As COVID-19 and trade issues continue unabated, the food, beverage, and supplement supply chains face unprecedented disruption. Manufacturers have ramped up production and are working around the clock to keep up with record demand for food and dietary supplements during the crisis. If even one of the many raw materials, ingredients, or packaging items supplied is of inferior quality or fraudulent, the consequences can be devastating. And that’s if manufactures can still source the things they need since the supply chain is still trying to recover from production shutdowns.
Business leaders must remain vigilant to avoid interruption of food, beverage, and dietary supplement production while protecting their brands from unnecessary risk. Food and supplement companies are particularly vulnerable to short and longer-term logistics issues because of the combination of spiking consumer demand and extraordinary supply chain disruptions.
Even as the demand for products remains high, with the pandemic threatening workers in production facilities, keeping up with demand will continue to be a challenge. Because the end of the pandemic is nowhere in sight, manufacturers, distributors, and retailers must all prepare for a new way of doing business.
Additionally, manufacturers and brand owners must recognize that temporary shifts in U.S. regulatory policy in response to the pandemic don’t mean enforcement actions have ceased.
Watch this recorded webinar with UNPA President Loren Israelsen and TraceGains CEO Gary Nowacki. They discuss best practices for maintaining reliable supply chains to keep plants operating effectively during these challenging times. Israelsen is President of the United Natural Products Alliance (UNPA), a trade association of dietary supplement companies committed to safety, science and quality. He has been deeply involved in the commercial and regulatory issues facing the global dietary supplement industry since 1980.
How COVID-19 threatens the supply chain.
How to prevent supply shortages by identifying alternative suppliers.
How to diversify your supplier ecosystem strategically with Market Hub.
How Market Hub’s mapping capabilities can show supplier locations to help avoid effected areas.
How to streamline supplier approval and onboarding.
How supply chain preparation can be a competitive advantage.