'Hopefully when people realize they have a lot of diapers they'll slow down their purchases,' International Paper CEO Mark Sutton told CNBC.
The supply of raw materials needed to make items such as toilet paper and diapers is "running wide open," Sutton said.
"I do think it's a little bit of dislocated demand that should settle out over time," said Sutton, who is also on the board ofThe spread of COVID-19 has brought the American economy to a near halt andAs the global pandemic persists, Sutton said some manufacturers are streamlining their operations to respond to increased demand.
"If you take some of the variety down, you've got latent capacity to make more of the product, but less variety of the product," he said, such as a reduction of sizes and scents. "What's really heartening to look at is that is being worked very heavily across the supply chain so we can make sure that we build efficiencies in and make sure the products are available," he added. "I believe you'll see actually a better stock over time for some products."
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