Order Early to Avoid Price Increases
Thursday, April 8, 2021
The COVID-19 pandemic has created a global crisis that has affected every aspect of daily life. Not only has it taken a devastating toll on our personal lives, but it has had a dramatic impact on businesses and the economy.
Even as things are slowly beginning to improve, new challenges continue to make it difficult for businesses to plan and move forward with predictability and confidence. Unexpected events, like the severe winter storms in Texas and the stranding of a giant cargo ship in the Suez Canal, have led to major disruptions in the supply chain. As this affects the flow of raw materials and finished goods, it is leading to shortages of both – here in the U.S. and around the world.