Analyst Insight: Food and beverage companies lag consumer packaged goods companies in corporate performance. With rising raw materials costs and volatility, coupled with increased compliance for food safety, they are facing greater change and increased risk. As they move into 2014, their supply chains are not as mature and their challenges are greater. - Lora Cecere, CEO and Founder, Supply Chain Insights
Customer value and safe operations always comes first at Sunny Delight, but the company also keeps a keen eye on costs. Kevin Singletary discusses steps to the perfect service/cost balance.
America's chain restaurants this year plan to ask customers to dig a bit deeper into their pockets, hoping to offset higher food costs and put a bit more cash in their wallets, according the latest national menu price survey conducted by restaurant supply chain co-op SpenDifference.
Campbell Soup is expert at understanding buying patterns and demand signals for its traditional category, but as it expands into new categories with different types of products the company is having to adapt its forecasting methods. Allyson Hatfield, senior demand planner, discusses these challenges.
Just as KFC's China sales began to improve, the spread of bird flu is once again threatening the chicken restaurant's recovery, this time ahead of the Chinese New Year holiday, typically a busy period for the chain. The New Year begins on Friday, Jan. 31.
Governments and businesses should make efforts to reduce supply chain inefficiencies, which among others significantly contributes to loss of as much as 1.3 billion tonnes of food every year, says a report.
Executives from supply chain partners Manhattan Associates and Papa John's Pizza discuss how they use modeling and optimization tools to safely test changes in Papa John's transportation policies, leading to continuous service improvements at the lowest possible cost.
Last year's horse meat scandal in the UK illustrated the ease with which criminals could target the food industry and make huge profits as they did so.