This is your weekly supply chain bulletin from B2BE for the week starting 19th December 2022.
Each week, we bring you a rundown of the latest trends in the news from across the supply chain industry. We cover the issues most important to you, bringing you useful links to the full articles. This ranges from news on various supply chain disruptions to strategies to lessen the damage. We also include other relevant supply chain related updates. If you missed it, you can read last week’s edition here. Read on to see what’s making the news this week.
Lack of ‘fairness’ in supply chains explains UK egg farmer
Farmers in the UK are struggling with the cost of living due to large organisations, like supermarkets refusing to increase the price of products due to customers not wanting to pay more. Product shortages and the soaring cost of fuel, fertiliser and feed are among the challenges UK farmers are currently facing. The NFU is warning of a UK food supply crisis due to a slump in crops this year and has urged the government to step in and help farmers.
Chinese supply chains continue to suffer from Covid outbreaks
Covid-19 continues to sweep across China causing disruption to business as staff shortages threaten to close down factory production lines and truck drivers fall ill. China have continued to impose tough Covid restrictions for the majority of the year, only recently stopping due to the population’s demand to ease them. However, staff are continuing to call in sick as more than half of Beijing’s 22mn population are being infected.
Organisations are worrying less about ESG efforts in cost of living crisis
A recent survey by KPMG found half of CEOs are considering pausing or revisiting their ESG efforts in the current economic climate, and 34% already have. But operating an efficient business should go together with operating a sustainable one.
Small businesses are vital to supply chain resilience
Global disruptions caused by the pandemic, extreme weather and the Russian invasion of Ukraine caused supply chains to struggle over the year. Whilst there have been signs of improvement, it’s expected that there will continue to be disrupted supply chains for a long time. The importance of small and midsize businesses in supply chains goes far beyond a few key products or industries, the business size represents a huge size of the market and therefore represent a large opportunity to improve supply chain resilience and competitiveness.
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Thank you for reading our weekly supply chain bulletin where we summarise the latest news! Is your organisation facing disruptions to your supply chain? If so, what strategies are you currently using to protect your transactions?
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