In the month of June in Manufacturing i made sales of 12 billion isk and profits of 6.3 billion isk.
Which sounds great until i realise that much of the profits have come from a build up stock that has been put on the market to sell.
Hence, the isk on hand in my wallet is 3 billion isk.
I now have 26 billion of Sell Orders spread over Jita, Dodixie and Hek, about 1 billion isk or raw materials waiting to be put into manufacture and 5 billion of raw materials in courier contract.
So, yes, 6.3 billion of profits but it more reflects a scaling up of the business. Lets see what selling in July from those 26 billion of Sell Orders.
Putting that altogether (numbers in brackets = last month):
Total Manufacturing Wealth = 30.0 billion (23.7)
made up of:
ISK in Wallet = 2.9 billion (17.9)
Raw Materials = 1.2 billion (0.4
Courier Contracts = 5.2 billion (5.3
Sell Orders = 25.9 billion (0)
Provision on Sell Orders = -5.2 billion (0)
Total Profits in June = movement in assets = 6.3 billion (2.7)
The Business Model
In an old account that is now omega'd i have a manufacturing character in Jita and Sales characters in Dodixie and Hek. My Jita Character also is a Sales character.
In another account in my normal Trading business i have a manufacturing character sitting outside of High Sec in Ardar which is near Hek.
I buy all my raw materials required.
I sell my output either in Jita or courier it to be sold in Dodixie or Hek.
My Manufacturing Strategy
I go for high value items that have little competition and therefore sell slowly but at good margins. So very similar to my Regional Trading business.
That means i don't produce the same items continuously.
My main headwind to growth is therefore speed of sale which means i am waiting for sales to happen so that i can build up my wallet to start the next high value item to go in a manufacturing slot.
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