COVID-19: Bullwhip in Cheese Demand
Operations and Supply Chain Management
OCTOBER 29, 2020
The smaller supply chain and freight division posted a 22% profit increase due to strong shipping demand out of Asia. The International Air Transport Association says global air cargo capacity was off by nearly a third from year-ago levels in August, including a 67% decline in belly space. Errico Auricchio, president of Wisconsin-based BelGioioso Cheese. Purchasing remains irregular and companies anxious to conserve cash aren’t taking risks on inventories.