Commentary

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Commentary - 8 June 2022

Communication and confidence are key to supply chain challenges

 

While we work through these testing times, we understand that choosing reliable supply partners can be difficult.

Every company is experiencing challenges when it comes to sourcing raw materials, ever-increasing utility costs and shipping fees amongst many other issues.

Regrettably we are hearing stories of clients who are being short-changed by their supply chain. Corners are being cut, quality standards are dropping, budgets exceeded and deliveries running late.

Some companies have, sadly, been forced out of business because they simply can’t cope financially, physically or logistically with current demands.

This is where companies with decades of experience, financial stability and security of raw materials supply, such as Balmoral, can be relied upon.

Operating to continually improving standards including ISO, API, etc, as well as customer specifications, our clients repeatedly trust us to deliver on time and on budget.

We believe it is important that project and purchasing teams carry out due diligence on their supply chain to ensure that service, quality and communication will not be impeded under current operating conditions.

Equally important is the subject of early dialogue to allow timely project planning to take place. We understand that this isn’t always possible, but it definitely helps the process when it is.

So, speak to your supply chain about your concerns, make them aware of your critical touch points, deadlines, etc, and maintain communication to ensure that your project execution runs smoothly with no surprises along the way.

A trusted partner to the offshore energy sector
Our highly experienced team would be delighted to discuss your project. Please contact us for further information.
Contact us to find out how we can help solve your current technical challenge

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Balmoral Comtec Ltd
Balmoral Park, Loirston, Aberdeen AB12 3GY | +44 (0)1224 859000 | surety@balmoral.co.uk
Registered number SC301819

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