Major issue: Long manufacturing times
We’ve been preparing for spring since last fall. As you know, the pandemic has caused colossal challenges for everyone. Without a doubt, the supply chain is our industry’s greatest issue. Today, manufacturing times have jumped from 8 or 10 weeks to 20 or even 26 weeks. Post-manufacturing acceptance is currently 4 weeks. In most cases, the main causes are:
- Difficulty in raw material supplies
- Labour shortages and shipping issues
- Lack of available containers
Skyrocketing container prices
Container costs have risen from $3,200 USD to $18,000 USD. This is a huge increase and presents an enormous challenge in terms of supply AND price control.
Forward thinking as the solution
Since Servitek is a leader, so we have been able to adapt quickly – for example, by advancing our purchases by 12 weeks to reduce delays. We will be even more efficient if we can count on your collaboration. Certainly, if we know your projections in advance, we will be able to offer you more advantageous deadlines.
Our goal is still the same: to meet the needs of our valued and loyal customers despite the uncertainlties of these difficult times.