{"id":205,"date":"2024-04-18T20:38:02","date_gmt":"2024-04-18T20:38:02","guid":{"rendered":"https:\/\/designyourtap.com\/blog\/?p=205"},"modified":"2024-04-18T20:38:04","modified_gmt":"2024-04-18T20:38:04","slug":"tap-handle-inflation-too-high-were-working-to-keep-prices-low","status":"publish","type":"post","link":"https:\/\/designyourtap.com\/blog\/2024\/04\/18\/tap-handle-inflation-too-high-were-working-to-keep-prices-low\/","title":{"rendered":"Tap Handle Inflation Too High? We\u2019re Working To Keep Prices Low"},"content":{"rendered":"\n<p>Many breweries and beverage companies have seen their tap handle prices increase significantly over the last couple years <a href=\"https:\/\/hbr.org\/2021\/09\/6-strategies-to-help-your-company-weather-inflation\">due to inflation<\/a>. We\u2019ve heard of instances where some companies are charging twice the price for the same tap handle. For most companies it isn\u2019t realistic to afford for many companies. While our pricing has increased, we\u2019ve been able to minimize increases as  much as possible.<\/p>\n\n\n\n<p><strong>In-sourced manufacturing<\/strong><\/p>\n\n\n\n<p>While many tap handle manufacturers have their tap handles produced overseas, our tap handles are made right here in America. This means that we\u2019ve been able to avoid cost increases due to <a href=\"https:\/\/hts.usitc.gov\/search?query=8481.90.5000\">overseas shipments and tariffs<\/a>. Additionally we\u2019ve invested in equipment to be able to produce most parts at our manufacturing facility. This eliminates extra margin and reduces production times.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"406\" src=\"https:\/\/designyourtap.com\/blog\/wp-content\/uploads\/2024\/04\/building-1024x406.jpg\" alt=\"\" class=\"wp-image-206\" srcset=\"https:\/\/designyourtap.com\/blog\/wp-content\/uploads\/2024\/04\/building-1024x406.jpg 1024w, https:\/\/designyourtap.com\/blog\/wp-content\/uploads\/2024\/04\/building-300x119.jpg 300w, https:\/\/designyourtap.com\/blog\/wp-content\/uploads\/2024\/04\/building-768x304.jpg 768w, https:\/\/designyourtap.com\/blog\/wp-content\/uploads\/2024\/04\/building-1536x609.jpg 1536w, https:\/\/designyourtap.com\/blog\/wp-content\/uploads\/2024\/04\/building.jpg 2016w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Improved efficiencies\u00a0<\/strong><\/p>\n\n\n\n<p>Since we moved into our new expanded production facility in 2022 we\u2019ve been able to increase material and labor efficiency. Though using additional material drop through sorting we\u2019re able to increase <a href=\"https:\/\/www.plataine.com\/glossary\/material-utilization\/\">material utilization<\/a> which has helped us reduce pricing increases. Adding additional workstations has reduced the amount of changeover time. Utilizing an automatic paint line for large volume parts has allowed us to further reduce labor.<\/p>\n\n\n\n<p><strong>Optimized suppliers<\/strong><\/p>\n\n\n\n<p>Through the supply chain crisis we switched several of our supplies to keep up with demand and avoid excess material price increases. Making additional bulk orders has allowed us to maintain stock and receive additional discounts that we\u2019re able to pass on to you.<\/p>\n\n\n\n<p>If you\u2019ve experienced excessive cost increases from your tap handle supplier or are looking to get started on custom beer tap handles or beverage tap handles you can <a href=\"https:\/\/designyourtap.com\/content\/6-custom-shape-tap-handles\">submit a quote request here<\/a>. We\u2019ll get back to you within a few days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many breweries and beverage companies have seen their tap handle prices increase significantly over the last couple years due to inflation. We\u2019ve heard of instances where some companies are charging twice the price for the same tap handle. For most &hellip; <a href=\"https:\/\/designyourtap.com\/blog\/2024\/04\/18\/tap-handle-inflation-too-high-were-working-to-keep-prices-low\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/designyourtap.com\/blog\/wp-json\/wp\/v2\/posts\/205"}],"collection":[{"href":"https:\/\/designyourtap.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/designyourtap.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/designyourtap.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/designyourtap.com\/blog\/wp-json\/wp\/v2\/comments?post=205"}],"version-history":[{"count":1,"href":"https:\/\/designyourtap.com\/blog\/wp-json\/wp\/v2\/posts\/205\/revisions"}],"predecessor-version":[{"id":207,"href":"https:\/\/designyourtap.com\/blog\/wp-json\/wp\/v2\/posts\/205\/revisions\/207"}],"wp:attachment":[{"href":"https:\/\/designyourtap.com\/blog\/wp-json\/wp\/v2\/media?parent=205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/designyourtap.com\/blog\/wp-json\/wp\/v2\/categories?post=205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/designyourtap.com\/blog\/wp-json\/wp\/v2\/tags?post=205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}