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Synopsis
Executives at large FMCG companies said they have stepped up supply chain agility. They are moving to a more decentralised and localised approach to minimise disruption on supply of key raw materials, and are ensuring adequate buffer stocks to prevent any unforeseen stock outages.
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Once bitten, twice hyper-prepared. Consumer goods companies said they have put their teams on hyperalert to ensure unhindered functioning of supply chains, distribution of goods and manufacturing – all to mitigate unexpected and sudden disruptions as states opt for localised shutdowns and curfews amid a second covid wave.
“We have put our teams on hyperalert; we are ensuring that inventory stocks are as close to demand centres as possible, supply cycles are quicker and in higher quantities,” said packaged water company Bisleri International chief executive Angelo George.