SUPPLY CHAIN UPDATES

At the onset of the COVID- pandemic, many manufactures began implementing production cut backs due to forecasts of an economic decline. However, the opposite happened. Whether through panic-buying or other motivations, consumers continued spending, product demand held steady and even grew in some segments. Even with several countries enacting their own fiscal stimulus packages, manufacturers are still struggling to meet the unprecedented production and logistic demands brought on by the Coronavirus pandemic.

THE LATEST SUPPLY CHAIN NEWS

If there were any doubt of just how dependent our local supply chain is on our global trading partners, we need only to look at the bruising we took with our recent US-China trade wars and our ongoing challenges working through the Coronavirus pandemic. These ruinous events caused regional and national disruptions to our supply chains, and also exposed the vulnerabilities of many manufacturers, especially those who have a high dependence on China - or any “eggs-in-one-basket” scenario to fulfil their need for raw materials or finished goods. Our Supply Chain News section provides both a historic and current view at the influences impacting product availability and pricing.

Click the links in the timeline below for the latest updates:

COMMODITY WATCH

Daily Commodity Prices

Aside from its ubiquitous use in electrical wire and cable, copper is also one of the most commonly used metals in a wide variety of industries across the globe. From power generation and transmission, construction, to factory equipment and electronics, the price of copper highly impacts the cost of consumer goods and serves as a bellwether of our global economy. There are numerous, global supply and demand factors influencing daily commodity prices. With such dynamic complexities, we encourage you to become a regular visitor to our Commodity Watch section to stay informed of current economic trends.

Today's Ticker:

THE LATEST SUPPLY CHAIN NEWS

Periodically, during the course of the year, our manufacturers will send out notifications of price increases to cover increases to their raw materials such as steel, copper, aluminum, zinc, plastic resins, and so on. Connexion posts these price increase notifications towards helping our customers with their cost budgeting and assist in any available pre-increase purchase opportunities.

Here you go:

Manufacturer
Increase Percentage
Effective Date
3M 3% February 01, 2022
Arlington Industries 7 to 16% July 01, 2022
Atkore (Metal Framing) 6 to 8% May 03, 2021
Atkore Allied Tube & Conduit 10 to 40%November 01, 2021
B-Line Eaton15% February 07, 2022
Bridgeport 15 to 20% June 13, 2022
Caddy 4% December 01, 2022
Cooper Lighting 6 to 8% May 24, 2021
Electri-Flex 10 to 30%February 01, 2022
Ericson10 to 20%June 01, 2022
Garvin 15% June 01, 2021
Hammond Power Solutions 2.5 to 3% January 18, 2021
Hubbell - Acme 7 to 17% July 01, 2021
Hubbell - Burndy 6%February 01, 2023
Hubbell - Power 20%January 17, 2022
Hubbell - Kellems 6%February 01, 2023
Hubbell - Raco 7 to 17%November 15, 2021
Hubbell - Wiegmann 4 to 8%June 01, 2022
Hubbell Commercial Construction  1 to 6% (varies by product group) March 01, 2021
Ideal 8% February 14, 2022
Keystone 4 to 9% March 15, 2021
LeGrand - Wiremold8%June 20, 2022
Leviton 20%August 01, 2022
Lutron 10%July 10, 2022
Mersen/Ferraz18%June 01, 2022
Milbank 7 to 20% July 01, 2021
Pass & Seymour 10% March 21, 2022
Picoma 7% on all products February 01, 2021
Polywater Approximately 0.1% (varies by product group) January 01, 2021
RAB 19% April 04, 2022
SATCO 6% July 01, 2022
Schneider Electric - Asco 3.5% January 01, 2021
Schneider Electric - Square D 12 to 21% July 10, 2022
Signify 4 to 8% (varies by product group) August 09, 2021
Southwire 5 to 20% (varies by product group) June 01, 2022
Sylvania - LEDVANCE 10% November 01, 2021
TCP 15% July 01, 2021
Wheatland 7% May 09, 2022

Last Update: 01/30/2023

Questions?

Please contact your Connexion Sales Representative for details; including product lines affected and available pre-increase purchase opportunities.

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