{"id":596061,"date":"2022-04-15T15:32:01","date_gmt":"2022-04-15T15:32:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=596061"},"modified":"2022-04-15T15:32:01","modified_gmt":"2022-04-15T15:32:01","slug":"used-forklift-industry-suffers-major-inventory-shortage","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/used-forklift-industry-suffers-major-inventory-shortage_596061.html","title":{"rendered":"Used Forklift Industry Suffers Major Inventory Shortage"},"content":{"rendered":"
Industry challenges to supply businesses with necessary inventory handling equipment<\/div>\n

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Fort Wayne, Indiana – April 15, 2022 – <\/strong>As with many industries facing shortfalls in the supply chain, suppliers of inventory handling equipment such as forklifts are no different. We turned to the experts at Sun Equipment<\/a>, Inc. in Fort Wayne Indiana for their insight on industry trends and challenges.\"\"<\/p>\n

Sun Equipment, Inc. is a leading supplier of used forklifts for businesses nationwide.  The company has been in the forklift supply business for over 35 years, having a well-established system and chain of connections throughout the country. We spoke with Mike Hoskins, President of Sun Equipment Forklifts<\/a> for his perspective. “We’re experiencing an inventory shortage like never before,” states Hoskins. According to Hoskins, “The industry challenges stem from the pandemic. When businesses finally reopened following the massive Covid lockdowns, the manufacturing plants rushed to catch up.”<\/p>\n

The domino effect of business lockdowns has led to port delays, spikes in freight costs, and significant labor shortages. As the economy navigates its way to recovery, more and more businesses are still trying to recover losses from their inventory shortfall.  Even for businesses that do get inventory restocked and staff rehired, they still face the challenge of managing the inventory with proper handling equipment.  Storage facilities and proper movement of inventory often requires use of forklifts. The shortage of forklifts is part of the chain reaction that many expect to continue through the end of 2022.<\/p>\n

As businesses work to restock their inventory, they are also finding that the cost to deliver and handle that inventory has increased. No one wants to see prices increase, but it has become a basic supply and demand challenge that is all too familiar. There are multiple points of delivery between production and consumer purchases. Any shift to the normal distribution process impacts the entire chain. When manufacturing is shut down for months as it was during the Covid pandemic, you simply can’t avoid experiencing a surge in demand or pricing.<\/p>\n

Buying and Renting Used Forklifts: Timing is Everything<\/strong><\/p>\n

Like most systemic breakdowns, human behavior is impacted. Today, when customers are looking to rent or buy a used forklift, they should expect to respond quickly. There is very little time to evaluate and decide on a purchase once you find what you need. According to Hoskins, “When our customers find the right used forklifts for sale to meet their needs, it’s not in their best interest to wait. What we have available today may likely be gone tomorrow.” <\/p>\n

While Sun Equipment used forklift dealers do have forklifts in stock, the company is doing everything they can to constantly backfill inventory of used forklifts available for sale and rent.<\/p>\n

About Sun Equipment Used Forklift Dealer<\/strong><\/p>\n

With the Sun Equipment name comes a dedication to quality products and a customer satisfaction guarantee. Whether businesses are looking for a late model used forklift, a reconditioned forklift, or an older slightly used forklift, Sun forklifts are high quality equipment for all material-handling needs. Even with global supply chain shortages, the team at Sun Equipment remains focused on working to provide a diverse inventory of used forklifts for sale and offer a guarantee that the equipment fits the individual needs of its clients.<\/p>\n

Sun Equipment buys and sells all types of quality, gently used forklifts. From pneumatic forklifts to rough terrain forklifts, to narrow aisle forklifts and batteries, inventory is constantly added to fill the needs of as many different types of industries as possible. Finding the right equipment to improve day-to-day operations and keep businesses running smoothly has always remained a top priority.  <\/p>\n

Sun Equipment also offers convenient financing options to make purchases easier and more affordable. To learn more about and view the current inventory available through Sun Equipment, Inc., visit Sun Equipment Used Forklifts for Sale<\/a><\/p>\n

Sun Equipment, Inc.
3517 Cantwell Blvd
Fort Wayne, IN 46814
Phone: (260) 616-0651
https:\/\/www.sunequipment.com\/<\/a><\/p>\n

Media Contact<\/span>
Company Name:<\/strong> Sun Equipment, Inc.<\/a>
Email:<\/strong> Send Email<\/a>
Phone:<\/strong> (260) 616-0651
Address:<\/strong>3517 Cantwell Blvd
City:<\/strong> Fort Wayne
State:<\/strong> IN 46814
Country:<\/strong> United States
Website:<\/strong> https:\/\/www.sunequipment.com\/<\/a><\/p>\n

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Industry challenges to supply businesses with necessary inventory handling equipment   Fort Wayne, Indiana – April 15, 2022 – As with many industries facing shortfalls in the supply chain, suppliers of inventory handling equipment such as forklifts are no different. … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401,410,415,404,416],"tags":[],"class_list":["post-596061","post","type-post","status-publish","format-standard","hentry","category-Business","category-Manufacturing-Industry","category-Transportation-Logistics","category-US","category-World"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/596061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=596061"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/596061\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=596061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=596061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=596061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}