An extra reason to start drinking again (if you need one)
We are well and truly dry on the reconditioned IBC front; this is the soberest month we have ever seen when it comes to reconditioned IBCs. The wall of IBCs in the picture below are all brand new ones.
Why, you ask? I asked myself the same question, especially as I don’t even do Dry January! The movement of reconditioned IBCs is impacted by Christmas, as many UK manufacturers close for the festive period. In the past, closure happens over the Christmas week only. However, over the last two years, the Christmas holiday has steadily become longer, lots of companies are closed for two weeks now. Additionally, the 31st of December is the financial year-end for many. As stock take is a key activity of the accountancy process many businesses halt all incoming stock until January, making the counting process easier for them.
What’s more, it then takes at least another two weeks before IBCs are emptied by manufacturers to re-enter the reconditioned marketplace. This is even with everyone working at 100mph after the Christmas break. So, this all equates to potentially six weeks of no stock entering the reconditioning cycle. The result is we are again operating a waiting list and it’s longer than ever!
And for all of you on your last couple of Dry January days, it will be all over soon. Plus, I think the lower alcohol consumption is also a factor in my stock predicament, less drinking equals fewer IBCs used in manufacturing. So please start supping soon and help me get the reconditioned marketplace moving again!
Bottoms up for February.
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