_______________________________________________________________________________________ Secop Group Holding
supply chain partners , as they benefit both parties in the long run . However , we have observed different situations and experiences within the delivery chain in China and Slovakia . In China , we enjoy enduring and friendly relationships with numerous local partners on a relatively personal level . These well-established partnerships have been particularly advantageous in recent years , as stability is more prevalent in China , with certain costs such as energy and steel . But since 2022 , factors such as rising costs , especially energy prices in the light of the Ukraine war , have led to more challenging situations with our European suppliers . Many suppliers raised their prices beyond our usual levels to cover their cost increases – putting more pressure on a competitive cost position for our products . Nonetheless , we have been actively seeking solutions to address these challenges together with our suppliers . This includes adopting multiple sourcing strategies to secure delivery stability , enhance competitiveness and mitigate the impact of price increases ,” he ends .
Through its focus on product leadership , flexible manufacturing and strategic partnerships , Secop is prepared to stay ahead of evolving industry needs . ■
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