Getting a Kiss From a World Class Supply Chain
After years of pandemic-fueled spikes in demand for chocolate and salty snacks, Hershey's supply chain hit the wall.
During The Hershey Company's second quarter earnings call on July 28, 2022, CEO Michele Buck warned investors that the company "will not be able to fully meet consumer demand" for Halloween candy. Ingredients were in short supply, and with production lines shared by regular and seasonal merchandise, the company had some tough decisions to make.
Despite their best efforts, Hershey did fail to meet demand last year - much to the dismay of chocolate-lovers everywhere.
In this…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.