Supply Chain Risk Mitigation Strategies: Lessons from Recent Disruptions
The nutraceutical industry has been grappling with increasingly complex supply chain challenges, magnified by global disruptions in 2023-2024. Incidents like NOW Foods’ $12.3 million loss due to contaminated ashwagandha root powder and Nature’s Way’s $8.2 million setback from adulterated turmeric supplies exposed vulnerabilities that require urgent attention. These cases emphasized the need for robust risk […]
