Developing Resiliency and Targeting Growth Opportunities in the New Normal
Today’s business landscape offers opportunities for differentiation and growth for organizations that can build on the lessons they have learned over the past several years.
The CASE industry has done a phenomenal job adjusting to the complexities of the past several years, which included challenges related to numerous force majeures, alternative supply considerations, reformulations, working capital adjustments, and overall business continuity. It now seems that the worst may be over; in the first quarter of 2023, we have seen considerable easing in the supply chain across the industry.
In addition, commodity pricing has started to show declines, and capacity utilization has improved. A recovery is happening, though we are seeing results take shape more quickly in some areas vs. others.