PAPER SHORTAGES AFFECTING THE PRINTING INDUSTRY
We have all been navigating through the current supply chain issues since the beginning of the COVID-19 pandemic. Although businesses have reopened and things look to be getting back to normal, the biggest challenge for businesses now is keeping up with the increasing demand for goods and services amidst global supply chain issues, labor shortages, transportation holdups, inflation, and increasing costs. These circumstances are especially reflected in the print industry in the form of mass paper shortages and price increases.
As it more specifically relates to the printing industry, kinks in the paper supply chain have also been magnified by the shift in what domestic paper mills have been producing. During the early stages of the pandemic, the demand for paper fell as events were canceled and many businesses slowed operations. In order to absorb this downturn, paper mills adjusted their strategies by reducing the amount of paper they produced and increasing production of corrugated and other packaging materials. Global transportation bottlenecks and other logistical obstacles, including rising fuel costs and longer transit times, have further inhibited the ability to rely more on foreign sources of paper as well.
In short, if you and your business have not yet felt the squeeze of the paper supply shortage, there is a good chance that you may soon.
Our aim is not to cause panic. We can get paper. Rather this is meant to be a resource to help you plan, pivot, and reduce the pain points related to the current challenges in getting the printed materials you need. In order to help with this, we highly recommend following the suggestions outlined below to help mitigate delays due to paper supply issues.