Supplier delays ticking up
U.S. manufacturing expanded in March but supplier delivery performance worsened to its slowest since 2022 — input prices are rising and lead times are lengthening, creating knock‑on delays for imported hotel goods and project materials. That combination increases procurement risk for multi‑property renovation schedules and seasonal F&B sourcing. (reuters.com)
The ISM Supplier Deliveries Index climbed to 58.9 in March, its highest reading since May 2022, indicating materially longer vendor lead times. (ismworld.org) ISM’s Prices Paid Index hit 78.3 in March, the steepest jump in input-costs since June 2022, with notable increases in steel, aluminum and petroleum‑based products. (morningstar.com) Commercial carriers have curtailed normal transits through the Strait of Hormuz and the Red Sea, prompting widespread route suspensions and risk‑based capacity constraints for Middle East‑exposed sailings. (cnbc.com) Rerouting vessels around the Cape of Good Hope has added roughly 10–14 days to affected voyages, directly lengthening door‑to‑door lead times and lifting voyage fuel and war‑risk premiums. (msn.com) Logistics providers report rising yard utilisation and prolonged vessel waiting times at Central American and Caribbean gateways, complicating timely retrieval of inbound containers and slowing inland drayage. (mykn.kuehne-nagel.com) FF&E procurement guidance notes that a single 200‑room property can involve 15,000+ line items with varied lead times, and procurement playbooks recommend diversifying suppliers and increasing domestic sourcing to shorten schedules. (global-cache.com) With ISM‑reported input costs surging, landed prices for imported fixtures and building materials are rising at the same time carriers face capacity pressure, increasing total landed cost for renovation and fit‑out programs. (msn.com) Large hospitality groups combine centralized contracting with regional distribution hubs—Marriott Distribution Services and Hilton Supply Management are examples—to lock pricing, manage PIPs and blend global contracts with local sourcing; industry advice also stresses multi‑carrier routing and contract freight to secure capacity. (kai-db.com) Predictive port‑congestion analytics and digital freight platforms are being recommended to protect multi‑property renovation milestones, while the Caribbean cold‑chain market faces a roughly $350 million infrastructure gap that raises spoilage risk and the premium for expedited or air freight of seasonal F&B imports. (portcast.io)
