Carl F Groupco holding £5million in stock

Carl F Groupco says it is continuing to hold enhanced stock levels to support its growing customer base.

Managing director, John Crittenden, said: “Despite market conditions, we are continuing to hold strong stock levels at £5 million to support the market and remain a reliable partner to our customers during these turbulent times. Our investment in stock inventory at our Peterborough and Cumbernauld distribution centres allows us to offer short lead times and a high level of customer service.”

Carl F Groupco increased its stock levels from £3.5 million to £5.5 million during the pandemic surge and recently made the decision to continue to hold elevated levels.

John commented: “There is no doubt supply chain turbulence has settled down since the worst days of the pandemic. However, the world is now facing a whole new set of challenges and economic pressures so we felt it was only right to use our scale to hold higher stock levels and protect our customers.”

John adds that the decision to maintain higher levels of inventory reflects Carl F Groupco’s proactive approach to its customers, including a value-added consultancy service – testing and working with its customers’ fabrication teams and manufacturer partners to scope new hardware solutions and ensure smooth transitions to new ranges – and the recently launched My CFG, digital platform.

John said: “My CFG is an easy-to-navigate platform which works across desktop and mobile devices and features several key functions including online ordering, quotation requests and live account facilities. This brings huge benefits to our customers as it gives them 24/7 access to all business functions helping them to be more productive and efficient.”