Independent distributors are expecting to see a double-digit increase in revenue for the year, with some forecasting 20 to 30 percent sales growth because of shortages of a range of components. Shortages are expected to continue for the first quarter of next year.
ERA‘s recent newsletter has identified big opportunities for distributors who focus, plan and deal with the right manufacturers and sales representatives.
Strong demand and limited supply means prices are rising. Prices for some components on the open market have double or tripled. In some cases, component tags have increased 800%, according to one independent distributor.
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