As a result of slower times in the economy we have lowered our prices and found ways to cut costs on overhead to become more efficient and pass savings on to our clients.
I wish I could say the same thing about our materials suppliers. We have seen little if any change in prices for many of our suppliers. In some cases costs are going up. How about those delivery and fuel price increases when gasoline costs were above $4.00? In many cases they have remained as well.
How are we adapting? We are shopping around all our major materials purchases, negotiating with suppliers, and purchasing from suppliers we wouldn’t have used before that have cheaper prices. In some cases that means even discount chains like the Home Depot. On a recent order of mortar for a flagstone patio they were 30-40% less than large landscape material supply chain in the area.