Price Volatility & Extended Lead Times – Sept 2021
Many of you will be aware of the huge volatility in the prices of raw materials and transportation issues over recent months. We have been hit by numerous and frequent price changes, almost always inflationary. Suppliers of metalwork and international freight for example are offering quotations valid for 48 hours only.
Whilst we have had no more than a couple of price increases over the last 5-6 years, this volatility prevents us from offering a universal annual price increase at this time.
We understand the need for stability in pricing, however, we can only provide a buffer to a limited extent. As such, all new orders should have a revised quotation which will be valid for 30 days. After this time expires, it will be necessary to double-check prices before placing orders.
With regard to lead and delivery times, we still have extensive stocks across our main product ranges for next day deliveries, but please be aware that due to the current situation, our couriers are unable to guarantee 24hr delivery, and factory orders can take up to two weeks longer than normal.
We apologise for the inconvenience this may cause, but the circumstances are beyond our control. Thank you for your understanding and we look forward to continuing to serve you.
Yours sincerely
Richard Vass
Managing Director