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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.

Beverage 173
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The Food & Beverage Supply Chain is Ripe for a Digital Transformation

Logility

The global food and beverage supply chain has been stressed to the breaking point by the COVID-19 Pandemic. Shelter-at-home and the mandatory closing of non-essential businesses has led to restaurant bankruptcies in record numbers, pouring milk down the drain and fields of rotting produce that were destined for food service businesses.

Beverage 223
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Demand Sensing (and Other Secret Ingredients) for Food and Beverage Supply Chain Success

Logility

Food and beverage companies can use demand sensing to predict sudden market trends and prepare for actual supply needs. Demand fluctuations dominate the food and beverage (F&B) industry. If the business purchases too much, it risks overstocking goods that cannot be sold after they exceed their shelf life.

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Infor’s Strategy for Differentiation

Logistics Viewpoints

Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. In contrast, the Infor food & beverage solution supports micro verticals.

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Food and Beverage Industry Reevaluating Strategies to Combat Coronavirus

USC Consulting Group

This includes food and beverage suppliers, packers, and manufacturers. Indeed, the pandemic and resulting economic downturn have impacted several major organizations, and as a result, led to a domino effect resulting in back orders and food shortages. But the meat industry may have gotten the worst of it.

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Report from Food Marketing Institute Highlights CPG Logistics Challenges

Zipline Logistics

Everything from food and beverage products to home improvement items saw a significant consumption bump as buyers, sidelined by pandemic restrictions, diverted their purchasing habits from experiences to consumer goods. Since the first quarter of 2020, CPG logistics costs have risen by 37% to an average of $1.71

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PepsiCo’s Massive, Complex, and Difficult Greenhouse Gas Initiative

Logistics Viewpoints

PepsiCo is a very big company, the second largest food and beverage company in the world. PepsiCo generated $79 billion in net revenue in 2021, with 23 food and beverage brands that generate more than $1 billion each in retail sales. Because of the food giant’s size, their sustainability strategy also is very broad.