State of the Industry: Supply Chain Update

January 18, 2022 / Company News

As we continue to face challenges due to supply chain disruptions, we remain optimistic that we’ll begin to experience some improvement soon. However, we want to remain completely transparent and offer an update on the current state of the industry as well as our continued efforts to mitigate these issues.

Latest Update

While we’re looking forward to some relief in the coming year, our in-house experts and partners are advising that the supply chain will struggle through at least the first half of 2022 due to labor shortages, increased demand, increased costs and delays of materials and products, and high shipping costs.

Our Efforts

We remain proactive in our approach to timing and quantities. We’ve effectively managed our inventory by ordering certain products and materials in advance and continue prioritizing high-volume items to reduce shortages of everyday products. We assist our suppliers with transportation and receiving to help alleviate delays. In addition to our preparedness, we remain flexible in developing necessary solutions without affecting the quality of service and product offerings we’re known for.

How You Can Help

Please continue doing the following:

Order Early
Allowing more time to produce and ship your order gives us the best chance to meet deadlines for events and other essential initiatives.

Be Flexible
Identifying alternative product offerings allows us the flexibility to meet your needs as inventory is moving at record speed.

Act Quickly
Swift decision-making with quotes and proofs gives us the best chance to secure the items you want when you need them.

Order In Bulk
Ordering larger quantities of items you know you will always use, like stationery and promotional products, minimizes possible delays associated with reorders.

 

If you have any questions about specific products or supply chain updates, please email us at info@strategicfactory.com or call us at 443.548.3500.

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