Costs Are Dropping
State of Supply
As the dust settled after the Supply Chain Crisis, a new challenge emerged in the market.?
Importers, anxious about running out of stock again, found themselves over-ordering, resulting in the current widespread overstock issue in the USA. This, coupled with a sluggish US economy, has culminated in deflated prices across the market.?
Similar patterns played out in China.?New factories that popped up during the pandemic ordered raw materials in abundance following the Supply Chain Crisis. China finds itself grappling with their own debilitating overstock situation. We foresee that eventually, many of these factories will face closure.??
So, what does this mean for us??
?Primarily, it indicates that prices?are?likely to remain at their current low levels as global markets work through the surplus inventory challenge. But we also see that factories?are?faced with the choice to keep?dropping?prices or lose customers. In these times, cerebral decision-making is more critical than ever.?
While industry players?are?eager to secure orders, it may prove wiser to strategically reduce certain supply lines and prioritize stable, long-term relationships.?
In times like these, having a Global Supply Partner like Remcoda proves a significant advantage.?
Our ability to pool demand allows for volume priced orders, while strategically selecting partners & regions that demonstrate resilience and stability in this challenging market. We’ll also work to find you cost savings elsewhere in the ecosystem – from freight, vendor consolidation, and SKU optimization.
Supply News?
Yellow Fallout Apparent in Saia's August Numbers
Saia Inc. said Tuesday after the market closed that shipments per day?were up 13% year over year (y/y) through the first two weeks of August.
Overstock Rebrands as Bed Bath & Beyond
Overstock’s rebrand as Bed Bath & Beyond may go down as the best in marketing history.?
Kraft Heinz Transitioning to All-Recycled Packaging for Kraft Real Mayo and Miracle Whip
领英推荐
The change will impact the popular products in the U.S., part of the food and beverage giant’s plan to cut virgin plastic use by 20% by 2030.?
SeaWorld Selects Remcoda as Global Supply Partner
As their new Global Supply Partner for their non-foods packaging needs, Remcoda will supply all of SeaWorld's parks with a variety of molded fiber and compostable cups, bowls, and trays.
The Food Service Industry's Sustainable Revolution
By Remy Garson, Remcoda CEO
Summer Promo Pricing
Increase your margins with?10-25%?off savings on select items in our BluTable catalog including:
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1 年Dropping costs like they're hot! ??