Quote:
Originally Posted by fastfredracing
I know it may seem like a lot, but the industry standard is a lot more than 20%. I think it is closer to 60% that we are supposed to be making on parts/supplies .
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You must be referring to the auto repair industry.
I was referring to manufacturing, IE when a company won't ship on a PO and the order is sourced through a third party.
Of if I have a contractor or vendor buy something for my company, it is standard for him to mark it up 15%.
60% is excessive IMO.