August 4th, 2021 by admin
CET Group Incorporated is one of the imaging industry's largest producers of compatible products, and yet one you may not know.
With sales in more than 193 countries and regions supported by 7 in-country subsidiaries, 5 branch offices and over 60 authorized international distributors, CET is a highly global, industry-leading organization.
One of CET's goals is to augment customer results by offering quality product alternatives at more competitive prices. CET also provides customers with "How to" videos on YouTube that explain how to successfully and profitably rebuild machine sub-assemblies to keep valuable assets out of landfills and in circulation longer. CET is proud to help customers Re-use, Reduce & Save!
During the heart of the pandemic, CET invested significant time, money and effort relocating its toner manufacturing to a lower cost operating environment inside its new technology campus. In addition, the company had recently purchased the OPC drum manufacturing equipment from a previous OEM joint venture which also was relocated, along with key manufacturing personnel, to its technology campus. CET hired a number of highly experienced engineers and created a new materials R&D laboratory while upgrading various production equipment and converting its ERP system to SAP, a leading global software provider.
While the company is pleased with its progress and happy to move beyond 2020, 2021 has come with new challenges. Sales orders increased suddenly and challenged production capacity and supply during the first half of the year. At the same time, accelerating international freight costs, both sea and air, have reduced flexibility and in some cases delayed deliveries to North America and elsewhere. While CET continues to expand its capacity, air and sea freight issues have not improved. Costs for a 40’ foot container via ocean have increased fourfold from $5,000 to $20,000+ already this year. Carriers have been able to pass these elevated costs along and there doesn’t appear to be any effort to reduce them at this time.
On the bright side, CET has several exciting new products coming to market this fall (Watch for them!) and is adding inventory to support further sales growth. As we go forward, please know that "Your success is our priority" and CET will continue working and investing to help you succeed.