The shortage of flexible ducts is a result of the global pandemic, which has caused a widespread shortage of stainless steel, one of the main products affected. Flexible ducts are an essential part of air circulation, and due to the shortage, customers may have to wait a couple of weeks for certain sizes. Companies have reported that the shortage is not as severe as last year, but they are still facing difficulties due to the lack of ducts. This has led to higher prices for customers and delays in completing jobs, even after charging more. The shortage of air conditioning equipment is also due to a lack of materials such as copper, steel, aluminum and plastic.
As a result, the cost of air conditioning equipment has increased significantly, with some items rising by more than 80% compared to a year ago. The international shortage of raw materials is causing delays for thousands of people in North America. The HVAC supply chain is struggling due to the pandemic, and this is causing a shortage of air conditioning equipment. Manufacturers are also facing labor shortages as workers get sick or take leave to care for family members, resulting in fewer products being produced. This has led to customers being frustrated with the shortage and price increases.
What Can You Do?As an HVAC business owner, you may be feeling overwhelmed by the current shortage of ducts and air conditioning equipment.
But there are steps you can take to ensure your business runs smoothly all four seasons of the year. To start, you can use customizable financial products, insurance, wealth advice and loss prevention services. This will help you manage your finances and protect your business from any unexpected losses. It's also important to keep technicians up to date on information from suppliers so they can share it with customers. This will help them understand why there is a shortage and why prices have increased. In addition, you should make sure that your HVAC systems are well maintained so they don't need to be repaired or replaced too often. This will help reduce the demand for parts and materials that are already in short supply. By taking these steps, you can ensure that your HVAC business runs smoothly despite the current shortage of ducts and air conditioning equipment.