Consumer goods companies fill the omicron impact
The company said the new variant had not had a direct impact on their business but they continued to dip past learning to develop a contingency plan if there was a limit imposed on the market. Packed food companies ensure they are adequately stocked on the market. Household appliances manufacturers said they had diversified their supply chains over the past 12 months and were better prepared to deal with pandemic related disorders.
"We have begun to build an inventory needed to maintain the continuity of our product inventory," Shahrukh Khan, executive director, operation, said Dabur India. However, overriding "direct impact" from a new variant on a rapid operation. -Moving Consumer Good Company. "We are very monitoring the situation when developing and has strengthened the behavioral norms, safety and cleanliness that are safe in our manufacturing operations to keep our employees and workers safe. Our units are also equipped with oxygen concentrators to meet emergencies if there is a third wave," he added.
India reported the first two omicron cases in Karnataka last week. Furthermore, more cases have been detected in Maharashtra and Delhi. However, so far, the variant seems to be less severe with mild symptoms of infected reporting.
Kamal Nandi, Head of Business and Executive Vice President, Godrej equipment and president of the Ceama Industry Agency said the company was "more careful". "We monitor the supply chain situation every day," he said.
The more severe wave in India earlier this year has a living and livelihood. For companies, it also brings challenges on land, including restrictions on movement, inventory delays and threats to staff on land that capture infection. Meanwhile, the company also faces a global deficiency of raw materials and higher shipping costs, creating an easy to evaporate operating environment.
Nandi said the company has reduced the dependence of raw materials from one country and instead moved to more suppliers in various locations. "During Covid 1 and 2 waves, organizations like we have developed alternative suppliers for most components. So, I don't see total interference. But I certainly see intermittent disorders in the supply chain we have experienced over the past six months, Because of the power crisis in China and a shortage of global containers, "he added.
Other people in business have taken similar steps.
Saurabh Baishakhia, President, Equipment, Usha International said the company has been able to find local suppliers for various IT producer products. For 85% to 90% of components, now depends on the local supply, he said.
The company maintains a strategic inventory at this time because the waiting time has risen. "Previously we worked on an inventory of 30 days. At present, we work with 30 to 60 days of local supplies, and more than 90 days for whatever we get from outside. It has become a trend ... that's how we have managed a better request , "he said.
Also Read : Global Drug Repurposing Market Analysis 2022
At present, the supply is very stable. "But if the forward there is locking and limit, there can be a disturbance, if not most of us can make an environmentally friendly system that will support real time inventory," he added.
Manish Aggarwal, Director of Bikano Packaging Food Company, Bikanervala Foods Pvt Ltd said the company has held a meeting to place strategies to reduce the impact on supply and imports. So far, the company has not faced a direct impact on its business. It has also developed strong operating policies and organizational structures over the past 12 months to plug in the supply side crisis.
Comments
Post a Comment