Corsair’s Terry Lamb talks developing new suppliers, fresh opportunities and a strong order book.
Now that we’re at the half time mark in 2022, LicensingSource.net asks a selection of licensees if the year is panning out as they anticipated in terms of opportunities and challenges, and what is the one thing they would like to achieve by the time we reach the all-important Q4 period.
Today: Terry Lamb, licensing director, Corsair.
“This year is certainly going as expected, with regard to increasing raw material costs and the ongoing shipping issues. While these are likely to continue to throw up challenges for some time yet, thankfully we’d anticipated this and planned ahead. We have a lot more control and visibility than we had over the previous year or so.
We spent a good deal of time through 20/21, developing new suppliers both here in the UK and in mainland Europe – this has led to shorter lead times and less reliance on shipping from the Far East. I’m really pleased with how this is working out, in particular with our ability to supply directly into our EU customers. As a result of this, we have had a few new opportunities come our way.
We do still find one or two Brexit driven challenges thrown at us, but are now finding ways to alleviate these.
We’re fortunate in having some strong properties and strong retailers; the order book is looking very healthy, particularly Q3/4.
The one thing we want to achieve by Q4 is an empty warehouse with all deliveries being made in full and in good time! Overall we’re confident in how this year should end up.”
This feature originally appeared in the summer 2022 edition of Licensing Source Book. To read the full publication, click on this link.
Want to read more news like this? Simply sign up to our daily digest by clicking here. You can also follow @LicensingSource on Twitter and @licensing_source on Instagram.
