Supply instability and rising costs are prompting chief procurement officers (CPOs) to adopt new approaches to packaging material procurement. That's according to Gartner, Inc., which covers the topic in its new publication, "Tactics for Navigating Packaging Shortages." "Shortages of packaging materials such as pallets, plastics, corrugated, metal, and glass are wreaking havoc across supply chains, and it remains unclear when-or if-these constraints will subside," says John Blake, senior director analyst with the Gartner Supply Chain practice. "Packaging procurement is highly complex, as it requires coordinating many different suppliers. To further complicate matters, there has been a lack of investment in technology that would allow for seamless collaboration across the supply chain."
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