The 2022 Consumer Packaged Goods (CPG) Supply Chain and Procurement Outlook highlights the challenges facing the industry, including inflation rates, supply chain disruptions, and sustainability pressure. The ongoing Russia-Ukraine crisis is expected to further strain key inflation-related factors, such as oil prices, which will increase costs for everything from energy and shipping to agricultural commodities and packaging. Consumer demand for sustainable packaging and increasing legislative requirements will add further pressure to CPG enterprises in 2022. To address these pressures while maintaining cost competitiveness, CPG companies must consider how to adapt their supply chain and procurement strategies.
