David Savastano, Editor09.21.20
Ink industry purchasing executives have a difficult job as it is, as they try to plan for potential cost increases and supply crunches while making sure that manufacturing is running smoothly. For these purchasing executives, 2020 is a year they won’t forget, as the COVID-19 pandemic ravaged the globe.
In speaking with industry leaders, they noted that delays and price increases have become the new normal. For example, Jeffrey Shaw, chief supply chain officer, Sun Chemical, said that the pandemic caused significant disruption in global supply chains as well as price volatility in some key raw material categories.
“Shifting demand away from industrial applications to healthcare use exerted pressure on solvents,” he pointed out. “Additionally, the global supply of pigments, pigment intermediates, and various specialty chemicals were threatened by compromised distribution channels and limited available labor.”
Arno de Groot, VP Flint Group Packaging procur
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