July 2021 – Order today to avoid price increases and delivery delays
Published on: 20/07/2021
Shop and order today to get the best pricing and fastest lead time for your requirements
Power Electronics Market Update
The raw material used in the manufacture of many industrial automation, processing and HVAC products are experiencing a considerable surge in prices due to increased demand from the automotive industry, which has led to shortages in copper, engineered plastics and silicon-based products.
Coupled with increased demand and limited availability, some lead times are now exceeding 26+ weeks, with manufacturers likely to increase their product prices imminently.
Given the current global situation, at GD Rectifiers we have increased our stock levels and are confident that we can continue to supply our customers. We remain committed to offering the very best products and prices tour customers and although we are seeing escalating costs throughout the industry, we are determined to maintain our pricing where possible.
However, due to increased demand we are strongly advising customers to place orders as early as possible to avoid potential price increases and delivery delays.
Order now to get ahead
We expect this busy period could inevitably create delays on orders placed in Q3-Q4 2021, particularly July to September. We will of course do everything we can to minimise delays, although some of the delays will be out of our control. We are encouraging customers to minimise the foreseen disruptions to their supply chain by doing the following:
– Call or email our sales team – schedule a call or video call so we can discuss your requirements and forward plan your deliveries
– Share a forecast or estimated annual usage – share your upcoming requirements so we can discuss putting a call-off or scheduled order in place to minimise disruption
– Place your order as soon as possible – the earlier we receive your orders the sooner we can process them. Try to order as early as possible so we can secure stock and pricing, ensuring your order
We hold inventory in the UK and stock an extensive range of power electronic components, including semiconductor components, circuit protection devices, passive components and magnetic transducers and wound products. We have long standing relationships with the brands we stock and speak to the factories daily. We are working closely with our entire network of suppliers to ensure we continue servicing our customers during this busy period.
We have plenty of stock on our shelves, our production teams are ready to start work, our courier partners are ready to deliver and we’ve put extra processes in place to minimise delays. As always, our highly experienced sales and technical team are ready to discuss your requirements and answer any questions you might have.
Our friendly and experienced sales team are on hand to support your requirements and manage your account. Contact us today on: 01444 243 452 / firstname.lastname@example.org.