After the COVID pandemic, the supply chain has been severely disrupted causing delays in renovating projects. Initially, it was quite difficult but things are at a slow pace returning to normal. Many industries have been affected, one of which is the housing industry. The market for siding in gardner ks also experienced setbacks, as the siding products supply chain fell victim to the crises caused by COVID, which caused interruptions for building projects. Even after the crisis is over, it still somehow affects the processes involved in the projects.
UNEXPECTED TRANSPORTATION DELAYS
Transportation delays were caused even before COVID-19 started, as the industry was struggling with the new labor laws implemented. The employees of respective companies were forced to reimburse the amount for gas and trucks without having any value addition to them. As a result, many of the drivers have to quit their jobs and find better-paying jobs as compared to this. Due to this, a massive shortage of supplies was created. And then the pandemic comes into the picture, which only makes things worse. The demand for the siding products was skyrocketing, but there was no one to fill in and meet the demand.
A LACK OF RAW MATERIALS
In order to transport the material for meeting the demand, it is necessary that the material should be there to transport in the first place. During the pandemic, getting a necessary material itself was quite difficult. The prices of such materials on the other hand rose by 24.4%. The shortage of labour, natural calamities, lack of transportation, and shortage of fund only makes it difficult for the material to be produced.
SKYROCKETING DEMAND
The demand for these products was high even before the pandemic started. But after the pandemic struck, the demand for these products has skyrocketed. The crises not only increased demand but also increased the demand for renovating the customer’s home during such a period. The climatic conditions were also unfavorable, which caused damage to homes and buildings. As a result, the overall demand kept on increasing with a decline in the supply chain. According to the principles of demand, this also caused the cost of such material to go up.
IS IT GETTING BETTER?
To answer to that question is yes, but the process of restructuring may not seem immediately. The process is coming back to normal but in a slow-paced time. The companies with an agenda of delivery raw materials and labour have taken a quite hit on their operations. The industry is in a volatile and fragile situation, but keep in mind that things always get better.
CONCLUSION
After the pandemic, many industries are seriously hit and running into losses. The industry of housing is also one of them. Due to the decrease in several labour and delayed transportation, the companies have severely affected. But now everything is coming back to normal and it is advisable for you to have patience and maintain calm.