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Some of the world’s largest bicycle manufacturers are considering upgrading their chain for the delay in supplying parts, which several manufacturers say is too long for many years to come.
The global shortage of bicycles, since last year, has been exacerbated by the power crisis that has shown reliance on a single manufacturer of equipment, Shimano of Japan, which controls about 65% of the market for high-speed gears and brakes.
“It’s forced us to take a little look around and get out of our comfort zone to look for different vendors,” said Eric Bjorling, executive director at Trek of the US, one of the world’s largest bicycle manufacturers.
European and US manufacturers say the lead time from delivery to delivery has reached 400 days for several Shimano products, underscoring the difficulties of companies trying to cope with the growing number of bicycles caused by the epidemic.
Some retailers also claim that it lasts longer on other items such as stone brakes or wheels.
The sell-off has also affected other major bicycle manufacturers such as Taiwan’s Giant and Merida.
Shimano from Osaka, which manufactures fishing equipment and equipment, as well as bicycle parts, has been battling the demands of a pandemic that is forcing millions around the world to ride bicycles.
The deficit is expected to continue, even though the Shimano seeds are fully functional.
These problems are particularly acute for small-scale manufacturers, while over a long period of time it has become a challenge for new entrants to the new market.
Trek said it was ‘time to get out of our comfort zone’ © Sandy Huffaker / Bloomberg
The inaugural LeMond launch, which was set by three-time winner of the Tour de France Greg LeMond, was delayed by four months due to delays in delivery, plus Shimano cut donations by 80% in the first half of the year.
“We were told that the summer would be December, then January. In March, we have everything but these two things. Unfortunately, if I don’t have all of them then I can’t make a bike, ”said Dean Hendrickson, senior. “This led to a financial crisis in the first place.”
Antonio Dus, chief executive of Cicli Pinarello, an Italian manufacturer of luxury bicycles, said the big question in companies like his was whether the demand could last longer.
Some manufacturers worry that exchanging cash in the near future will cause problems.
Davide Campagnolo, whose namesake company has expanded its production capacity in Europe to meet the energy needs that Shimano is struggling to provide, warned: “This ambition will not last forever.”
It predicts that it will fall in the summer of 2023 when the home sport returns and the market expands the big bikes.
For Shimano, despite rising costs from bicycle equipment, the crisis is clearly showing, says Morten Paulsen, a Japanese laboratory specialist at CLSA in Tokyo.
The company has delayed the launch of a number of products to meet its 100th birthday this year. Mr Paulsen said this was probably because the engineers had to be diverted to complete the task.
Dus at Cicli Pinarello has warned that Shimano should improve his game, even though he thinks the leadership of the company being sold is safe because of its members and barriers to entry.
“The secret of the future is for Shimano to connect with dynamic and lean production, to be aware of what is happening in advance to prepare for the necessary changes,” he said.
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