Oatly slashed SKUs and canceled factory plans to ... - Supply Chain …
Mar 5, 2024 · After months of cost-cutting initiatives, Oatly is beginning to reap the benefits of its trimmed-down supply chain. The oat milk maker slashed SKUs in Asia by 70% earlier this year, as well as halted plans for factories in the Americas and Europe, Middle East and Africa markets, all in a bid to get a handle on its declining bottom line.
Strained oat supply pushes Oatly to raise prices ... - Supply Chain …
Mar 24, 2022 · The company has been rapidly building out manufacturing capacity to meet demand for oat milk and mitigate the effects of shortages. But high construction costs and supply chain delays have already disrupted those plans, pushing the company to …
The Reason That The Oat Industry Is Currently In Shambles
Feb 2, 2023 · Food Dive covered how the oat shortage as well as supply chain issues pressured Oatly into making less oat milk to cover the rising cost of oats. Except Oatly was enjoying astronomical success...
The Impact of Supply Chain Optimization on Oatly's Success ...
Mar 6, 2024 · Oatly’s recent strategic supply chain decisions, including SKU reduction and halting factory expansions, have led to improved market share and profit margins, signaling a positive shift in the company’s financial trajectory.
Oatly plans 3 new facilities by 2023 to combat supply shortages
Dec 7, 2021 · Oatly is building out its global manufacturing footprint “at an unprecedented pace” to address supply shortages and meet the growing demand for plant-based milk, CEO Toni Petersson said on the company’s Q3 earnings call.
Supply chain challenges slow Oatly’s growth - Baking Business
Nov 16, 2021 · Oatly forecast fiscal 2021 sales of $690 million, but they are now expected be approximately $635 million, according to the company. Management warned that additional supply chain disruptions may occur in 2022 and may affect how Oatly brings products to market.
Oatly Restructures Amid Supply Chain Issues and Reduced Sales …
Nov 28, 2022 · Oatly, the darling of the dairy-free sector, has announced plans to address supply chain issues and overhead following less than stellar third-quarter sales, the company said last week. Oatly saw more than $108 million in losses in the quarter ending September 30th—nearly triple the losses from the same time frame in 2021.
Oatly aiming to address supply issues | Dairy Processing
May 27, 2022 · The supply problem has disrupted the company’s ability to get its products on retail shelves in the US. Its fill rate ranges between 60% and 70% in an industry where the commitment is 98.7%. In March 2021, Oatly entered into an agreement to supply its oat milk to Starbucks Corp. stores in the US.
Oatly shares turn sour after it counts cost of supply chain and ...
Nov 15, 2021 · Shares in oat milk maker Oatly have turned sour as it counted the cost of production and supply chain problems as well as slower than expected growth in some markets.
Oatly, Ya Ya Foods Announce Manufacturing Partnership
Jan 5, 2023 · MALMÖ, Sweden, and TORONTO — Oatly Group AB, the world’s original and largest oat drink company, and Ya Ya Foods Corporation, a leading contract manufacturer of a broad range of aseptic food and beverage products, announced a long-term strategic hybrid partnership in North America.