New Vision Packaging MD confident despite supply pressure

December 13, 2021

the industry was in a “perfect storm” and that container process are costing 10 times pandemic levels. But he said that partnerships have helped the firm to remain competitive.

“We have seen many packaging suppliers having to let down customers, offer short orders, or highly extended lead times – up to some six months in some cases,” he said. “Our team has been working hard over many years to build a robust business working with a number of partners in Europe, and a dedicated haulier who efficiently manages the Brexit border challenges. This means we are still maintaining our nine-week lead time commitment on standard materials, which is an exception in the market currently.

“Container prices are costing ten times pre-pandemic levels with no sign of relief. Online shopping has driven exceptional demand for secondary packaging and now pandemic-related pent-up consumer demand is challenging what are already stretched supply chains. The industry is therefore now in a perfect storm in terms of demand and supply capabilities and prices are rocketing.”

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Ms. Lily Yu

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admin@lyprinting.com

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