The practice of “just-in-time” logistics has been around for well over 60 years. However, recent events, including the pandemic and severe weather across the globe, have led many supply chain leaders to reexamine their view on just-in-time practices. For many industries, including the plastics industry, just-in-time logistics are likely coming to an end.
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The pandemic’s impact on supply chain has been covered at great length – COVID-19 has significantly impacted the availability of goods and materials across the globe. Consumer goods aren’t the only thing in short supply, though; many employers are also struggling to find quality workers to fill critical roles. The agriculture industry is in the midst of an historic workforce shortage as laborers are difficult to come by, with many produce growers facing serious labor challenges come harvest season.
During the COVID-19 pandemic, lead times for many goods and raw materials have been significantly extended. Beginning in late 2020 and into early 2021, many manufacturers saw a huge spike in lead times due to skyrocketing demand following the initial lockdown periods across the globe. As the demand increased, supply struggled to keep pace, due often to understaffed manufacturing centers and increased delays in shipping and delivery of raw materials. No industry was immune, including the FIBC bulk bag industry as we covered in our recent post “How the Shipping Crunch Is Impacting FIBC Bulk Bag[...]
As supply chain issues continue to impact the world, many industries are feeling the crunch. As part of our commitment to keeping up on the latest industry news, we’re continually examining the FIBC market and lead times, and sharing our findings with you. By doing so, we hope to keep you informed and to help you minimize the impact supply chain issues have on your business.
Each year in March, the United States celebrates National Ag Day. The holiday is organized by the Agriculture Council of America (ACA), which is a nonprofit organization composed of leaders in the agricultural, food and fiber community. ACA dedicates its efforts to increasing the public's awareness of agriculture's role in modern society.