Meusburger Guarantees Continuous Delivery Availability Despite Raw Material Crisis
Meusburger’s extensive stocks of standard parts and plates enabled it to prevent a drastic price development over the last six months.
- 3D Printing and Coronavirus: U.S. Additive Manufacturers Share Their Experiences
- Custom Mold & Design Chases Complex Mold and Production Part Projects with Top-of-the-Line Five-Axis, Screw, Mill/Turn, Additive and Molding Machines
- New Series: A People + People Plan to Align Marketing and Sales to Support Growth Goals
Photo Credit: Meusburger US Inc.
According to Meusburger US Inc. (Charlotte, North Carolina) the current sharp increase of raw material prices is causing uncertainty for many companies. The dramatic rise in costs is due to the increasing demand for steel which has resulted in a global steel shortage. The shortage, in turn, has resulted in supply bottlenecks, which has affected prices. For example, the price for steel grade 1.1730 has doubled, Meusburger says. Right now, the company says it is unclear when the situation will ease again.
“The procurement difficulties and the significant rise in steel prices are also a very big issue for our company. Regardless, our top priority is to continue to fill our warehouse to ensure continuous supply to our customers as they implement their projects,” says Managing Director Guntram Meusburger. “Our mission is to guarantee delivery availability through our raw materials warehouse—now and always. That is why, despite the current challenge, we will not stop purchasing raw material. As described above, the raw material crisis, particularly the steel producers’ supply bottlenecks and the dramatic increase of costs, has also impacted our company. Thanks to our large stocks, we were able to prevent that this drastic price development affects our customers over the last six months. However as there is no relief in sight and steel prices are still rising, we are forced to make price adjustments.”
The company notes that, as a result of its extensive stocks of standard parts and plates, Meusburger can ensure continuous availability to customers. The company also relies on a high-percentage of in-house production. Further, Meusburger contends that it is the only standard parts supplier that offers 100% in-house production of plates.
The Austrian company’s mission is to continue to guarantee reliable supply in the future. With its large stocks, customers can rely on the standard parts manufacturer for on-time delivery.