The company will look to consolidate lines at a U.K. plant, partially close a Barcelona warehouse, and shift to a distribution model handled by importer partners in Nordic markets.
Manufacturing producer costs saw their highest spike since June of 2022 this last April, while the overall rate of inflation jumped substantially for the third straight month.
"Our friendship has never been closer, and in these uncertain times, friendships matter more than ever," Australian Prime Minister Anthony Albanese said.
While a fully zero-emission supply chain remains a long-term ambition, incremental and measurable progress made over time can deliver both environmental and business benefits.
As supply chain decisions move beyond the realm of operations to become matters of core strategy, governance becomes essential for competitiveness and profit sustainability.