With shipping delays, low inventory, and price increases, global supply chain issues are having a major impact on the promo product industry. Here’s how to keep your holiday plans on track.
You’ve likely heard about the global supply chain issues impacting nearly every industry. But do you know what’s causing them? And do you know how to keep them from interfering with your holiday plans?
With gift giving and end-of-year recognition, the fourth quarter is always a busy time of year for the promotional product industry. But with current delays, it’s more important than ever to place your orders as early as possible. Learn more about the state of the industry and get tips for keeping your holiday plans on track.
Current Supply Chain Issues
Supply chain issues have triggered historic shipping delays, inventory shortfalls, rising prices, longer production times and related challenges within the promo industry and many other industries. These issues are a result of many factors:
• Raw material shortages, including wood pulp to make cardboard and cotton to make apparel
• Labor shortages at every step of the supply chain, from production to shipping docks
• Shipping delays and bottlenecks due to a high demand for imports and understaffed ports
• Increased prices due to growing costs of shipping, shipping containers, raw materials, and labor
While these issues began in 2020, they have hit records highs in 2021. That’s why this year, it’s more important than ever to order early for your end-of-year gift and promotion needs.
Tips to Plan Ahead
While these issues are alarming, there’s still hope! Here are some steps you can take to ensure your holiday gifts and promotions are on track for success.
1. Consider your end-of-year gift & promo needs now.
Does your business plan to send holiday gifts to top clients? What about end-of-year employee appreciation gifts, or end-of-year awards and recognition? Assess your specific needs for the final months of the year.
2. Start brainstorming right away.
Begin brainstorming ASAP. Browse our website to explore product options from apparel to food gifts, and everything in between. We’re also happy to provide one-on-one support during your brainstorming process. Reach out to discuss ideas, learn about the latest trends, and gain insight from our expertise.
3. Place your orders ASAP.
Don’t wait – get your orders in as soon as you can! If you don’t want to store your items for too long, you can order now and schedule delivery for a more convenient time.
Get Started
The holidays are just around the corner! While stock is an issue right now, a proactive approach will ensure you can still recognize your clients and employees this holiday season. Ward Promotional is here for you, and we’re ready to get started on your project – and can help you save money by not waiting till the last few months.
With the holidays quickly approaching, it’s important to contact us as soon as possible. Call today at (209) 549-2765 or email Laura@wardpromotional.com to get started!