Last in a series
Currency has real impact on disposable glove prices. The currency exchange rate has been favorable to U.S. buyers in the single-use glove market the last few months, with a strong dollar trading at its highest rate in 20 years. If the dollar should stumble, glove prices are likely to feel upward pressure.
That is why it’s important to monitor international markets closely. If you hear the dollar is weakening, be prepared—and prepare your customers for what could lie ahead.
Fluctuations in glove prices are not by themselves a big deal. Markets are volatile even on a good day. But surprise changes can prove more troublesome, especially if you don’t have the inventory to weather what comes next.
That begins the perennial puzzle of inventory management: having enough product on hand to meet all your needs but not so much that you get stuck with gloves you can’t move.
No such thing as too much intel
Buying gloves with an eye on exchange rates is a wise strategy. In the short term, there might be opportunities to pay less for gloves. In the long term, anything goes—so if you see a deal, take it!
Enlist AMMEX to help set up your current and anticipated inventory to avoid glove shortages. Ask our glove experts about what causes the variations in the market and how we can help you set yourself up for greater success.
AMMEX is atypical of most companies that sell disposable gloves. For one thing, we have been doing it for over 35 years—it’s all we do. We are experts at both the products and the market.
The long-term curve is headed up
The market for disposable gloves is expected to continue growth that began in the 1980s, as health, hygiene, and safety continue to receive emphasis in the industrial world. We see continuous importance for several factors—fill rates, quality control, compliance, and service levels—and are committed to providing high levels of support for our clients in those areas.
Fill rates: Ever faced a situation where a customer needed a glove—and you couldn’t get the right size, or color, or mil thickness? AMMEX’s 98%-plus fill rates on our top products are driven by our broad network of manufacturers.
Quality control: We insist upon 100% in-person factory inspections of every order and shipment. Of course, quality is table stakes in the disposable glove industry—everybody must have a quality product. But we have always felt the need to take it a step further for our clients.
We take all these factors seriously
Compliance standards: Compliance is a fundamental aspect of ensuring user safety and product excellence. With AMMEX you can be confident that your gloves are ethically sourced and meet required compliance standards.
Customer service: Customer service means more at AMMEX. Our goal is to not only support the transactional part of the business, but to build long-term relationships with our clients.
All of those things make a major difference in establishing and fostering ongoing relationships. So does our commitment to help you grow your glove sales—and help you select the right glove for the job.
Be sure to check out our full Disposable Glove Market Update for Q1 of 2024.