As we approach the end of 2024, the Aerospace fastener distributor supply chain continues to challenge the entire industry. Market conditions of raw material availability have put a premium on expedited order placement.
Price Inconsistency, Shrinking Channels, and More
The validity period for quotes from manufacturers is shorter than ever. End users must make decisions quickly to secure pricing. This helps them avoid price changes.
Acquisitions in the supply chain is affecting access to what was once an open supply. Now, it is protected by large corporations.
Distribution channels continue to shrink, requiring more layers of distribution to feed OEM demand. Prices from large manufacturers are now unstable and controlled on important program platforms.
How Do We Proceed?
This situation makes it hard for customers to manage risk. Lead times continue to grow, as we have seen recent manufacturers’ quotes reach 150+ weeks of lead time.
FTS continues to navigate these modern issues for our customers by proactive recommendations of inventory renewals through our historical and predictive forecast models. This has allowed our safety stock levels to support customer demand while orchestrating long-term supply planning.
Our partnerships with large manufacturers continue to provide our customers with the higher quality, competitive products available. FTS has not only invested in inventory for our customer base but also expanded our supply chain. As we continue to develop new advantages from a price, quality, and delivery perspective.
Connect with FTS Today
Our VMI programs, dynamic reporting, and supply chain partnerships continue to allow us to grow within this dynamic industry. Our goal is to manage risk for our customers and continue to offer world-class levels of service and quality. Feel free to reach out to our team to see how FTS can make a difference for your organization.
