Tag Archives: chain

Supply chain backlogs and inflationary pressures have taken a toll on consumer-facing brands throughout 2021, but one specialty chocolate company has defied the trend.  Jeff Stoeckel, the CEO of Connecticut-based Bridgewater Chocolate, told Yahoo Finance the company is able to avoid the disruption thanks to its niche focus, loyal customers and planning in advance.  Supply chain strains spurred the creation, orders and delivery process to be in a “condensed timeline,” he added. “We started… Source link

As the supply chain crisis threatens to disrupt the holiday shopping season, more people are turning to an unlikely source — used clothing — to fill the gap. November is known traditionally as one of the best months to find deals. This year, however, many hot products are in short supply, or are more expensive than usual because of supply chain bottlenecks. And while discount sales started sooner this year, the secondhand clothing market is increasingly popular. “We’ve seen an explosion… Source link

Reports Globe has released a new research study on the Global Search Engine Market 2021 by manufacturer, region, type and application, planned for 2026, which promises a comprehensive review of the market, clarifying past experiences and trends. Based on these past experiences, it offers prediction of the future by taking into account other factors that affect the growth rate. The report covers the crucial parts of the global Search Engine market and such factors as driving forces, current… Source link

Better grab those Oreos while you still can, and while they’re still relatively cheap. With global supply chains ensnared by bottlenecks, Mondelez International (MDLZ) expects next year to be nearly as bad as the current one. The snack giant’s CFO addressed the labor and truck shortages mentioned in Mondelez’s third-quarter earnings results — and came around to a dispiriting conclusion.  Although some economists had predicted shipping bottleneck relief could arrive by year’s end, “quite… Source link

Supply chain issues may be keeping many Americans up — literally — due to backlogs experienced by the world’s largest bedding provider. “We’re seeing it a little bit in trucking, obviously the shipping, a little bit in the component issues, primarily chemicals, … it’s getting better, but it continues to be a challenge,” Scott Thompson, chairman, president, and CEO of Tempur Sealy, told Yahoo Finance Live (video above). “And we think we’ll be working through supply issues probably here… Source link

Walmart (WMT) is holding a supply-chain national hiring event later this week. The average wage for the retail giant’s supply chain associates is $20.37 per hour. The hiring event will take place on Wednesday and Thursday, November 3-4, in numerous states and locations. Job openings include equipment operators, repair technicians, freight handlers and order filler/lift drivers just to name a few. A worker is seen wearing a mask while organizing merchandise at a Walmart store, in North… Source link

Apple (AAPL) is no longer the most valuable publicly traded company in the world. After a disappointing earnings report marred by the impact of the global chip shortage, Apple’s stock fell more than 2% Friday, putting it $10 billion behind the new top dog, longtime nemesis Microsoft (MSFT). Yes, Microsoft is still a massive player in the PC space. And that sector has been hurt by the shortage. But investors see the company more as a cloud play. And that segment has been growing at a rapid… Source link

Can’t find what you need at the store again? You’re not alone. Shoppers pushing their carts around the supermarket may notice thin shelves while reaching for their favorite products, as the increasingly hits home for consumers already stung by higher prices on virtually everything. Bare store shelves were common at the start of the pandemic, driven largely by panic-buying. But almost two years in, some spaces are empty again — but for slightly different reasons. As the holiday season… Source link

Don’t expect the semiconductor shortage to be solved anytime soon. “The semiconductor situation is going to take a long time to fix,” Secretary of Commerce Gina Raimondo said at the Milken Institute Global Conference this week. “This is one I feel confident saying it’s not going to be fixed in a month or two, or six, or 12 months.” Raimondo has been at the center of the government’s efforts to help semiconductor companies work through their bottlenecks, hosting multiple gatherings… Source link

A shipping expert believes that the supply chain crisis may last well into 2023 given how global trade has been reshuffled to meet surging American demand.  “We expect… strained supply chains to last until the early parts of 2023,” Peter Sand, chief shipping analyst at Copenhagen-based BIMCO, a shipping trade group, told Yahoo Finance Live (video above). “We are basically seeing a global all-but-breakdown of the supply chains from from end-to-end.” In Sand’s view, the “spectacular recovery”… Source link