![]() ![]() Large buyers with power to wield may be able to work with distributors to acquire more space or even have their own cold storage warehouse network. Plus, excess inventory costs more to store, Krueger told Supply Chain Dive, and buyers rarely control the storage their purchases fill. ![]() "Customers tend to like fresh product, so forward buying has limited benefits considering how perishable high quality cheese is," said Errol Schweizer, CEO of CPG brand Farmer Direct Organic and former vice president of grocery for Whole Foods Market. Jude's Research Hospital and former national buyer for Whole Foods Market.įurthermore, Rod Daugherty, vice president of product strategy for supply chain software firm Blue Ridge, told Supply Chain Dive in February that how much to buy must be carefully balanced with how quickly the items will sell and if they have a finite shelf life, whether literally or for trend or seasonal reasons. High holiday sales volume raises inventory and operational spend and with most food-selling operations running on single-digit margins, there isn't much room to play, said Kevin Krueger, procurement and sustainability manager for St. The first is the money needed to overbuy, which necessarily must be redirected from elsewhere. Stockpiling is one way to avoid tariffs and ensure there is enough supply to get through the long, cold, busy winter months ahead, but the practice comes with its own risks and drawbacks. is facing similar supply issues regarding French cheese and Scotch whiskey as a result of the new tariffs. British sellers have been doing so for months under the specter of Brexit. This isn't the first time this year food retailers have taken a serious look at stockpiling as a way to ward off trade uncertainty. ![]()
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