Ongoing Inflation Causes Price Increases Across The Security Industry
With the rise of inflation, the security industry continues to face disruptions in the supply chain and increased transportation costs along with challenges in sourcing raw materials. To keep up with the need for ongoing products that keep customers up and running for security identification, multiple manufacturers have implemented incremental price increases over the past year.
However new price increases have been announced with sweeping changes across multiple brands for secure ID issuance affecting equipment, consumables, and related supplies. If you’re able to forecast inventory needs for the upcoming year, you can save by stocking up on supplies and equipment you expect to use at existing price levels. We encourage customers to take advantage of the existing price structure as all current quotes expire Friday, March 25, 2022.
Here is a preview of price increases that are expected for March 28, 2022:
- ID Card Printers = 10-19% increase
- Ribbons & Film for Card Printing = 11-15% increase
- Hologram and Clear Overlaminates = 25% increase
- Legacy Ribbons & Film = 25% increase
- Composite, PVC & RFID Cards = 15% increase
- Kits & Misc Parts = 15-20% increase
- ID Software=10%
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Below are a few scenarios in which we urge organizations to take advantage of the current pricing structure:
- Does your organization need to maintain an in-house inventory of ID consumables for ID issuance to keep your operation running? Increase your quantities now to save money at the current pricing.
- Do you consistently print ID badges throughout the year? Are you able to predict some or most of your future usage? If you can forecast your supplies, we encourage you to stock up now before the incoming price jump.
- Have you recently been exploring options for ID card printer upgrades? If you’re considering another unit, purchasing now could make your upgrade significantly more affordable than waiting till after the price increase.
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To take advantage of current pricing, contact our team with the items and quantities you would like to purchase.
ADVANTIDGE will do our best to ship out any items requested at the current pricing by Friday 3/25/2022 as this notice affects products from multiple manufacturers including HID Global, FARGO, Evolis, Magicard, Nisca, Matica, Brady People ID, Identiv, IDP & Datacard.
**** Any orders that are confirmed by the date above and billed in full will receive the current pricing even if it does not ship out until a future date ****
