July 8, 2021
By Timmy Bubak
GENERAL OVERVIEW
- There has been no sign of supply improvement as shipping delays continue to drive further increases in lead times across entire portfolios.
- We are facing lead times up to 52 weeks+ as continued acceleration in demand is causing huge pressure on supplier bases.
- With ongoing shortages and the demand for raw materials, we have seen instability in manufacturing prices. We expect to see further price surges throughout Q3.
- Due to the increase in lead times, it is critical that customers validate their backlog to ensure all orders remain accurate and reflect real demand.
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