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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Simmons Foods Simmons Foods is a farm to fork poultry manufacturer.

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Addressing Global Food Security

Enterra Insights

According to McKinsey & Company partners, Daniel Aminetzah and Nicolas Denis , the world could be facing a significant food crisis in the near future. Converging disruptions have sent food prices soaring — and Russia’s invasion of Ukraine, one of the world’s six breadbasket regions, risks tilting the food system into global crisis.”[1]

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Food Labels and Food Waste

Enterra Insights

There are growing worries about global food security. Earlier this year, UN Secretary-General António Guterres, stated, “This year’s food crisis is about lack of access. Next year’s could be about lack of food.”[1] ”[1] When lack of food is a concern, food waste should also be a concern.

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Stop Food Waste Day 2023

Enterra Insights

Tomorrow, 26 April 2023, is international Stop Food Waste Day. According the Stop Food Waste Day website , “Stop Food Waste Day is the largest single day of action in the fight against food waste. Food waste only exacerbates the challenge — and it’s everywhere. and China, The Guardian reports.

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Ways Food and Beverage can Build Resilience with Supply Chain Optimization Software

Logility

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. Then, F&B businesses can transform diverse information from sales, production, finance, marketing, transportation, and procurement into one comprehensive business plan.

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Trends 2022: Food and Beverage

Enterra Insights

The International Food Information Council (IFIC) staff writes, “As the world begins year three of the COVID-19 pandemic, we find ourselves in a decade that proves the adage, ‘The only constant is change.’ ’ The food system is hardly immune to turmoil.”[2] Food and Beverage Trends. ”[7].

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Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) Understanding this relationship requires modeling. (A A Case Study.