The Coca-Cola Company and its African bottling partners announced a new investment of $5bn during the U.S.-Africa Leaders Summit in Washington. The investment, to be made over the next six years, increases its total announced investment in Africa to $17bn from 2010 to 2020. The Company and its bottling partners anticipate that this investment will fund new manufacturing lines, cooling and distribution equipment and production; create additional jobs and opportunities across Coca-Cola's African supply chain; and support key sustainability initiatives and programs focused on safe water access, sustainable sourcing, women’s economic empowerment, community well-being and operational efficiency improvements.
Granarolo, the leading Italian producer of dairy and milk products, was faced with the challenge of accurately forecasting demand for its highly perishable products – especially in the critical and difficult-to-manage area of promotions.
The company continues its relentless efforts to streamline and optimize its supply chain, deploying an application from LLamasoft to engage in predictive analytics and modeling.
Driven mainly by stronger sales and traffic levels, the National Restaurant Association's Restaurant Performance Index rose to its highest level in more than two years in May 2014. Among other things, restaurant operators continued the recent positive spending trends on commercial appliances.
The fresh food e-commerce sector is expected to post rapid growth over the next five years as several enterprises in China have made investments in the sector, which is expected to stimulate the development of cold chain logistics.
US Foods plans to open a distribution center in Seabrook, N.H. to better serve its customers throughout New England.
The company currently services this customer base from its facility in Peabody, Mass., which has approximately 188,000 square feet. The new facility will offer more than 500,000 square feet of space, including additional dry and cold storage and fleet fueling and maintenance areas.
Throughout the logistics industry, food is one of the most demanding goods moved around the world. Statistics also show that it is also one of the most disposed products worldwide in relation to the produced quantity with 30 to 50 percent of food going to waste. The highest portion is on the consumers' side. But In the supply chain, a non-stop cold chain monitoring is the major instrument for food staying fresh and not rotting ahead of time. There are already several solutions in the field to collect data to monitor the cold chain. But most of these solutions are costly to install and to maintain and therefore only suitable for high-priced products such as pharmaceuticals. Wireless sensors that use the energy harvesting principle now overcome these challenges and open the door for a complete traceability of food at affordable costs.
The price of popular breakfast cereals is set to soar over the next 15 years as a result of climate change, argues a new report from Oxfam International.