Mike
Well-Known Member
Online furniture designer Made.com has warned it is being hit by soaring trucking and shipping costs and has begun to pass on some of the burden to customers by raising prices. CEO Philippe Chainieux told the Standard freight cost has multiplied six or seven times since the beginning of 2021. To help offset the situation, the company has stopped offering as many discounts and is "beginning to pass an element of higher costs to customers".
Global supply chain issues have seen shortages in numerous goods and left supermarket bosses warning of a potential hit to Christmas sales. Finance chief Adrian Evans said the disruption is affecting Made.com's ability to get products onto boats and into warehouses, but insisted that the firm is confident it will be able to meet Christmas orders.
finance.yahoo.com
Posting this just in case you though supply shortages and soaring trucking rates was just a United States thing.
Global supply chain issues have seen shortages in numerous goods and left supermarket bosses warning of a potential hit to Christmas sales. Finance chief Adrian Evans said the disruption is affecting Made.com's ability to get products onto boats and into warehouses, but insisted that the firm is confident it will be able to meet Christmas orders.
Made.com raises prices after being hit by soaring shipping and trucking costs
The company has been a lockdown winner, with revenues up 61% to £171 million in the six months to 30 June
Posting this just in case you though supply shortages and soaring trucking rates was just a United States thing.
