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The company has faced sourcing constraints as a result of the war in Ukraine, causing the company to rely on second sourcing capabilities for its mustard procurement. However, McCormick executives have said the company will raise prices during the second quarter, amid cost pressures from rising inflation and supplychain issues.
Welcome to Elementum’s SupplyChain Market Report. This monthly newsletter observes one or two important macro trends through the lens of SupplyChain Management. We review how those trends are likely to impact SupplyChain and what leaders can do to adjust. How could Stagflation impact SupplyChain?
Ok, enough about concrete; let’s move on to this week’s supplychain and logistics news… Majority of small fleets yet to comply with ELD mandate (CCJ). Elemica Delivers Predictive Visibility to Global Industrial SupplyChains. Data from transportation procurement events mirror these results. Bloomberg).
My wife often jokes that she is the VP of SupplyChain and Logistics in our family. Whether it’s preventing out-of-stocks of critical household items or making sure the kids are delivered on time in full to wherever they need to be, she keeps our supplychain running as efficiently as possible — while doing her day job too!
It was intriguing to read last month that The Kroger Company, the nation’s largest supermarket chain, with nearly $138 Billion in revenues, has launched a foodservice distribution business. Kroger Restaurant Supply opened for business on April 5 in the Dallas-FortWorth area. The Launch of Kroger Restaurant Supply.
Moving on, here’s the supplychain and logistics news that caught my attention this week: Trucking Stocks Tumble on Downgrade, Pricing Outlook (WSJ- sub. MercuryGate Launches Global, Omni-modal Freight Procurement Solution. New Study: 70% of Executives have started Digital SupplyChain Transformation.
How effective Biden’s invocation of the DPA—which followed the administration’s February release of a memo updating its efforts to revitalize domestic manufacturing and supplychains for a broad array of vital materials and products—is an open question. Take rare earth elements (REEs), for example.
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