Electrical Distribution Supply Chain Update

Electrical Distribution Supply Chain Update

All Supply Chain Updates are authored by Kevin Reed SEPTEMBER 2022 SUPPLY CHAIN UPDATE Nearly all metals are down right now. Even with projected shortages in base metals going forward. Less than a week ago, at the Central Banking Conference, Jerome Powell (U.S. central bank chief) spoke about a painful period of slow economic growth. […]

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The War on Metals

The War on Metals

With strict new sanctions on Russia, some important facts that will affect our industry directly are outlined below. Combined, Russia and Ukraine lead the global production of metals such as nickel, copper, and iron. Neither country will be able to keep capacity if they are mired in war. With metals making up a large part […]

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The Electrical Supply Chain

The Electrical Supply Chain

By Kevin Reed, Director of Purchasing, Analytics & Strategic Growth Opportunities In 2021 the Struggle Was Real To say 2021 was a challenging year, would be an understatement. We witnessed a dizzying array of unprecedented electrical supply chain disruptions from manufacturing shutdowns and slowdowns to Port and Border closures. The result was that sourcing of […]

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The So-Called Copper *Crash*

The So-Called Copper *Crash*

By Kevin Reed I have heard the term “Copper Crash” being thrown around, as in “What am I paying now, with the copper crash”. Copper, while a tad bit cheaper now, never crashed. Futures in May 2021 were the highest anyone has ever seen. At that time, CU climbed to its highest value per pound […]

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What it Means to be Imark Platinum

What it Means to be Imark Platinum

Since the inception of Paramont-EO (from the merger of Paramont ES with Evergreen Supply) over a decade ago, we have managed to achieve “Platinum” status with IMARK Electrical, the largest distribution organization in the US Electrical industry, every single year. So, what’s the big deal in that? We’re glad you asked! When you partner with […]

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Are You Prepared?

Are You Prepared?

by Kevin Reed It was Benjamin Franklin that famously said, “By Failing to prepare, you are preparing to fail.” Truer words cannot be spoken right now, with all of these supply chain issues and surging prices on most everything you need for your project. Now, more than ever, you should be planning ahead. Instead of […]

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