Over the past few weeks, we have received notification of price increases from several manufacturers across the industry, citing reasons ranging from higher raw material and labor costs to increases in the cost of utilities and environmental compliance. We have also received notification of price increases from our own raw material suppliers affecting the products we manufacture in-house. In today’s price driven market, the impact these increases can have on your bottom line cannot be overstated.
Our Commitment to our Customers
Whitmor/Wirenetics remains sensitive to our customers’ needs with regard to competitive pricing. Our dedicated commodity specialists closely monitor relevant markets to skillfully manage inventory & raw material procurement. Due to the effectiveness of our proactive cost mitigation strategies, we are able to absorb these rising costs and will not be implementing a price increase for our contract customers at this time.
In addition, we continue to provide the most value for your dollar with best-in-class service for all of our customers across the globe. Since 1959 we have honored our commitment to maintain strong, healthy partnerships with our customers – a tradition that continues to be at the heart of our core values today.
Contact us for more information on our robust risk management options, such as our custom-tailored Vendor Managed Inventory programs or fixed-price Long Term Agreements.