Customer Update: Speciality Stock Price Increases
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As you are no doubt aware, the pandemic has continued to have a significant impact on global supply chains resulting in delays on standard lead times on all imported products as well as significant increases in ocean freight pricing.
Increases in ocean freight pricing have significantly impacted our paper suppliers.
One in particular has now passed on five {5} price increases since the beginning of the pandemic resulting in an overall average increase on their stocks of 36%.
Over the last few months, we have been working extensively with a range of paper merchants to assess options on our most commonly used stock ranges – Matt, Gloss & Uncoated – in an attempt to avoid having to pass on price increases on 95% of the work we undertake.
We are delighted to be able to advise that we have successfully secured outstanding pricing with a new supplier that will ensure we can maintain our pricing across these most commonly used stock ranges.
However, the specialty stock ranges – for example, recycled stocks, linen and textured stocks, off-white and tinted stocks – we are left with no option but to pass on the ever mounting increases.
We have held off for as long as possible, however, some of these ranges have now increased over 45% in the last 18 months.
This level of increase is obviously something that we are unable to continue to absorb.
We ask that you understand that there will be price increases on jobs that are produced on these types of stocks.
If you are concerned about how this may affect the work that we undertake for your business, please don’t hesitate to directly contact Paul on: paul.stenhouse@rogueprintandmail.com.au We thank you for your understanding, and look forward to being able to continue to offer the same amazing pricing and service that we always have, on our regular stock ranges.