“The supply chain is creaking around the world.” Coca-Cola CEO James Quincey describes the “flash points” he’s seeing as the coronavirus pandemic hits the company's supply chain.
"The supply chain is creaking around the world. There are flash points when it's getting a little harder to get ingredients through, whether it's delays at the borders, the big changes in channel mix," CEO James Quincey said on CNBC's "Squawk on the Street.
"In the United States, the beverage giant is seeing heightened demand from grocery stores and e-commerce channels for its drinks as consumers stockpile food and drinks in preparation for spending more time at home. As a result, the company is focusing on producing the products most important to its business, such as water, soda and sports drinks.Friday, citing the impact of the coronavirus pandemic.
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