportunity recently to save an expected $50 million from a supply chain network redesign project, included shifting from a number of smaller distribution centers to larger ones. The project had a great ROI and the capital was available — but the company delayed the project just because of the potential for Wall Street to view the project as too risky operationally and financially.
There’s wanting a good Return On Assets and then there’s pure stupidity. What do you think this is an example of?