The pandemic changed all facets of life as we know it. In its wake, businesses, especially those in manufacturing, are trying to rebound and return to some sense of “normal.” Unfortunately, supply chain disruptions have become a significant challenge for the economy. Shutdowns of factories in China in early 2020, lockdowns in several countries worldwide, labor shortages, and strong demand for goods have resulted in considerable increases in prices, material availability, and delivery times.
Long Lead Times and Foreign Suppliers
Supply chains are the lifeblood of most businesses today. Keeping all supply chain components running as smoothly as possible ensures that companies can provide on-time delivery of products and services, especially with changing consumer demands and supply chain disruptions. With long lead times for foreign suppliers, small domestic manufacturers can be a lifeline for businesses.
Let J&J Precision Help
Creating an accurate inventory forecast is invaluable, especially in times when supply chains and consumer demand are changing rapidly. In other words, if we know what you need, we can have it on-hand and ready to go, which will eliminate many of the disruptions we are having now. With a bit of analysis and a little crystal-ball gazing, you will be able to help us help YOU with what you need.
As the pandemic continues to disrupt the supply chain with unforeseen issues, J&J Precision will be there to serve its customers and address these issues head-on. Our team is ready to help solve your product development and supply problems.