The supply chain crisis that our supermarkets are dealing with is far even worse than the mainstream media has been telling us. The mainstream media keeps trying to put a pleased face on the “short-term” shortages, but an industry expert has let me understand what is truly going on behind the scenes. This specific insider runs a supermarket in Maine, and he says that things are as bad as he has actually ever seen. In fact, he states that he has “never ever seen anything close to what is happening now”. The email that he sent me the other day considerably alarmed me, and I asked him if I could share it with all of you. He gave me permission to do so, as long as I didn’t use his name. I have not received an email this surprising in a long time. As you read this e-mail, I believe that you will rapidly comprehend why I am saying that …
I’m self used for 25 years, now, independent IGA associated grocery store in seaside Maine.
Supply problems are genuine! My provider has actually limited us on orders for about a month now (restricted the physical variety of cases we can buy)
Their problem is/was generally the aid crisis in their warehouse … order pickers and truck motorists. Same story all over, I know. A number of the items your reader commented about in this short article are the exact same here … really minimal gatorade, and gallon water is sketchy at best. Sometimes we get it, sometimes we do not. I’ve not seen many supply problems in produce, rather bad quality problems there. A lot more than normal. Deli/ bakery … yes, great deals of out of stocks and “long term not available” as my supplier likes to word it on the invoice.
In the center shop– dry grocery … like others are stating, tons of out of stocks.
Meat supply is “fair” however pricing is very high. Shockingly high to me. The middle class is slowly being ruined with these costs walkings … death by 1000 cuts of sorts, I think.
My Frito Lay messenger tells me that he is getting 55-60% of what he’s buying. My last Nabisco order had 30% out of stocks. Over the years, we always get 99-100% of what was ordered. Pepperidge Farm Cookies … he tells me some weeks he’s just getting HALF of what he orders. These folks all work on commission … if they don’t (or can’t) sell it to me … they do not make money. Or make money less. When we place our liquor order (twice a week) out of stocks there are running 30% most orders. This commodity was ALWAYS 99.5 to 100% fill rate over the years … always.
It’s frustrating. As I said … self used 25 years, and worked for Kroger for 25 years before that … so 50-51 years in this company.
Never ever seen anything near to what is taking place now. Add to that– a far left governor, and both houses here in Maine democrat managed … I just know we are on the edge of another mask mandate, and a lock down of sorts would not shock me once again as we move into the cooler months. As you’ve seen I make certain, Maine remains in the news with COVID case rises (so they state)
I come to work every day just holding my breath for what is next … for our service and the 35 people I utilize here in Maine.
This market expert is trying to purchase regular quantities, but his providers are frequently unable to completely meet them.
As you can see from the e-mail, the lacks are extensive, and this is the worst that they have actually been throughout the whole pandemic up until now.
If there is something that you require to stockpile on, I would get it if it is still on the shelves, since pretty soon it may be entirely gone.
On Friday I went to the supermarket and they ran out several things that I wished to purchase. Sadly, we continue to get more confirmations that this is going to end up being the “brand-new typical”.
For instance, according to Bloomberg meat reserves in this nation have plunged to dangerously low levels …
A U.S. report Wednesday revealed beef reserves down 7.7% from a year ago in August. Poultry supplies plunged 20% and pork bellies, which are sliced into bacon, dropped 44% to the lowest levels considering that 2017.
In many cases supermarkets still have meat on the shelves, but it is certainly a lot more pricey than it utilized to be, and we are being told to brace ourselves for more price hikes in the months ahead.
Naturally other types of sellers are dealing with serious supply shocks also. A few days earlier, another reader sent me an email in which he explained what he is seeing at his regional pharmacy …
The big concern, nevertheless, is at the local drug store; Rite Help. The location is thin at finest and removed in some areas (last week there was no Zinc offered). The beer cases are significantly sparse. The primary concern, nevertheless, is at the pharmacy. 6 or eight months ago you might walk in and have your prescription filled within 20 minutes. If you hired the prescription the day prior to it was waiting on you. Not so any more. The other day I went to get an RX for my spouse that had been contacted last week. Not just was it not prepared however I had to wait an hour before it was filled. There were 9 cars in the drive up queue. I decided to stroll in and it was nearly as bad. The girl that assisted me was clearly not local with bicolor hair and a large, glaringly obvious, in your face, Baphomet sign around her neck.
I had a chat with the supervisor en route out and asked him what was up with the Pharmacy staffing. I hadn’t seen the regular pharmacist for a couple of months. He blamed all of it on the city for not having any affordable real estate (lame) and mentioned that Albertson’s drug store, Albertson’s and Ridley’s were all very short on assistance (real).
Right now, lots and dozens of drugs remain in short supply.
In reality, the main FDA drug lack list has 149 entries on it right now.
That is the most that I have ever seen.
As scarcities persist, retailers are going to begin implementing more limitations. Last week, we discovered that Costco has already started to shoot…
Costco on Thursday stated it was reinstating limitations on purchases of toilet paper, paper towels and bottled water.
They do not call it “rationing”, but that is basically what it is.
And we are also being informed to anticipate significant price increases, because supply chain issues are causing expenses to go through the roof…
Costco this week signed up with the long list of merchants sounding the alarm about escalating shipping costs and the accompanying supply chain problems. The storage facility seller, which had a similar cautionary tone in May, was signed up with by athletic wear giant Nike and financial bellwethers FedEx and General Mills in talking about comparable concerns.
The cost to ship containers overseas has actually skyrocketed in current months. Getting a 40-foot container from Shanghai to New york city cost about $2,000 a year and a half earlier, just before the Covid pandemic. Now, it runs some $16,000, according to Bank of America.
I have actually been cautioning that rampant inflation and shortages were coming for a long time, but a lot of people didn’t wish to believe me initially.
If you was among those skeptics, do you believe me now?
During the first half of this year, numerous financial optimists assured us that the U.S. economy would be “growing” by this point.
However instead our financial facilities is being shaken on a really basic level, and we are dealing with enormous cost walkings and extremely uncomfortable lacks throughout the rest of this year and into next year.
Occasions have begun to slide out of control, and it definitely wouldn’t take too much to push us into a full-blown avalanche.
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