02/09/2022
How did it get so bad? Supply chain issues that began with the COVID19 global pandemic continue to worsen in 2022. The label industry is experiencing unprecedented supply issues; 1) multiple and continuing price increases, 2) lengthening lead times on even "standard" materials and 3) shortages in paper based constructions that have now created "allocations" of supply.
The entire label industry is in this same "boat", so what can you do to ensure your label supply? Here are some tips that will help us, help you!
1) Consider stocking programs that will put at least three months worth of product on the shelf.
2) Consider alternative label constructions. In the past film faced labels were a more expensive option. With significant price pressure on the paper side the gap has closed somewhat, but more significantly, film materials seem to be more available.
3) Work with a partner that truly understands the industry and more importantly, your business. Now is not the time to shop around for the lowest price, now is the time to shop around for the most reliable supplier and time to move from transactional purchases to business partnerships.
Grace Label is that kind of partner. We are large enough to be able to offer the widest array of labels and packaging products, we are small enough to be able to move quickly to get you what you need and experienced enough to help you manage through this time of supply chain insecurity. We deliver our full value when we are operating in a business partnership relationship.
Reach out and let us know how we can partner with you to not only survive but thrive during this challenging time!
"The pessimist sees difficulty in every opportunity. The optimist sees opportunity in every difficulty." – Winston Churchill
