Global supply chain issues disrupt supermarket inventory
Delays in the GLOBAL SUPPLY CHAIN have caused supermarket inventory shortages and price spikes, the head of an industry group said.
“There is a lack of products on the shelves that are imported. Sometimes, saka lang nagkakaroon (products are back in stock), ”Philippine Amalgamated Supermarkets Association (Pagasa) President Steven T. Cua said in a telephone interview Monday.
Deliveries come in spurts, he said. The products, when they are available again in Filipino supermarkets, are priced slightly higher, he added, noting that he suspects that some locally produced products may also have increased prices due to issues. importation of raw materials.
Various industries around the world are reporting supply chain constraints and shortages as economies recover from the pandemic. Local exporters have said logistics issues such as vessel space and container shortages are causing freight rate increases and shipping delays, and some industries report struggling with higher import costs. high.
Mr Cua said supermarkets have different percentages of imported goods in their stocks, with stores catering to wealthier markets selling more high-quality imported items.
Some imported items, however, are sold in most stores.
Mr Cua said canned meat exports from the United States are now offered in fewer varieties, with importers bringing only the flavors that are most in demand.
Hormel Foods Corp., which produces spam, has noted supply chain and production issues since last year as demand for its products increased. – Jenina P. Ibañez