Supply chain
WASHINGTON (BRAIN) — Bicycle imports were up 49% by unit count in January, compared to January 2020. In dollars, imports were up 26% year-over-year.
(BRAIN) — A C-student in whatever class comes before Economics 101 could predict price increases in the industry in 2020, given the imbalance between supply and demand. And 2021 will likely see retail prices go up another 10-25%, experts say.
The view from Australia? "If you thought supply was tight in the second half of 2020 then you ain't seen nothin' yet!"
ASHEVILLE, N.C. (BRAIN) — Cane Creek Cycling Components has named Eric Smith as its new director of supply chain. The newly created position is a promotion for Smith, who has been with Cane Creek for 10 years, most recently serving as sourcing manager.
HEERENVEEN, the Netherlands (BRAIN) – Accell Group N.V., parent of SBS, Raleigh, Diamondback, Currie and Redline in the U.S. and a slew of European brands, will appoint Jeroen Both to its board of directors as chief supply chain officer. He will be responsible for purchasing, planning and logistics.
By Matt Wiebe
NEWBURY PARK, CA—Over the years, long lead times have changed the industry’s dynamics—and those lead times show no signs of getting shorter.
MADISON, WI (BRAIN)—While Trek had its most successful year in 2010, company president John Burke admitted to retailers that it left a lot of money on the table due to delivery problems.
BY MATT WIEBE
PHILADELPHIA, PA—Cold, wet weather and supply problems took a toll on bike shipments to dealers during the first quarter.