COVID-19 has prompted panic-buying. The behaviour has led to a deep analysis of global food supply chains in a bid to reduce food waste & protect the vulnerable. The virus poses several threats to the food supply, namely border closures, panic buying, labour shortage & price increases.
Adapting the supply chain
During extreme events such as this pandemic, strategic reserves are vital to guarantee availability of food & maintain price stability, protecting the vulnerable, & ensuring market stability.
Farrelly & Mitchell continue to monitor the response to the virus and impact on supply chains.
Solutions for retailers include end-to-end supply chain visibility for effective planning for demand spikes, while transparency is key for governments in reassuring the public.
Author
COVID-19 has prompted panic-buying. The behaviour has led to a deep analysis of global food supply chains in a bid to reduce food waste & protect the vulnerable. The virus poses several threats to the food supply, namely border closures, panic buying, labour shortage & price increases.
Adapting the supply chain
During extreme events such as this pandemic, strategic reserves are vital to guarantee availability of food & maintain price stability, protecting the vulnerable, & ensuring market stability.
Farrelly & Mitchell continue to monitor the response to the virus and impact on supply chains.
Solutions for retailers include end-to-end supply chain visibility for effective planning for demand spikes, while transparency is key for governments in reassuring the public.
Author
Private: Farrelly & Mitchell's featured publications
Farrelly & Mitchell advises Al Wazeen on sale to Ornua (Irish Dairy Board)
Farrelly & Mitchell advises Al Wazeen on sale to Ornua (Irish Dairy Board)
Government & multilaterals
TAG food management targets profitable growth in local food & beverage
Farrelly & Mitchell advises Al Wazeen on sale to Ornua (Irish Dairy Board)
Farrelly & Mitchell advises Al Wazeen on sale to Ornua (Irish Dairy Board)
Government & multilaterals
TAG food management targets profitable growth in local food & beverage
Farrelly & Mitchell advises Al Wazeen on sale to Ornua (Irish Dairy Board)
Farrelly & Mitchell advises Al Wazeen on sale to Ornua (Irish Dairy Board)
Government & multilaterals