“Ms. Searfoss, the owner of two running stores in Darien and…
“Ms. Searfoss, the owner of two running stores in Darien and Ridgefield, Conn., would normally have about 3,000 pairs of shoes in stock ahead of the holiday season. But as she watched supply chain concerns in Vietnam mount this summer and into the fall, she secured a new storage facility and is now carrying around 4,100 pairs. It’s a costly gamble for Ms. Searfoss, who said she was extended about $165,000 more than she would typically be in November because of worries about potential shortages. “It’s placing a big bet and anticipating that what all the analysts are saying is correct,” Ms. Searfoss said. “Usually, we get through the New York City Marathon and then we stop buying shoes — we sell off what we have and go into January super, super lean. But we’re being told not to do that because there’s just not going to be any shoes.”…” (NYT, Nov. 30, 2021). This excerpt demonstrates the tradeoffs business are having to make between:
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