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Price Spikes, Shortages, and Force Majeure
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Price Spikes, Shortages, and Force Majeure
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So the trend with supply chain issues is starting to look like back in the days of the pandemic, but that was a slow process over the years, versus what we are moving into. In this episode, we cover the recent price jump with key raw materials.
On our last Jancast, we discussed how freight was going to be impacted, and we've now received the first substantial increase in chemical products, mainly raw materials, with a significant increase in ingredients like propylene glycol. What else could we see increasing on cost and a lower level of supply in the market place.
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