Do More with Less: Materials Manufacturers Face New Challenges Amid Covid-Boosted Demand and Constrained Supply Chains
Cliché suggests that it’s impossible to have too much of a good thing — but in the construction materials sector, manufacturers might beg to disagree. Ever since the onset of the Covid-19 pandemic, producers in the industry have struggled to overcome production constraints while fielding unprecedented demand for their goods.
In this white paper, Gerent unpacks the market factors that have prevented manufacturers from reaping the benefits of high demand in the two years since the Covid-19 pandemic began.
We further explore:
- Why construction materials manufacturers have struggled to regain their pre-pandemic production capacity — and why that struggle has undermined producers’ abilities to take advantage of high demand
- How labor shortages, backlogs, consumer behavior changes, and raw material price shifts have resulted in variable, even volatile, product prices
- Why all of these factors have caused repricing to emerge as a costly challenge for construction material manufacturers