Have you had your Q3 plan meeting and made any decisions about what your company needs to do to meet and exceed your goals despite the supply chain challenges around the world?
As COVID-19 continues to cause delays and challenges for the supply chain, we find that there is a lot that you can do to stock up in May to avoid any shortages and delays of the supply chains. If you are feeling encouraged to think differently about your Spring ’22 plans to supply your organization’s products for the rest of the year, we highly suggest you consider a few solutions that we are putting together.
Pull stock ahead of time
We are anticipating more products being out of stock in the months to come, and encourage you to take advantage of this opportunity to stock-up with the inventory at your grasp, now, it wouldn’t hurt. As we predict, the standard line-up of ESTCO products is being impacted, and we ask that you are working with us to help you stock up before the impacts get even more consequential.
A lot of our customers place blanket orders to help forecast supply chain needs.
Alternative Country Sourcing & Domestic Production
Over the last 5 decades we have built a wide range of partnerships. Due to those partnerships, we are proud to offer products manufactured offshore as well as domestically. Offshore manufacturing has provided a cost-effective quality solution for some customers. Unfortunately, with the current state of the world these products may not be as time effective and as cost effective as they once were. Restrictions in China and shipping delays from Vietnam and Taiwan facilities have put a crimp in that link of the supply chain. Fortunately, we still proudly offer our standard rubber parts manufactured at our US facility. No matter which parts you need, ESTCO has a solution.
Utilize Warehousing Solutions
Avoid line shut-downs and plan early- we have the ability to warehouse products if need be. There is no additional costs associated with these services for now, as long as you take on the full balance of your order within 12 months.
Don’t delay while prices are set today.
While other things may increase, such as shipping costs in addition to manufacturing and production costs, it’s a good time to take action now if you have the resources to do so. Lean on your partners at ESTCO Enterprises to help you setup a plan. If you are willing to take bulk orders and secure the price, we highly suggest you do so!
Not only are these suggested supply chain solutions, but also price increase solutions for whatever is to come this quarter.
As always, give us a call if you’d like to explore more options and talk with our team about ways we can provide solutions for you!