Dealing with a post-pandemic supply chain crunch
BOSS is committed to working with our customer base through this time of tight supply, higher costs
CALGARY, Canada (Aug. 9, 2021)—Around the world, life is returning to normal. The same cannot be said for the global supply chain.
Renewed demand, tight supply, and shortages in labor, equipment and shipping capacity have hampered post-COVID business recovery around the world. It’s meant shortages and higher prices for a very long list of products—including the base oils and other raw materials that we rely on at BOSS Lubricants.
“We’re managing as best we can, but as one of our suppliers has told us, every component of the supply chain is under unprecedented strain right now,” says Jarrett Flegel, President of BOSS Lubricants.
“Unfortunately, in the near term, that means tight supply and higher costs for BOSS, and in turn for our customer base. But we’re committed to working with our valued customers to get through this.”
BOSS’s purchase of six new 93,000-litre tanks in June brought storage capacity to our indoor, climate-controlled Calgary plant up to about 3.8 million litres. While that purchase partially cushions the blow of base oil price shocks for our customer base, reality dictates that BOSS customers will be on allocation until supply is once again ably meeting demand for our range of oils, lubricants, glycols and greases.
“We work hard to provide premium products and competitive pricing, alongside exceptional service,” says Flegel. “In times like these, we appreciate our customers more than ever—and are thankful for their understanding and support.”