, Columnist
What Nutella Teaches Us About Global Supply Chain Risks
After Covid-19 and COP26, multinationals should realize it’s in their own interest to lift the lid on how they do business.
Risky?
Source: Bloomberg
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Beloved hazelnut spread Nutella is a classic example of the benefits and costs of globalization.
Some 400,000 tons of it are produced every year by a supply chain touching almost every continent. Key ingredients such as cocoa, hazelnuts and palm oil are sourced from Africa, the Middle East and Asia, as producer countries boast about bringing their people out of poverty.