We would like to further update all our customers on the supply constraints surrounding the arrival date of the new Anthem MRX and AVM series (MRX and AVM70 and AVM90) as we now have more information direct from the manufacturer via a statement from John Soden, Vice President – International Sales, Paradigm Electronics. Unfortunately, the main news is that there will be further delays experienced in both of these lines, and we don’t have firm dates for when new stock will arrive.
The full statement can be read below.
To our valued Distributors,
As we pass the one-year mark, since COVID-19 began, I know each and every one of you have been impacted by this pandemic in one form or another. There is no denying, the world has changed substantially in a very short period of time. Some outcomes were anticipated, others were not. One significant trend we have seen, that is consistent across the globe, is that people now spend far more time at home. And because of this, their buying experiences have shifted from things like vacations, restaurants, and shows, to buying ‘stuff’ including a lot of electronics from every industry.
This has resulted in an extraordinary strain on the global supply chain, in particular the availability of speciality electronic components, which are used across multiple industries, and have become severely restricted. Even today, we still have not received our complete orders for many of these parts, despite having secured delivery for Fall in the Spring of 2020. This led to a series of cascading delays resulting from our having to source from North American and European suppliers.
Inconsistent supply has forced us to cut back or push out production in several areas, with the most recent being MRX / AVM. The short supply of critical components and reduced production availability was further compounded by shipping and port delays. When combined, the when and how many, became very unpredictable and unfortunately, we expect this to continue for the foreseeable future. Production will continue behind schedule due to these ongoing supply chain issues. Supply versus demand will continue to be upside down for several months to come.
As many of you are already aware, very few MRX and AVM models were produced in the initial production runs. And what was produced, was consumed immediately. I can assure you that our procurement team is doing everything they can to source these impossible to find components, in an effort to close the gap on future production runs. With that said, our visibility remain limited, and I do not currently have any news of the next production run, or which models we will be able to produce. I can only promise to update you as soon as there are further developments.
This brings me to more bad news. Hardware development on the AVM 90 A/V Processor has lagged behind other models with hardware only becoming available in the Fall, with existing AVM 90s acting as software development mules for certain AVM 90-specific subsystems. The late development coupled with the supply squeeze on critical components has left us with insufficient inventory to provide any meaningful quantity of AVM 90s on the current platform. For that reason, we have made the difficult decision to delay the AVM 90. Until we have the results of the latest hardware revision, the status of the AVM 90 is unfortunately, TBD. I know this will be disappointing for many of you. No one is more disappointed than we are, but it is in the best interest of our customers and our brand to delay this launch and communicate that message to you right away.
As always, thank you for your past, future and present support.
If you have any questions, about the statement or status of these products, please do give us a call