Supply Chain Shortages and Inventory Shortfalls
Have you recently ventured into your local box store only to find minimal inventory? Not too long ago, I moved into a new apartment and was excited to furnish it. Unfortunately, most of the items normally available for a new home were not easy to come by. After spending much of the day visiting multiple stores, I ended up compromising and not truly finding exactly what I was looking for. Not to mention, the pricing for the products I did find was certainly higher than normal. These inventory shortages are affecting all of us.
It’s clear that everyone has felt an impact from the COVID-19 pandemic—some more than others. Now that societal restrictions have been lifted, industries globally are being forced to adapt. Issues include inventory shortfalls, increased pricing, order fulfillment delays, and widespread staffing shortages.
Once COVID restrictions were lifted and companies reopened, demand for resources skyrocketed. These demands have overwhelmed suppliers and manufacturers. Cargo ships and aircrafts are also facing challenges with limited capacity. Promotional branded items such as stainless steel, aluminum, cotton, and plastic products are experiencing extended production times and increased prices.
To avoid the negative effects of ongoing supply chain issues, we urge you to ACT NOW! As the holiday season quickly approaches, we strongly encourage you to plan ahead and place your orders as soon as possible. In the end, you’ll be thankful you did. Please contact Brandit today so we can provide the best solutions for your holiday giving and appreciation gifts.
Don’t miss out on the opportunity to recognize your employees and customers! Brandit’s team is ready to help you plan ahead and ensure that you meet your deadlines.
Know exactly what you need but not sure how to start the process? Click the link to schedule a time to chat with us.
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