ARLINGTON, VA – National Association of Chemical Distributors (NACD) President and CEO Eric R. Byer issued a statement welcoming the creation of the White House Supply Chain Disruptions Task Force and other actions to address vulnerabilities in critical product supply chains.
In his statement, Byer said that the actions of the White House would help to deal with the disruptions in supply chains across the United States in the long term. However, he noted, “Immediate action is needed to ensure that Americans can continue to receive the products they rely on every day and the scope of these efforts must be broadened to provide immediate reinforcement of the U.S. chemical supply chain.”
Byer reported that chemical inventories have decreased, and he said that supply chain delays caused by falling inventories could lead to shortages. “The chemical distribution industry that NACD represents processes, formulates, blends, re-packages, warehouses, and transports chemicals used in nearly every industry sector. Without additional action, consumers may be facing shortages and will pay more for the same products when they can least afford to do so.”
To learn more about NACD, visit www.NACD.com.