Till now, deliveries to our customers have been performed as agreed. But the consequences of the Covid-19 crisis inevitably also affect the transport world. The availability of transport becomes limited. This is partly due to the extra precautionary measures, which cause longer waiting times for the driver, and increased illness among drivers. This means that you will receive your shipment with a delay and occasionally on other days than you are used to. Once again, we count on your understanding during this difficult time. We wish everyone a lot of strength and health.
Dear customer, as a result of the situation around Covid 19, the demand for some articles has risen sharply. We are working hard to speed up and expand the supply of these articles. In order to be able to supply as many customers as possible with these much sought-after articles in the meantime, it may happen that there are (temporarily) maximum quantities per article per order. For more information, please contact our Customer Support department. We count on your understanding for these measures in these special circumstances
Last March 10, we implemented the first measures in order to deal with the Covid-19 virus. Since then, the majority of our employees have been working from home and consistently respect these measures to promote social abstinence. The work of some colleagues can only be done from the office. However, this is a group of less than 10 people and their workplaces are (to prevent infection) spread across different offices and office premises.
The developments around the Coronavirus are a reason for concern all over the world. The spread of the disease, the high number of people who have fallen sick and certainly the great number of fatalities is worrying. The Corona crisis is also having an economic impact. Therefore Newco is unfortunately forced to apply a temporary surcharge to a section of our assortment.
A large number of factories in China are still closed and the remaining are running at half speed. Major stakeholders from the electronics and automotive industries, among others, are now facing difficulties maintaining the supply of products from China. Newco is experiencing similar problems: The supply of products we purchased has been delayed or even temporarily stopped. As a consequence, we are unfortunately forced to temporarily increase the prices of a section of our range. For now, we will limit this to only the fast movers section of our assortment.
We see ourselves forced to increase the prices of our fast-movers originating from China by 7.5% as of 1 April 2020. 5% of this is caused by the scarce offer together with our efforts to guarantee sufficient stock on fast movers. The remaining 2.5% is related to the development of the US dollar exchange rate.
Please note: this is an initial estimate and unfortunately we cannot exclude that any further price adjustments will be necessary. Nor can it be ruled out that these price adjustments will take place more frequently than usual.
A large part of our product range does not (directly) come from China and will therefore not be affected (for the time being). For now, we will limit this to only the fast movers section of our assortment.
If at some point in time the surcharge can be (partly) reversed, we will obviously do so. We advise you to charge the price increase to the consumer price that you apply to your customers.
Despite the fact that these events are beyond our control, we truly regret having to deliver this message. Please do not hesitate to contact us for questions and comments