Security News

Euralarm highlights the supply chain issues faced by the fire and security industry

Since the coronavirus (COVID-19) pandemic introduced the world to the concept of ‘the new normal’, nothing is normal anymore. A simple incident can be disastrous for something as vital as the supply chain, as one has seen with the blockage of the Suez Canal. The essence of that chain is to give companies the certainty that raw materials and components are available, in order to produce the finished goods. The COVID-19 pandemic resulted in lockdowns, and a high demand because of digitisation together with economic recovery. This meant that this certainty is challenged.
When manufacturers are looking for alternative material and components they can face re-certification of their products, or new developed products cannot be released. As a result of this, existing products must stay longer available. The fire safety and security market is highly dependent on electronics and with that, the industry is affected by the supply chain crisis.
Supply chains formed by comple…