Companies are beginning to realize there’s more to lose from offending consumers who are aware of how cheap plastic products feed global warming, choke oceans, kill wildlife and — more slowly — threaten us. This is especially the case when it comes to packaging.
iTradeNetwork, a global provider of supply chain management solutions for the food and beverage industry, recently announced the launch of iTradeFreight—a new logistics module to modernize the freight industry for perishables.
Challenge: A global food company was experiencing flat revenue and struggling to increase market share with demanding consumer expectations for ingredients and prices. Financial forecast credibility was debated, and plans were not consolidated. With a projected $100-million profit gap, timely accurate data was difficult to receive.
Cheeses from France, Italy and the Netherlands, wines, Scotch whisky and Greek canned peaches are just some of the European exports whose prices are set to rise in the U.S. after the Trump administration announced new tariffs on billions of dollars of EU products starting Oct. 18.