Product suppliers from India, Sri Lanka and Kenya are considering alternative logistics routes bypassing Africa to import goods to Russia due to the crisis in the Red Sea. This will impact delivery times but not the availability of products on local retailers’ shelves. Igor Karavaev, Chairman of the Presidium of the Association of Retail Trade Companies, told socialbites.ca.
According to him, retail chains that are members of AKORT (the association includes more than 65,000 grocery stores throughout Russia) no longer experience any interruptions in the supply of imported products.
“Due to the diversification of flows, Russian retailers have the opportunity to receive their shipments from alternative ports. The supply situation and the need to take additional measures will depend, among other things, on the duration of the crisis unfolding in the region. Currently, retail chains have accumulated sufficient stocks in all categories,” Karavaev emphasized.
He described the situation regarding the satisfaction of Russian consumer demand as stable and predictable. According to Karavaev, the supply of fresh category products (vegetables, fruits, dairy products, meat, seafood, medicines) in Russian stores is balanced, which became possible thanks to “interaction with different suppliers.” The chairman of AKORT announced that, if necessary, the offer could be renewed as soon as possible.
More details material “Newspapers.Ru”.