The materials used in the products manufactured consist primarily of a variety
of plastic and synthetic films, paper, metal and metal foil, cloth, fiberglass,
inks, dyes, adhesives, pigments, natural and synthetic rubber, organic chemicals,
polymers, and solvents for consumable identification products in addition to
electronic components, molded parts and sub-assemblies for printing systems.
The Company operates a coating facility that manufactures bulk rolls of label
stock for internal and external customers. In addition, the Company purchases
finished products for resale.
The Company purchases raw materials, components and finished products from many
suppliers. Overall, the Company is not dependent upon any single supplier for
its most critical base materials or components; however, the Company has chosen
in certain situations to sole source, or limit the sources of materials, components,
or finished items for design or cost reasons. As a result, disruptions in supply
could have an impact on results for a period of time, but we believe any disruptions
would simply require qualification of new suppliers and the disruption would
be modest. In certain instances, the qualification process could be more costly
or take a longer period of time and in rare circumstances, such as a global
shortage of critical materials or components, the financial impact could be
significant. The Company currently operates 42 manufacturing or distribution
facilities globally.
Brady's Comment on Supply Chain
The materials used in the products manufactured consist primarily of a variety
of plastic and synthetic films, paper, metal and metal foil, cloth, fiberglass,
inks, dyes, adhesives, pigments, natural and synthetic rubber, organic chemicals,
polymers, and solvents for consumable identification products in addition to
electronic components, molded parts and sub-assemblies for printing systems.
The Company operates a coating facility that manufactures bulk rolls of label
stock for internal and external customers. In addition, the Company purchases
finished products for resale.
The Company purchases raw materials, components and finished products from many
suppliers. Overall, the Company is not dependent upon any single supplier for
its most critical base materials or components; however, the Company has chosen
in certain situations to sole source, or limit the sources of materials, components,
or finished items for design or cost reasons. As a result, disruptions in supply
could have an impact on results for a period of time, but we believe any disruptions
would simply require qualification of new suppliers and the disruption would
be modest. In certain instances, the qualification process could be more costly
or take a longer period of time and in rare circumstances, such as a global
shortage of critical materials or components, the financial impact could be
significant. The Company currently operates 42 manufacturing or distribution
facilities globally.
Sources:
Brady Corp's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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