Supply chain
Kendall Young, who owns a brand management company, says single-source supply chains are risky, as we are learning.
BLOOMINGTON, Minn. (BRAIN) — The industry probably can't control when the current boom will end (although we'd all like to extend it). But it might be able to influence how it ends.
The industry futurist says if the situation reduces inventory turns to unprofitable levels, that would be a glut to be concerned about.
MONTRÉAL (BRAIN) — Dorel Sports recorded a 14% sales increase in its fourth fiscal quarter and a 15% increase for its full fiscal year, which ended Dec. 30. Dorel Sports is the division of Dorel Industries that holds its bike brands, including Cannondale, Schwinn, GT and others.
TAICHUNG, Taiwan (BRAIN) — Three years ago, social media feeds filled with colorful, striking images of abandoned share bikes in China, piled into teetering mountains. They shocked the world, or at least inspired use of "shocked" emojis for a few hours.
TAICHUNG, Taiwan (BRAIN) — By now, most BRAIN readers have heard stories about extended delivery times for bikes and components from Asia. What's been less obvious is how those delays are harming some of the industry's smaller and newer brands.
TAIPEI, Taiwan (BRAIN) — For the remainder of this decade, Taiwan's component makers will leave millions of dollars on the table — and risk having other nations pick up the slack — unless its component manufacturers increase capacity as soon as possible, two global industry leaders say.
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.
MONTEREY, Calif. (BRAIN) — The impact of high inventory levels on the specialty channel was felt especially hard last year. But gaining a better grasp on inventory and forecasting is a complicated issue that bike brands feel they are ill-equipped to solve quickly.
FRIEDRICHSHAFEN, Germany (BRAIN) — Changing consumer behaviors are forcing the European bike industry to take a good look at its supply chain and where it can shorten lead times and respond to market demands and changes more quickly, said Jack Oortwijn, editor of Bike Europe, as he set the stage for a conference addressing the major challenges suppliers face in bringing production back to Europe.
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