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I work in the construction industry, so not quite, but I know that supply chain issues and shortages are affecting us quite a bit still so I imagine your industry is seeing a lot of the same?
Our supply lines have actually stabilized quite a bit, only a handful of products we still struggle slightly with.
Apart from that, and I think you’ll probably relate, we’ve seen some insane rises in price.
Some products have doubled or even tripled in price as well as shipping costs have increased significantly, not the greatest combination.
I just heard this from a friend of mine who's working in that field. One of the challenges is the sudden increase in prices. He said it's really difficult to adjust the prices without losing any clients and still earn.
That was a huge issue for us, we are still feeling the effects too, really difficult going into hard financial times like these.
And it’s really starting to be apparent, 60% of our costumers pay late…