Energizer to Carry ‘Elevated Safety Stock’ for ‘Foreseeable Future’: CEO

The global supply chain “remains stressed” from COVID-19 pandemic disruptions, including port congestion and transport delays, plus labor and raw materials “availability challenges,” said Energizer Holdings CEO Mark LaVigne on an earnings call Monday for fiscal Q1 ended Dec. 31. “We took a proactive approach by investing in incremental inventory” for the holiday quarter, he said. “This decision paid dividends, as we were positioned to meet our customers’ and consumers’ needs,” he said. “We expect to operate with elevated safety stock for the foreseeable future.”