Recently Twin Rivers Technologies launched our 2019 Sustainability Report as well our newly designed Sustainability section of our website. Here are a few highlights to get you started. See below for links to our full report and website.
The Twin Rivers Technologies Blog
Due to production capabilities and market trends that result in a disconnect between supply and demand, there are times when Twin Rivers Technologies products' are in tight supply and must be put into what we call allotment. Our allotment system allows the commercial team to control flow of product based on production capabilities to our forecasted customers and potentially any unforecasted business that customers may inquire on.. Our allotment is a strategy that we have implemented on the product supply side that can provide consumer confidence to our partners who depend on pounds showing up to stay in business.
At Twin Rivers, we pride ourselves on living up to our commitments to our customers. We know how important it is for them to be able to count on the amount of product they need to keep their operations running. Without a proper system in place, it is feasible that a customer could come in and order well over forecast. If capacity is tight, there is a potential in this scenario that another customer who places orders later in the month may not have the product available. To avoid this, Twin Rivers puts any product in tight supply into our allotment process and our customer service team is a key part of working with our customers to confirm orders against forecast and commitments.
Covid-19 curve is starting to “flatten out”, as we all hope. States are opening back up but crude oil prices are still seeing historic low prices. Tallow availability remains uncertain despite President Donald Trump signing an executive order in April 28th, 2020 to keep meat processing plants open.
Demand for glycerin has boomed amid supply chain uncertainty due to Covid-19. According to the April 22, 2020 Independent Commodity Intelligence Services (I.C.I.S.) Glycerin report,
Twin Rivers Technologies' supply chain is designed to provide a secure and consistent logistics network to our customers despite what is happening across the globe. Our strategically located manufacturing site in Quincy, MA has access to a deep-water port and a short line railroad, which services our facility daily. Our location allows for continued support by domestic and international supply partnerships. Coupled with strategic terminal partnerships in North Carolina and Illinois, we have seen no interruption in our supply chain or in our ability to supply the high quality naturally based specialty oleochemicals and glycerin you expect from an organization that has been in business for more than 25 years.