Company news

What Impacts does Covid-19 have on the wood furniture industry?

 22/09/2021

For the past eighteen months, waves of coronavirus pandemic have had firms in the wood furniture industry worried as new challenges and opportunities arise when we confront the Covid-19 pandemic. We all know about the serious shortage of materials, labor and empty containers. Ports become overloaded and face Logistics challenges such as: the overload of ships and trains, the struggle of port rotation ...

All the issues are pervading the world leading to rising prices and costs, sea freight, air freight, and land freight all increase with the highest rate recorded.

Faced with ongoing challenges, some wood furniture manufacturers and retailers have had to find ways to reduce costs and long-term adaptation under pandemic conditions. They sit back and systematize costs, customers and suppliers, thereby offering effective solutions to cost and productivity. Especially, they focus on logistics so that ordering and delivery are at the highest level of efficiency.

Some product lines have been discontinued within the past 1 year due to their low effectiveness. Suppliers have to look for new customers or cut down on production.

Different problems that firms reported facing during the pandemic are everywhere. However, the wood furniture industry alone is expecting more solutions to communication, logistics and supply chain problems.

What can we do to support reconciliation between Logistics businesses and wood furniture businesses?

U&I Logistics.