Now that companies have learned from the supply chain impacts of COVID-19, they have started to think about a shift in strategies to ensure that their businesses are prepared if a second wave hits.
Now that companies have learned from the supply chain impacts of COVID-19, they have started to think about a shift in strategies to ensure that their businesses are prepared if a second wave hits, especially come the colder fall months after peak flu season.Canned goods fill the aisle in a supermarket in Miami's Little Havana, May 15, 2018.at all levels of the market saw various forms of disruption due to the first wave.
Clouse commented on the call that they"feel secure about our ingredient levels, and that while yes we have some elevated levels of inventory on ingredients where we perceive there could be some risk, I can't point to any specific impact to our business as it relates to us not having what we need." The first, he noted, is quick scratch cooking, which involves simple ingredients that can be easily assembled to make a great-tasting meal.
"We believe the platforms and the convenience they provide will result in continued usage going forward," Hushen explained. With the current increase in demand, McIntyre said that a second wave is"at the bottom of our seasonality," and in the meantime,"we feel really good about the next 90 days." As a precautionary measure in advance of a potential second wave of coronavirus, Ens said they are"making sure we have alternative sources of ingredients in the event our partners are faced with shortages or supply issues."
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