Zebra Technologies CEO Anders Gustafson told CNBC’s Jim Kramer on Friday that although the company had reduced freight costs, the lack of components such as semiconductor chips still causes problems.
“Over the last two years we have seen some migration of some problems. Now it all started with what we were talking about freight, the price we incurred was declining. It was slightly better in the first quarter than in the fourth – our price per kilogram was falling , not to what it was before the pandemic, but it definitely went down, ”Gustafson said in an interview with Mad Money.
He added that the company predicts content at these levels by the end of the year.
However, there is a shortage of components, a shortage of semiconductors, and we are now spending much more money on providing long-lasting parts and on speeding them up to our facilities and then speeding up finished products to our customers, ”said the general. director.
And although the company has had to pay for more expensive delivery options as a result of delayed supply chains, it expects to see improvements later this year, according to Gustafson.
“Basically, we put everything on air transport, not in a container in the ocean [freight]which obviously would be much cheaper, but as we go through the year, we expect supplies to be better and we will be able to deliver more things to the ocean, ”he said.
Zebra shares rose 6.36% on Friday.
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