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What food and beverage companies need to know about tariffs: Lessons from Canada sharkins Fri, 05/16/2025 - 09:53 Tariffs have been a constant threat since the beginning of 2025, but one sector has felt the impact more immediately than most: consumer packaged goods. Enter a Canadian supermarket today, and you will witness the transformation.
Wikipedia In 2014, I was exploring methods to publish what is now the Supply Chains To Admire report. The use of orbit charts allowed me to see the patterns of performance at the intersection of metrics over time. We purchase data from Y charts. (A We have archived corporate reporting from Y charts for 1982-2023.
Our tastes change, our priorities rearrange, and the way we enjoy food and beverages evolve as a result.”[3] ”[3] Below are some of the trends affecting the food and beverage landscape. Food and Beverage Trends. In 2020, 57% of American households purchased plant-based foods.” Return to Healthy Foods.
For 58 years, food and beverage and consumer goods manufacturers have battled for dominance, from chips and wings to soda, beer, party supplies, and even aluminum foil for food storage and DIY trophies. That takes a data-driven approach to forecasting, procurement and distribution. Manufacturers that dont plan ahead will lose the game.
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.
What Contractors Need to Streamline Procurement in 2025 By Ian Summers (pictured) Content Writer 111 Views You’re on-site before dawn, the framing crew’s ready, but the steel shipment’s stuck in limbo, the invoice isn’t approved, and your project management app just pinged you for the fourth time.
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. 294 manufacturing facilities produced more than 90 million metric tons of food and beverage in 2021.
From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. The key to creating an effective market-driven demand plan is access to rich forecasts based on inputs from multiple sources.
This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?
Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. COVID-19 triggered an unprecedented surge in panic buying of food, beverages, hand sanitizer, toilet paper, and other essentials. Does any of that sound like the past two years or so?
Bowman, SupplyChainBrain The European Union is on the verge of rolling out a reporting regulation that promises to have a huge impact on businesses selling into the region. The DPP “represents a significant advance in product transparency and sustainability,” according to an EU report published in September of 2024. “As
ARC defines the warehouse automation market according to a number of qualifications and dimensions to deliver a well-defined measure, with numerous segmentations, allowing those that purchase the research to understand what is being measured, and to easily extrapolate the findings to support their strategic planning needs.
ATLANTA – January 25, 2022 – According to PWC’s December 2021 Global Consumer Insights Pulse Survey , about half of respondents consciously consider factors related to sustainability when making purchasing decisions. s current Form 10-K and other reports and documents subsequently filed with the SEC. Logility, Inc.,
Global Beverage manufacturer reduced forecast error by 40%45%, reduced inventory level by 20%25%, and planners time release by 30% from demand sensing. Global CPG manufacturer achieved 85% touchless purchase order adherence by improving master data, planning parameters in the system, and loss-free analysis.
MSCN solutions provide supply chain visibility, network-based applications, and network analytics across an extended supply chain. MSCN solutions have distinctive advantages when it comes to supplier onboarding, communication, partner management, and being able to provide unique analytics. Then there is FourKites.
According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4 In other words, halal requires an organisation of the supply chain instead of just the factory: from source all the way up to point of consumer purchase. Developments. The halal industry is a fast-growing industry.
The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.
A lot of this effort comes down to more sustainable sourcing, which tends to make environmental-conscious consumers happy. Dublin-based Evocco lets you track, improve, and offset the climate impact of your food purchases based on your receipt. Starbucks to improve sustainable coffee sourcing.
The global alcoholic beverages market is forecast to grow to $3,875 billion by 2032. The global non-alcoholic beverage market size is projected to grow to $3.8 At the same time, beverage producers, like food producers and others, are being pressured in multiple directions. trillion by 2034.
Almost two decades of reporting. For example, Monster Beverages beats Coca-Cola and PepsiCo, while Celanese outperforms Dow Chemical. Demand latency is the time cycle to translate a channel purchase to an order.) The analysis is now in its ninetieth year. But does it help the profession?
Prime Minister Yoshihide Suga said it was essential to prevent Tokyo, where the highly infectious Delta COVID-19 variant was spreading, from becoming the source of another wave of infections. New aircraft purchases are focused around twinjets such as the Boeing 767 and 777. As a result, the Olympics will take place without spectators.
We’re talking real-time tracking, automated purchasing, and a whole lot less stress. Its your single source of truth for inventory, constantly updated and readily available. Automated Purchase Order Generation: Maintain optimal stock levels by automatically generating purchase orders when supplies run low.
