San Miguel Corp. (SMC) yesterday assured there will be no shortage of food staples such as hotdogs and luncheon meat products amid import restrictions and surge in meat material prices.
SMC in a statement said food unit San Miguel Foods, which carries the Purefoods line of refrigerated meats and canned goods, will remain available in supermarkets and other retail outlets despite global challenges that affect the cost and availability of raw materials.
“Since the start of the pandemic, our food business has strived to make our supply chains more agile and resilient. As a result, we have expanded our raw material supply sources and have also increased our flexibility in terms of production,” said Ramon Ang, SM president, in a statement.
SMC said as a major importer of meat materials using close to 100,000 metric tons per year, its supply of raw materials has been affected by tightness in supply, price hikes, and restrictions in importation due to the new coronavirus disease 2019, African swine fever and avian flu.
But it said it has implemented “quick adjustments” particularly the integration of value chain to utilize more of its internal raw material sources.
“When you have enough meat and packaging materials, along with ample manufacturing capacity, you can ensure continuous supply. As we have done throughout the period of this pandemic, we can continue to provide for the needs of our consumers despite the present challenges,” Ang saodd. – Jed Macapagal
