www.acmanet.org 21 Two years ago, composites companies were struggling with multiple issues when trying to obtain the supplies and equipment they needed to maintain their operations. Even when they could procure them, it was a timeconsuming and expensive process to get them to the right site. While the composites supply chain today is in much better shape, problem areas persist. From 2020 through much of 2022, material prices and freight costs were at record highs and lead times and transit schedules were long. “But the biggest fear was not getting material at all,” says Mike Wallenhorst, president of Fiber-Tech Industries and a member of ACMA’s Board of Directors. “At least now we feel confident we can get the materials and equipment we need.” Quoted lead times are generally back to normal, but actual delivery dates can be unpredictable. For example, when FiberTech needs to buy equipment and gets a quote with a threemonth lead time, it’s not uncommon for the supplier to call a month later with a lengthy postponement of delivery. “The delays are unexpected and so long as to be unbelievable. But it’s not across the board; it just pops up randomly,” says Wallenhorst, whose company manufactures GFRP panels. This is more likely to happen with more complex products like gel coats and equipment, which require more labor for production and/or must be imported. Creative Composites Group, which manufactures structural FRP composites, had difficulty obtaining resins, pigments, catalysts and coatings during the COVID-19 pandemic and after the freeze in Texas in 2021. “We had to deal with no confirmations for supply orders and dates being missed when orders were confirmed. In some cases, this resulted in short shipments or no shipments,” says Shane Weyant, chairman/CEO of Creative Composites Group and a member of ACMA’s Board of Directors. “Things have improved, however, and this is not the case currently.” Managing for Volatility Companies have developed several strategies for dealing with this supply chain uncertainty. During the worst of the supply chain woes, managers at each of Creative Composites Group’s locations met daily to discuss material shortages and juggle production schedules so they could continue manufacturing. Although there are fewer shortages today, managers still meet weekly to review what’s available and to ensure production can continue. The company has also identified a second supply source for all the materials it needs and has found ways to modify batch formulas to develop alternatives for certain hard-to-obtain additives. Composites companies also are keeping a closer eye on materials and equipment inventory levels, trying to gauge how much they should stockpile given current conditions. Fiber-Tech has gone through all its key equipment, identified any parts necessary to repair and maintain them and invested in a Smoother Sailing for Composites Supply Chain Manufacturers and suppliers have overcome many disruptions, but some challenges remain. By Mary Lou Jay Composites companies are rightsizing their materials inventory, balancing the need to be ready for unexpected shortages with the expectation that some prices may be coming down. Photo Credit: Composites One
RkJQdWJsaXNoZXIy MjE3MDU=