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Inventories pile up as customers buy less

Strategic Sourceror

During the pandemic, when buying activity was frenzied and personal savings were substantial, the modus operandi for retailers was pretty straightforward: If you have it in stock, customers will purchase it — whether in store or online. Although the pullback has been slow, it's starting to be borne out in the data.

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3 reasons why supply remains tight for food retailers

Strategic Sourceror

Growth in consumer demand Depending on the season, certain items tend to be purchased at a higher rate, such as cabbage and corned beef in mid-March and Bell's seasoning and pumpkin filling in late November. That's up from 42% when a similar survey was conducted in 2021. Brought to you by the StrategicSourceror.

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Inflation is giving retailers inventory headaches

Strategic Sourceror

Add supply chain delays and seasonal purchasing habits into the mix, and retailers have been left with a double hit of unwanted inventory and limited consumer demand. "In other words, the inventory in stock isn't what consumers are trying to buy." " Brought to you by the StrategicSourceror.

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More truck deliveries expected in 2023

Strategic Sourceror

From drive shafts and semiconductors to a number of other essential parts, the component crunch that's played out over the past several years has exacerbated motor carriers' inability to keep up with the pace of consumer demand. Brought to you by the StrategicSourceror.

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3 ways inflation is impacting global supply chains

Strategic Sourceror

Department of Labor, the Consumer Price Index in November 2022 had increased 7.1% Resurgent consumer demand, business closures, transportation disruptions and port congestion have all conspired to put pressure on suppliers and raise the cost of doing business. According to the U.S. over the previous 12 months.

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Supply chain, labor issues forcing candy makers to problem solve

Strategic Sourceror

But as with a number of other industries, the candy sector is in the midst of labor shortage, unable to produce as much product as they have in the past and at the pace of consumer demand. They're also snatching up ingredients more quickly than they in the past to shore up their inventory and avoid delays.

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Retailers' supply chains are in better shape for the holidays

Strategic Sourceror

Walmart and Target, for example, are both awash in inventory, having overestimated the level of consumer demand they expected to persist throughout 2022. These include improving the shopper experience, the return process and online purchasing channels. Brought to you by the StrategicSourceror.