Supply chain issues continue to trouble businesses around the world and the Denver area has been no exception. The lingering impacts of COVID-19, geopolitics, employee shortages and the like continue to impact the economy, exacerbating the risks of working with a single provider for anything. If there is one lasting lesson of the last several years, it is that diversification can ensure your business continues even if one of your suppliers has problems.
COVID-19 has been a classic example of the risks of single sourcing: Business analytics firm Dun and Bradstreet reported that nearly 51,000 companies globally have one or more direct suppliers in the Wuhan region of China - and at least five million companies globally have two-tier suppliers in the region. COVID-19 shut in all of these suppliers during lockdowns - and continue to impact various regions around the world at a somewhat random, dizzying pace.
Today's ever-changing business environment requires savvy business buyers source supplies from multiple distributors, manufacturers and vendor partners - "insurance" of a sort that ensure your business continues operating smoothly. By engaging multiple sources for materials, you and your vendor partners can ensure quality and timeliness for your supply needs.
When choosing a wide-format tactile marketing company to design, produce and ship your project, we advise engaging an in-region supplier to navigate potential supply chain roadblocks:
- Maintains and even improve your customer experience in times of supply chain disruption, given local connection
- Minimizes shipping costs and time, saving customers money and ensuring on-time delivery
- Offers supply diversity, creating options if a large-scale printer cannot produce in the large quantity you require
Ultimax is G7-certified, guaranteeing consistency. Further, as a Denver-based organization, we can produce, kit and ship to local and regional locations easily - and with multiple shipping options to avoid bottlenecks and ensure timely delivery. We are a partner to our customers and provide top quality, on-time service.
D&B Article: https://www.dnb.com/content/dam/english/economic-and-industry-insight/DNB_Business_Impact_of_the_Coronavirus_US.pdf
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