President Biden invoked emergency powers under the Defense Production Act to try and boost production of baby formula, while ordering the use of government planes for imports to alleviate shortages.
America’s restaurants are in the same boat as the rest of the country, battling the soaring food and fuel costs that recently helped send U.S. inflation to a 40-year high.
Abbott Laboratories reached a pact with U.S. authorities that would allow it to begin making baby formula again at a troubled plant in Michigan, a move that could help ease a supply shortfall that has rattled many parents.
The consumer Goods Industry is highly competitive and supply chain complexities further add to the challenges. To make the situation better, consumer goods companies depend on effective demand planning. But how can they go about it?
Access to timely and accurate data can help Food & Beverage companies gain end-to-end real-time supply chain visibility, thus addressing complex challenges but also ensuring customer needs are met.
Much has been written about artificial intelligence (AI) software and robotics in the warehouse from a technology and functionality perspective. Far less has been written about the broad question of who “owns”this type of “smart fulfillment” in an organization.
Warehouse operators have been squeezed from all sides in the past two years as a result of surging demand, more complex fulfillment, space limitations and a shrinking workforce.
We know that this labor crunch is no joke, and surging e-commerce demands, the “Great Resignation”, and supply chain disruptions have not made it any easier on companies’ bottom line. It’s clear that companies can no longer rely on abundant labor to run warehouses or factories.
The latest supply-chain news, analysis, trends and tools for executives in the food and beverage industries. Learn how food and beverage companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
Wake up to live “Supply Chains in Crisis” updates and the latest Supply Chain News!
Subscribe to our Daily Newsletter
Timely, incisive articles delivered directly to your inbox.