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Industry disrupters 2024: Internal factors, external forces upend status quo

Floor Covering News

However, with great power comes great responsibility—a position many “me-too” suppliers failed to uphold, and the category saw an influx of product that didn’t meet high quality, performance and/or environmental standards. The manufacturers informed the dealers that they were moving to standard payment terms of net 30 days for all products.

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Supply chain: Disruptions ease, issues remain

Floor Covering News

There remains a difference between product from China/Vietnam and rest of world. China/Vietnam has significantly improved but the rest of world remains difficult. As it relates to China/Vietnam, although availability and capacity have significantly improved, rates are still six times pre-pandemic rates.

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