As we continue to navigate the current environment, freight and supply chain issues are still a challenge even though our team is doing a fantastic job at finding the best options. Our fill rates are almost back to pre-pandemic levels which is encouraging to see.
Costs continue to rise on the freight side of our business with massive surcharges on both ocean and land. Because of this, we will be implementing a 3% price increase across all products. The freight increases are touching every part of our business, as I am sure is the same for you.
On another note, we have heard many companies increasing pre-paid minimums. I am committed to keeping our pre-paid mins unchanged as long as we can. I know that this is important to maintain profitability and this is currently a change we are not looking at making.
As I am sure you are all aware – 2022 is starting out much like 2021. We believe that the same issues we dealt with last year are going to persist through much of 2022. There are going to be more price increases as materials are increasing again, but we will do our best to give ample notice on changes that are coming.
Pricing will be available on the website April 4, 2022.
We will be implenting these price increases on April 15, 2022.