Replacement Parts in Short Supply as Prices Increase
The automotive service industry continues to experience supply shortages for vehicle replacement parts. Like many other supply chain delays, the problem appeared at the onset of the pandemic and affects many different components.
In addition, commodities, the raw materials used to manufacture parts, have been in great demand, which has lengthened production times and delayed final delivery to repair vendors.
These shortages and this demand has potential to increase vehicle downtime, and could, result in increased prices of parts, which ultimately impacts fleet maintenance and repair costs.
Our maintenance management programs at Enterprise Fleet Management help clients with these challenges by providing repair cost oversight. Furthermore, our team of advisors seeks alternative sources for parts and works directly with manufacturer partners on a case-by-case basis to expedite back-ordered parts.
Article Source: www.globalfleetmanagement.com