Flint Group CPS sent customers an update on March 10 about
the impact of coronavirus on supply to the industry.
Michael Podd, chief procurement officer and
senior VP commercial, reports “Like many companies, we have observed some
delays in the supply of raw materials as a result of manufacturing and freight
disruptions within China .
CPS presently continues to have sufficient inventory to support your business,
and has additional stock on the water inbound. Further, Flint CPS procurement
and supply chain teams continue to activate alternative region sourcing options
to further mitigate any potential supply issues.
“In the event this is insufficient, we will
expedite raw material shipments where feasible, and will be fully transparent
with our customers on any additional cost. We will of course prioritize
existing customers, particularly those with long term contracts.”
CPS Inks is a global Flint Group business unit
offering offset and publication gravure inks, blankets and consumables to
offset web and offset sheetfed printers. Headquartered in Luxembourg ,
Flint Group employs some 6,800 people.
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