By Gene Bruno, MS, MHS, RH(AHG), Vice President of Scientific & Regulatory Affairs, NutraScience Labs07.18.22
If you’re a dietary supplement brand owner, you are no doubt familiar with supply chain delays and issues associated with contract manufacturing. About a year ago, the following statement was issued via a White House blog, “These shortages and supply chain disruptions are significant and widespread—but are likely to be transitory.”
In fact, for almost two years various industry experts have predicted that this volatility would continue for another year or so. Yet here we are in the third quarter of 2022, and supply chain issues are still problematic.
Lost revenue is one obvious consequence
In fact, for almost two years various industry experts have predicted that this volatility would continue for another year or so. Yet here we are in the third quarter of 2022, and supply chain issues are still problematic.
Ramifications of Supply Chain Issues
As a supplement brand owner, the worst potential outcome of supply chain issues is going out-of-stock on your key SKUs. According to one report, “51% of retail and e-commerce executives cited out of stocks as the biggest challenge driven by the pandemic.”Lost revenue is one obvious consequence
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