Lead Time for Raw Materials Extending
In the past few weeks, we have experienced a significant increase in extended lead times for raw materials. We are seeing this trend across a wide variety of materials and across most of our supply base.
What does this mean for you?
Lead times for most products have changed. Orders that were previously processed and delivered in just a few days are now taking much longer. We are seeing extended lead times across all materials and all manufacturers, and this can, unfortunately, mean longer lead times and/or delays to our customers.
What can you do to help?
There are a few things you can do to ensure you get what you need, when you need it.
- Send orders to us in advance. Currently, it is very important you submit order requests to us as early as possible. The sooner we have your orders the sooner we can begin working to meet your needs.
- We also encourage you to think beyond your normal purchasing orders. If you know ahead of time that you are going to need certain materials in the next few months, we can process blanket purchase orders, so you don’t find yourself in a bind. As a stocking source for many raw material suppliers, we currently have a large inventory ready for your orders and can fulfill many of them quickly. However, there are many materials we do not stock, and we need to know what your future needs are so that we can be prepared well in advance, ultimately leading to less wait time for you.
- Update your system with new lead times for your items. We work with many customers with automated ordering systems. It is important that those systems be updated with extended lead time information, so delays are avoided.
What is LGS doing to help?
LGS has reviewed our raw inventory levels, increased stocking orders to suppliers, and is working to reduce raw material impacts. We are reaching out to customers and requesting purchase orders to be placed in advance and working with customers who can place blanket orders to do so. Although we are seeing lead time delays, we are still committed to meeting the needs of our customers and helping you avoid costly line-down situations.
Don’t wait – act today!
Please place your future requirements on order with us now. To get started, contact your customer service or sales representative today!
LGS Technologies
Providing custom cuts and precision sheet metal projects since 1953.
LGS offers a wide variety of custom fabricated services including custom die-cutting (steel rule and rotary), waterjet cutting, laser cutting, CNC routing, laminating, sawing, skiving, slitting, kitting, machining and sub- assemblies.
