A modern supply chain is a complicated thing. That car you drive might be made in the U.S.A., but — as we learned from the Takata airbag recall — the parts inside it, from raw elements to fully-assembled electronic systems, come from a tangled web of companies all over the world. Which is why it’s a big deal affecting consumers all over the world when one company’s parts turn out not to be at all what they were supposed to be. [More]
global supply chain
Maker Of Nutella Buys Hazelnut Supplier To Keep The Choco-Spread Flowing
By 8.15.14
What do hail storms in Turkey have to do with the supply of Nutella at your local grocery store? A lot, actually. Hazelnut prices are away up due to a worldwide shortage. Ferrero, the company that makes Nutella, uses about 25% of the hazelnuts in the world. It and simplified its supply chain this year by acquiring a major hazelnut processor, Oltan in Turkey. [More]
