In order to get to the bottom of the problems with delivering the Cannondale I mailed Dorel Industries in Canada, the owners of Cannondale a couple of days ago and asked them whether they had supply chain problems with carbon fibre. I think it's an interesting question as more and more products are using this light weight super strong material to manufacture everything from baby strollers to aircraft fuselages. My original interest in the material is due to some research I worked on while working in Singapore covering some Japanese companies who were involved in the Boeing 787-Dreamliner supply chain.
|The not so dreamliner . . .|
So, what does mean for Dorel Industries and their Cannondale division. I suspect, but have no evidence yet that Cannondale is not fully in control of its supply chain, especially at the top end where I just find it hard to believe that the ballistic quality high end carbon is produced in house.
So what happens when champion gold consumers stop buying gold? The FT reports that The World Gold Council said on Thursday that demand fell to 990 tonnes during 2Q12, that's the lowest since 1Q10 and down 7% from 2011. India and China are 50% of the gold consumption market. It says to me that wealth creation in those economies is slowing. No surprise there, but interesting as a back-up fact.