Day: February 8, 2012

08:22 – I’ve issued purchase orders for the bulk of the components for the first batch of biology kits and another batch of chemistry kits. I still need to issue a bunch of small POs to vendors that supply only one or two of the kit items each.

Once again, the effects of inflation were very noticeable. Since my last batch of orders in November, prices have increased by an average of maybe 6%. Many prices were unchanged and there were even a few reductions, but some prices increased by 15% or more, and the price on one item literally doubled. The main reason for the increases is that vendors issued their 2012 price lists in January, which they’ll generally honor through June or December, depending on the vendor.

---