We are continuing to work tirelessly to provide our customers with a best-in-class service.
To mitigate logistics and supply chain risks we have increased our stock holding by £20m [AU$34m] in the last 12 months, continuously review availability, and have implemented action plans with suppliers who continue to experience challenges.
While disruptions to the global supply chain are starting to ease the availability of electronic components and connectors continues to be very restricted in certain technology groups. This is especially evident for ceramic capacitors, aluminium electrolytic capacitors, chip resistors, automotive type connectors and highly complex semiconductors and modules.
However, it is worth noting that various product groups – such as automation & control - which use electronic components during manufacture are experiencing supply constraints and the situation is expected to continue through-out 2022
Be assured that your needs remain at the heart of what we do, and we are committed to providing you with reliability, simplicity, and expertise at every step.