Pak Suzuki Plant Shutdown Extended Due To Inventory Shortage

Web Desk — Continued shortage of inventory has led the Pak Suzuki Motor Company Limited (PSMC) to extend the shutdown of its automobile plant from February 20, 2023, to February 21, 2023, the company filing on PSX has shown.

However, the motorcycle plant will remain in operation during this period.

The company announced this decision in a letter sent to the company stakeholders, indicating the ongoing challenges of managing inventory levels. The extension of the shutdown, as the company hopes, will help better align its supply and demand requirements.

The company has provided no further details regarding the extent of the inventory shortage or the steps being taken to address the situation.

The automobile plant shutdown is expected to have a significant impact on the company’s production and delivery schedules, potentially causing delays in meeting customer demand.

It is said that the ongoing situation underscores the need for companies to have robust contingency plans in place to mitigate the impact of such disruptions on their operations and stakeholders.