Experiencing supply chain disruptions? Check out a few suggestions to help mitigate the strain on your inventory.
PTN | Mitigating Supply Chain Disruptions
As you know, manufacturers and distributors across a number of industries are experiencing disruptions to their supply chains. Moving into summer, it's likely these shortages will continue or possibly increase. We’ve spoken with many of our suppliers, and they shared a few suggestions we hope will help alleviate or prevent a strain on your own inventory.
Stock up your inventory if and where possible. Consider what makes sense for your business and anticipated workload. Stock additional inventory in anticipation of your needs as well as expected increases in prices as demand rises.
Set clear expectations with your customers. Let them know this is a global and multi-industry issue, and there may be delays. Products simply may not be available within the timeline you or your customers have previously come to expect. Work with your FBC for tips on communicating this message.
Build up your relationship with your current suppliers. Your national and local reps will be the first to know about updates and changes to inventory and will be communicating those updates to their customers. PTN will continue to stay in contact with its suppliers, but you can too!
As always, please remember Jennifer is here as a resource for you, whether that’s providing an inventory update where possible or connecting you with our suppliers. Schedule a call here.
Fundbox | Save on Fees (US Only)
For a limited time, you can save $100* on your initial fees as a Neighborly® brands franchise owner. With a Fundbox Term Loan, you can take advantage of the next big business opportunity without worrying about cash flow. There’s no origination fee and funds transfer as soon as the next business day, so you can borrow funds with no hassle. Choose the repayment plan that’s best for your business, and if you’d like, repay early to save on fees. There’s no prepayment penalty. Apply Now
*A $100 coupon will be applied to your account if approved for Fundbox credit. Coupon expires on May 31, 2021 at 11:59pm. Any unused portion of your coupon after that date will be forfeited.
Broadly | Why Upgrade to Premium?
Broadly, the 2019 Vendor of the Year for all Neighborly® brands, provides tremendous value to franchise owners helping increase revenue, boost efficiency, and improve customer experiences. With Broadly Premium get additional features to help drive even more reviews and revenue to your business. Why Upgrade?
- Get More Reviews: Send review requests within 15 minutes of job completion to generate more Google, Facebook, and other reviews automatically from happy customers over text and email. We’ll send additional requests to ensure you get a response.
- Communicate with Text Messaging: Always be available for your customers and seamlessly communicate with them on their preferred platform — text and see a 30% higher response rate. You can even send photos of the completed service.
- Improve Team Communications: Centralize all your customer’s info, notes, and conversations to deepen the customer experience.
Connect with us to find out more: www.getbroadly.com/nbly.
What Franchise Owners Are Saying: “Broadly has allowed us to quickly follow up with customers that weren’t satisfied with the service and streamline our processes. The customer service and implementation have been top-notch!” — Sarah Boyce, a Neighborly® brands franchise owner
“They’ve been instrumental in showcasing my business and the quality of service we provide, resulting in our first-ever Top Gun performance.” – Brad Patel, a Neighborly brands franchise owner
“Broadly helps us capture leads online, solicit feedback from our customers in a streamlined manner, and most importantly, it gets us 12x as many online reviews. My company’s reputation as well as our repeat and referral business are crucial, which makes Broadly priceless." — Ryan Kenimer, Neighborly brands franchise owner
Lowe’s | 2% Rebate on ALL Purchases (US Only)
Nobody likes wasting money! Have you signed up for the Lowe's program through PTN? Let's make sure you aren't leaving any money on the table. Reach out to Sam or click here to schedule a call.
New Vendors
Valvoline (US Only): basic vehicle maintenance
Boston Vehicle Graphics (US Only): vehicle wraps
For questions about PTN vendors, reach out to Jennifer Dawson at jennifer.dawson@protradenet.com, 254-745-5047, or schedule a call here.
