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Dear Colleague,
Supply chain disruptions continue to impact the world. Our commitment to serving your organization remains our highest priority. Our team continues to actively monitor backorders and engage with our suppliers on resolutions. Below are the recent trends we would like to share with you:
Supply Chain Trends
- Batteries, patient monitoring, beds and tables continue to be the top modalities affected by the supply chain disruptions. In fact, one supplier noted that patient monitoring accounted for over 70% of their backlogged items.
- Raw material shortages, like what the industry is experiencing with medical grade stainless steel, are impacting the availability of certain products. Stainless steel is used in the manufacturing of footboard assembly kits and in the tubes and rods that make up head and foot cylinders. As access to this material becomes limited, we have seen an increase in the backorders on these products.
- Wait times are also impacting the availability of materials and goods. It is taking about 100 days for U.S. manufacturers to receive materials, which is the longest amount in 35 years.*
- Low inventory and the delayed restocking of goods was a main driver in the U.S. economy shrinking by 1.4% in the first quarter of 2022. COVID shutdowns in China are causing fewer products to be made and resulting in longer shipping times. These disruptions are expected to worsen in the coming months.*
Source: ZeroFox Weekly Supply Chain Report
More Visibility To Your Order Status
Along with keeping you informed of the latest trends, we also continue to provide you with more visibility to your orders. We have made the following enhancement to the PartsSource.com platform to make receiving updates as seamless for you as possible. Every time a PartsSource representative follows up with a supplier partner regarding your order, an email will be sent to you with details and any next steps being taken. We hope this helps provide you with peace of mind and reassurance that PartsSource is committed to improving the reliability of your supply chain and resolving challenges promptly. To make sure you are receiving these communications, please update your Notifications settings
We value your continued partnership as we navigate this challenging time together. We are committed to keeping you informed as new information is received. Please reach out to me if you have feedback or questions.
Warm regards,
Erin Tournoux
Sr. Vice President, Operations
Sr. Vice President, Operations
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