All Supply Chain Updates are authored by Kevin Reed OCTOBER 2022 MARKET WATCH Metals: Copper started September at $3.40 per pound, pretty much the same as it closed the month prior. There was a quick dip, once the Feds raised interest rates once more, but that proved to be short lived. CU has been […]
By: Kevin Reed, Director of Purchasing, Analytics & Strategic Growth Opportunities, Paramont EO The cost of metals continues to rise While the price of many raw metals has not increased all that much, yet, most manufacturers are still pushing up their costs on their pricing bases due to increased costs of freight and anticipated supply […]
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 […]
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 […]
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 […]
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 […]
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 […]
It might have started as a Covid-19 accommodation- but it turns out it is also an efficient and convenient way to get your order. Give our curbside pick up service a try on your next order!
Written By: Kevin Reed Director of Purchasing, Analytics & Strategic Growth Opportunities at Paramont EO Our Sales staff has been answering the same two questions for almost a year now: “What is going on with pricing?” and “What has happened to stock?”. Easily the two most important concerns for both Contractors and Supply Houses. Nearly […]
