May 27, 2021
In recent months we've heard several pervading questions from our clients...
1. Who is to blame for production delays?
A recent surge in order volume is creating fresh challenges for suppliers after a year of intense disruption. Across the U.S., employers are currently challenged to find qualified workers who are able, and willing, to fill open positions. The lack of candidates, plus unexpected closures when COVID outbreaks occur, combine to create unpredictable production schedules.
We can help by recommending reliable alternatives to meet your deadline.
2. What is the reason for recent price increases?
There are four major factors affecting the current price of promotional products. The cost of shipping goods across the ocean has increased by 293% year-over-year. In the apparel sector, the cost of cotton has increased 31% and polyester has increased 29%. The U.S. dollar has weakened against many global currencies, and there is no way of knowing when previous tariff exemptions might be renewed.
We can help by utilizing our suppliers offering USA-made products, as well as those with deep inventory purchased before costs were affected.
3. Why is inventory disappearing?
There are unprecedented delays within shipping ports, which are affecting manufacturing on a large scale. The problem goes deeper than just a shortage of ready-made products: world-wide makers of everything from buckles and bottles to semi-conductor chips and cardboard boxes have containers waiting to be unloaded into clogged California ports. In many cases, the supplier has the product but they might be waiting on the parts to finish or package it. These factors compound problems for suppliers already bogged down with pandemic-related challenges.
We can help by accessing real-time inventory data and advising you on products we know are in-stock today.
4. When will everything return to normal?
While "normal" is a debatable term these days, experts anticipate the supply chain will begin to see some relief in June of 2021; however, the trickle-down is likely to last for some time. You can feel secure, knowing our associations and elite supplier partnerships provide us with up-to-date reports on the industry.
We're your full-time branding partner and ready to steer your project to completion!