The growth and spread of COVID-19 around the world has everyone on edge. Businesses, schools, and healthcare institutions are all implementing their pandemic protocals from 2009 (H1N1) or, they're scrambling now to put something in place. Given the pace of how COVID-19 is proliferating, the impact to business operations is imminent.
According to a survey conducted ealier in March by the National Association of Manufacturers, 78.3% of manufacturer respondents say that the COVID-19 outbreak is likely to have a financial impact on their businesses; 53.1% of manufacturers are anticipating a change in their operations in the coming months; and 35.5% say that they are already facing supply chain disruptions. Just as we learned from the recent disruptions caused by the trade wars, this pandemic will expose the vulnerabilities of many manufacturers, especially those who have a high dependence on China to fulfil their need for raw materials or finished goods....
Additional information on our COVID-19 page
March 19, 2020: The latest macroeconomic update from Cleveland Research, focuses on the widening spread of COVID-19 including key data sets that may help forecast the economic impact over the next 60-90 days.
The report includes 3 sections:
Periodically, during the course of the year, our manufacturers will send out notifications of price increases to cover increases to their raw materials; 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.
|Manufacturer||Increase Percentage||Effective Date|
|Hammond Manufacturing||1 - 4% by product category|
|Arlington Industries||2% General & 5% Selective|
|Ideal Industries||1 - 3.7% by product category|
|ABB Industrial Solutions||2 - 4%|
|Broan/Nutone||2 - 4%|
|American Polywater||Avg. 1%|
|Burndy||4 to 6% across most products|
|Stanley Black & Decker||Undefined|
|LEDVANCE||10% (delayed until Jan. 1, 2020)|
|Signify (Philips Lighting) 2 of 2||Selective 15%|
Download the Manufacturer's Notification of Price Increase
Questions? Please contact your Connexion sales representative for details; including product lines affected and available pre-increase purchase opportunities.