As a boutique interior design firm, we have been carefully navigating and constantly monitoring the ups and downs of this world we find ourselves in today. Typically I like to begin my blog posts on a positive note. Stay with me until the end of this post – I promise you’ll see that there is a rainbow at the end of this tunnel.
Why lead times are so lengthy.
One publication we regularly subscribe to explains it as such:
“When severe winter weather struck the Gulf Coast region earlier this year, it halted production for chemical foam manufacturers—yet even as summer has thawed frozen facilities, the industry is still at a loss for foam. Like many other supply chain shortages, the issue is one of unrelenting consumer demand, which has been consistently running above capacity for chemical suppliers since the pandemic began. Industry insiders aren’t expecting demand to return to stable levels until June 2022.
The industry’s supply of foam for mattresses and upholstery production remains wanting. The answer, it appears, has less to do with what the industry might call “normal” supply of foam and chemicals for foam than with the relentless surge in demand for product that has yet to abate. Think of it this way: if the chemical suppliers are running at 100% capacity, industry demand continues to run at 120% or 130% of that capacity. The chemical suppliers simply have not been able to catch up.”
Why prices continue to increase
Not only have ocean freight rates increased astronomically, but commodities like steel, brass, aluminum, cardboard and lumber have all increased dramatically as demand surges across the board. In addition, other products (aside from foam) made from petrochemicals such as paints, acrylic, fabric and coatings have also increased.
So what is Fiori Interior Design doing to navigate this storm?
- Ninety percent of the products we specify are made in the USA or like the vintage pieces we use in our designs, are sourced locally (aka sustainable). This has always been an important part of our core beliefs. So for the most part, we are not affected by ocean freight rates.
- Weekly ongoing communication with our manufacturers and trades means that you are kept up to date with any delays, so that you are also able to plan. We will always find an equally beautiful piece should one backordered element of a design hold up an install.
- We are further streamlining our processes so that we can work “leaner.” Our installations continue to take place on either back to back days, depending on the size of the project, or in one full day.
- We are looking at the big picture and planning ahead… even more so than in the past. We recently installed a kitchen project in under two months because we started designing the project and “stockpiled” all of the components so that every trade was lined up and ready to go. I can’t lie – I held my breath until the end, but it was the most seamless design we’ve worked on to date! Teaser: Look for this project next month in an upcoming New Jersey publication!
So, are you thinking about your next design project? Why not start to plan now?
Give us a call and let us know how we can make that dream become your dream home!
“The more time you spend contemplating what you should have done… you lose valuable time planning what you can and will do.” ― Lil Wayne, rapper