Unlike most of the KPIs we recommend, perfect order is a composite of several elementary metrics. Perfect order results can help you assess performance and diagnose issues impacting service, costs, and overall supply chain effectiveness. What about DIFOT?
When it comes to your supply chain planning, the data sourced from IoT-enabled devices lets you continuously sense, communicate, analyze and act. There are currently close to 300 brands using Amazon Dash buttons, and early reports show they’re driving big business. Real-world examples. Examples of this already exist in the marketspace.
No- and low-alcohol beverages – dubbed NoLo alcohol – have seen a dramatic rise in the last few years, driven by consumers seeking healthier beverage options. Here we get inside the NoLo industry boom – from what’s behind it, to how brewers and beverage manufacturers are taking advantage of it, to what the future looks like.
Surveys have shown that consumers are 71% more likely to make a purchase based on social media referrals, and 47% of millennials’ purchases are influenced by social media1. Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence.
The industries that particularly benefit from an MES are those that are highly regulated, such as pharmaceuticals, medicines, biotechnology, aviation and food and beverage production. This saves manufacturing, transportation, storage, and inventory monitoring costs. Future Trends in MES Industry 4.0,
If you have an efficient ERP system, information can flow freely between your source-to-pay applications and the companys central IT infrastructure. It was not until 2007 that SAP made its first major acquisition, purchasing BusinessObjects to enhance its business intelligence (BI) capabilities. So, we have skin in this game!
As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Over the last decade the use of Terra Technology’s DS product improved short-term demand forecasts by 37% at 13 consumer products, and food and beverage companies.
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 cost per case.
In a Deloitte survey of retail professionals , 60% reported that AI tools improved their ability to forecast demand and manage inventory in 2024. Before AI can process and automate insights, organizations must overcome the hurdle of disparate, inconsistent, and often delayed data sources that prevent timely decision-making.
A recent report by the ACE European Group identifies supply chains as of the biggest sources of concern for European businesses today. On the other hand, there is a rising need for smarter and more flexible tools as well as more staff with analytical capabilities. Is analytics playing a role in innovation?
E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Supply chain management is typically broken into three large buckets of intricate processes and roles: Concept: the full cycle, from sourcing and procurement to fulfillment. Don’t let anyone fall through the cracks.
March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.
7 KPIs Your Procurement Team May Be Ignoring! But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Procurement is a business function that has undergone a lot of change in the last few years. Responsible Sourcing. Responsible Sourcing.
Sadly, I find each to have a limited view of supply chain analytics. Process industry leaders–chemical, consumer packaged goods, food/beverage–have greater issues using data, with software usability, and building effective connections to align and build effective relationships with trading partners. The solution failed.
RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit WARRINGTON, UK / RADNOR, PA 8 AUGUST 2023 – Costanza Campi, Senior Vice President of Global Procurement for RS Integrated Supply, has been selected to present at the upcoming World Procurement Excellence Summit in Cologne, Germany.
It also is increasing the number of ‘carbon neutral’ brands it offers as consumers increasingly value this attribute when they purchase a product.”[6]. Everything from procurement, to production, to logistics can be improved using artificial intelligence. Why sustainability is important. ”[6].
Advantages: Manufacturers save on infrastructure costs : the company avoids the cost of purchasing, managing and periodically upgrading expensive software. Source: g2.com These include inventory management, supply chain operations, procurement, project management, financial management, risk management and compliance.
The packaging industry has to stay on the forefront of change because what they produce affects so many other markets, like food and beverage, consumer goods and healthcare packaging. During the last year, many stayed home, shopped online, had their purchases delivered and then unwrapped them from their cardboard and film packaging.
Its growth is enough to make giants like McDonald’s, Cargill, and Wal-mart sit up and pay attention, agreeing to overhaul their current procurement methods in order to give the people what they want. The issue is cost: consumers don’t want to pay exorbitant amounts to get food they perceive as healthy.
So the CSR score too is more of a popularity contest than a consistent metric. The slideshow that follows, then, is our coverage of Gartner’s rankings, which includes both comments from Gartner’s analysts as well as our own analysis, based on independent reporting. Media Type. Media Credit. Privacy Settings. anonymous user. Media Type.
Years ago, I saw a statistic that many people do not purchase a fire extinguisher for their residences until after they experience an actual incident. Crisis management plans will go from optional to mandatory for CPG companies, especially those in food and beverage and suppliers who want to compete in the post-pandemic market.
Brand loyalty was tossed out the window as desperate consumers made product availability and price their motivating purchase factors. ” • Identify and eliminate sources of brand confusion. ”[4] The report identified six attributes that make brands attractive to consumers. Empowering and engaging?”
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