Recent events and occurrences in our society have created a serious supply and demand issue. It’s becoming harder to find essential products at affordable prices. Shortages across many of the primary industries have caused shortages and problems with availability. So, how has this evolved, and what industries are most affected? How can companies navigate these uncertain times when it comes to acquiring essential products?
Essential equipment material like steel is increasingly difficult to acquire. There is deep concern regarding whether or not there is enough steel to keep up with production demand. Part of this issue is related to China’s step back on steel and continuous demand despite issues with workers in short supply. There is a resulting backlog in steel orders that don’t seem to have relief in the next year.
In relation to components, there is a significant shortage too. Components to make electronics have plummeted in terms of supply, but sales of electronics have grown. Making parts even harder to find. Most global distributors feel the heat when it comes to fulfilling supply demands.
One major issue with the supply shortage in many industries is related to a shortage of workers. Currently, there are still over 2 million unfilled jobs affecting the production of products in high demand globally. These factors create a significant shortage of equipment and goods across all industries.
Due to limited supply and a problem finding labor, relying on smart solutions is increasing. For example, smart controls now replace the need for manual labor. The Blodgett Combi programable combi touchscreen can control cooking modes, store recipes, and monitor and change humidity and temperatures in ovens and other foodservice equipment. Various similar products can be used in restaurants and food preparation areas to help reduce the problems related to understaffing.
Picking up products without having to speak with someone is another trend that is here to stay. Having that hands-off approach helps customers get their items without having to wait in line or worry about cross-contamination. And businesses don’t have to spend labor dollars handing out orders. A product currently available to help is the Carter-Hoffman Pickup Cabinet. Accessible only with a code, it ensures that customer demand is met, without having to hire extra hands.
Acquiring foodservice equipment for your business is more of a challenge today because of many factors. Working with the Jay Mark Group can help. We are unique in that we have a warehouse stocked with equipment. So give us a call to let us know what you’re looking for. We might have the perfect solution on hand.
Another tip - be sure to plan ahead. This will help account for any delays that could occur. That might mean ordering a little earlier than you’re used to or even taking a similar item that you had your heart set on. Being flexible is important in these times of supply shortages.