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Veris Residential Inc   (NYSE: VRE)
 

Veris Residential Inc's Suppliers Performance

VRE's Supply Chain




 
VRE Costs vs Sales of Suppliers Growth Veris Residential Inc recorded an increase in cost of sales by 2.6 % year on year, sequentially cost of sales grew by 44.14 % in Q1.

More on VRE Suppliers



Veris Residential Inc recorded increase in cost of sales by 2.6 % year on year, sequentially cost of sales grew by 44.14 % in Q1.

More on VRE Suppliers




Veris Residential Inc's Comment on Supply Chain


The company does not depend on any single supplier or vendor for the majority of its raw materials and skilled labor for construction projects. It may encounter challenges in obtaining materials or skilled labor due to economic or political changes or a tightening labor market. This could necessitate purchasing supplies in larger quantities or in advance, leading to earlier capital expenditure. The company may also need to engage new third-party suppliers or contractors, with uncertainty regarding their ability to meet requirements. Reliance on unfamiliar or smaller supply partners could increase costs and delay project completion. The company may face disadvantages compared to entities with more favorable supplier relationships or better access to materials and labor.

Veris Residential Inc's Comment on Supply Chain


The company does not depend on any single supplier or vendor for the majority of its raw materials and skilled labor for construction projects. It may encounter challenges in obtaining materials or skilled labor due to economic or political changes or a tightening labor market. This could necessitate purchasing supplies in larger quantities or in advance, leading to earlier capital expenditure. The company may also need to engage new third-party suppliers or contractors, with uncertainty regarding their ability to meet requirements. Reliance on unfamiliar or smaller supply partners could increase costs and delay project completion. The company may face disadvantages compared to entities with more favorable supplier relationships or better access to materials and labor.







VRE's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Veris Residential Inc 1,939.56 290.78 77.07 181
SUBTOTAL 0.00 0.00 0.00 -


Sources: Veris Residential Inc '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.
Updated on:
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