Manufacturing Today Issue - 217 October 2023 | Page 165

___________________________________________________________________________________________________________ Paralloy
surpassing others on the continent by saving over two million tons of carbon per year . Paralloy ’ s responsibilities within that project encompass the provision of thousands of centrifugally cast tubes and static castings , meticulously fabricated into hundreds of coils ,” he enlightens .
Supply chain resilience
While Paralloy is indeed experiencing tremendous success and growth , as showcased by its participation in large-scale projects , Robert acknowledges that the company also faces its fair share of challenges . “ At the moment , our primary hurdle revolves around meeting the growing demand for our products . The disruptions in recent years have posed significant challenges , particularly in relation to labor market dynamics such as skills shortages and availability . Moreover , rising inflation and energy costs exert daunting pressure on the competitiveness of the UK market . Although our continued growth has helped us offset some of these impacts through economies of scale , we remain apprehensive about the long-term international competitiveness of the UK . Addressing this concern should be a priority for any incoming government in the near term ,” he says .
To tackle these ongoing issues , Paralloy adopts a proactive approach by fostering strong partnerships with suppliers . “ The significance of our relationships with suppliers cannot be overstated , especially considering the difficulties experienced by many companies in recent years due to the impact of the pandemic and disruptions to supply chains caused by the Russian invasion of Ukraine . Despite these challenges , we have managed to maintain our expansion efforts and collaborate closely with our supply chain to create more resilience . Our key partners have been invaluable in supporting our growth and expansion , working alongside us to achieve mutual benefits ,” he affirms .
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