News Ticker

Disruption Escalates: Proctor And Gamble Says Over 17,000 Products Potentially Impacted By Coronavirus

By Tyler Durden | 24 February 2020

ZERO HEDGE — While mom and dad on Main St. still aren’t getting the dire warning that the coronavirus has been offering up to Asia and the rest of the Eastern world over the last several weeks, perhaps a lightbulb will finally go off when Jane Q. Public heads to the grocery store and is unable to buy shampoo and toothpaste.

Proctor and Gamble, one of the world’s biggest “everyday product” manufacturers, has now officially warned that 17,600 of its products could be affected and disrupted by the coronavirus. The company’s CFO, Jon Moeller, said at a recent conference that P&G used 387 suppliers across China, shipping more than 9,000 materials, according to CIPS.org.

Moeller said: “Each of these suppliers faces their own challenges in resuming operations.”

And it’s not just everyday consumer goods that are going to feel the impact of the virus. […]

1 Comment on Disruption Escalates: Proctor And Gamble Says Over 17,000 Products Potentially Impacted By Coronavirus

  1. What does that spell? Outrageously high prices for me and you in the near future, if we can find the products we need at all.

Post a Comment

Winter Watch

Discover more from Winter Watch

Subscribe now to keep reading and get access to the full archive.

Continue reading