Tuesday, July 16, 2024

Supply chain problems and high demand lead to tampon shortage and product shortage


People looking for tampons and other period products find poorly stocked store shelves and higher prices, CNN reports.

News Leadership: Popular retailers CVS and Walgreens, as well as major manufacturer Proctor & Gamble, have acknowledged shortages of tampons and other products from a certain period of time, and said they are working to meet consumer demand as soon as possible, according to CNN.

The Big Picture: Supply chain issues and Historically high inflation Affected all kinds Goods. Tampons prices are up about 10% compared to last year, Bloomberg reportsWhile the cost of menstrual pads increased by more than 8% during the same period.

  • Contributing to higher prices is an increase in the cost of manufacturing products. Manufacturers of materials – cotton and plastic – are in high demand for use in personal protective equipment since the onset of the COVID-19 pandemic.
  • The Russian invasion of Ukraine has restricted the supply of fertilizers needed to grow cotton, CNN reports.

what are they saying: A spokesperson for Procter & Gamble, which owns the Tampax and Always brands, blamed increased demand on an advertising campaign the company revealed in July 2020 with comedian Amy Schumer, I mentioned the time.

  • Since then, the spokesperson said, “retail growth has exploded.”
  • “We understand that it’s frustrating for consumers when they can’t find what they need,” a CNN spokesperson said. “We can assure you that this is a temporary situation.”

deepen: Inflation rose 8.6%, the fastest pace in more than 40 years

Rosario Tejeda
Rosario Tejeda
"Infuriatingly humble analyst. Bacon maven. Proud food specialist. Certified reader. Avid writer. Zombie advocate. Incurable problem solver."