Items Tagged with 'supply chain'

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Executive Q&A

Adapting & Learning From 2022’s Challenges

Rocky Mountain Equipment Chief Sales & Operations Officer Jim Wood talks about how the dealership managed through price increases, inventory shortages and changing customer buying habits.
Last year brought a series of hurdles for dealers to jump through. Customer demand was up, but there wasn’t much to sell them. Prices went up and so did interest rates.
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Executive Q&A

Montag Talks Labor, Component Shortages & Advocating for Farmer Profitability

Montag Manufacturing CEO Anthony Montag talks about how the company is handling supply chain issues, labor issues and what he sees are the future of farmers’ equipment needs.

Dealers and manufacturers are facing many of the same issues in the ag equipment industry. Both are impacted by struggling global supply chains and a shrinking and increasingly competitive labor pool. 


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On the Record

Inventory in Short Supply, But Dealers Report Improvements

In this episode of On the Record, the latest Dealer Sentiments Report shows that dealers inventories of both new and used equipment are improving despite being too low. In the Technology Corner Noah Newman talks with Verdant Robotics plans to scale its fleet. Also in this episode, Titan Machinery reports record results for the third quarter of fiscal year 2023 and Farm Credit Canada forecasts tight machinery inventories well into 2024.
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Are We Headed Back to the 2014 Used Equipment Glut?

According to Iron Solutions’ Director of Data Services and Software Development Cameron Hurnard, things aren’t quite as grim as they were 8 years ago. However, some of the same issues that caused the 2014 used equipment glut need to be monitored now and in the future.
Many dealers remember how used equipment began to sit on lots in 2013-14, driven by rising commodity prices, low input costs and a notable increase in the supply of new equipment. This spelled trouble for the used market, with some equipment sitting for over a year before it moved.
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Supply Chain Lessons Learned from Down Under

How dealers helped farmers overcome supply chain issues

In the lead up to the Western Australian harvest, farm machinery dealerships pre-planned to try to overcome anticipated supply chain delays. Their efforts appear to have paid off in that farmer-customers reported a record 20-million-plus tonne harvest, reports Mal Gill at Farm Weekly.


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