The Bay Area is experiencing an increase in demand to purchase new home appliances but they are experiencing major shortage in supply. It’s not just one issue causing the backlog of orders, but multiple problems. The turnaround time on a typical order Pre-COVID, was one to two weeks but now the wait is over six months. Most appliance stores in…
According to Whirlpool (WHR) which despite the inflationary profit headwind, the appliance maker reports to be significantly profitable and sees a long runway for further profit growth. Whirlpool is crediting it to continuing to fine tune their supply chain and also taking 5% to 12% price increases earlier this year. “We have raised prices across the globe and we feel…
Companies like Electrolux, Swedish home appliance maker hikes prices as costs for raw materials have risen and that it expects a shortage of electronics components to worsen. Costs for raw materials, electronic components and logistics are increasing further which will probably have a negative impact of increased raw material costs, tariffs and labor costs. “The market for electronic components is…
Servicers need to up their game as more appliance manufactures introduce connectivity and apps. SmartThings Energy, the new Samsung service app that allows smart, green decisions with real-time data that monitors energy usage patterns and can lower energy bills. It allows for control of appliance energy monitoring, target-setting and notifications and HVAC systems. SmartThings Energy offers the most comprehensive real-time…
During the pandemic there was a collapse of the service economy, retail, and restaurants. The only exception was the appliance repair technicians. As families adjust were home 24/7 they put more wear and tear on refrigerators and dishwashers. Technician experienced a huge demand for their services A broken appliance can push a strained family over the edge. Repair technicians —…
