Buyer's Brief – Dark Clouds On The Horizon?
Published on Dec 14 2020 1:59 PM in Supply Chain tagged: Trending Posts / Buyers Brief / Paywall / Cost Insights / Nick Peksa / La Nina
After an unprecedented 2020, surely next year is going to see a return to relative normality? Not necessarily, says Nick Peksa of Cost Insights. This article first appeared in ESM Issue 6 2020.
Large areas of Europe are currently experiencing their second period of national lockdown, whilst the day to day lives of most individuals has been disrupted. Despite this, food scarcity has – thankfully – not been an issue during 2020.
However, there are a number of dark clouds gathering on the horizon that may start to affect the supply of staple food products in 2021. Supply disruption may be exacerbated by a number of national governments stockpiling raw materials, while in other regions of the world, the production of crops may be limited by inclement weather conditions.
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