In its quest to slake the world's thirst, Coca-Cola is intent on making milk a billion-dollar brand. But not just any kind of milk. Coke has joined forces with a dairy cooperative to create Fairlife, which produces a filtered, high-protein, low-sugar, lactose-free designer milk also called Fairlife.
While Amazon.com Inc. is already a force to be reckoned with when it comes to online retail, one Wall Street firm says it's about to move up the ranks in yet another industry: U.S. food and beverage.
Food manufacturers across the globe have admitted failing to put in place basic safeguards to protect vulnerable workers in their supply chains - almost one year on from laws to stop slavery, child labor and unethical working practices.
The most pressing concerns for consumer packaged goods companies today are transportation and network redesign - priorities that just two years ago barely registered on their radar, according to a report by The Boston Consulting Group and the Grocery Manufacturers Association.
Consumer demand for more fresh, ready-to-eat products is driving development of new replenishment models based on smaller, more-frequent deliveries, versatile truck drivers and the latest temperature-controlled trailer technology.
For about a decade now, policy makers and the soda industry have been fighting about the idea of a big soda tax. Proponents say it would fight obesity by reducing consumption of sugary drinks. A leading objection by the industry is that the tax simply would not work.
Most companies derive mobile apps from their websites, but Taco Bell has done the opposite. Building on the success of its e-commerce mobile app, the chain has revamped and renamed its website, extending the ability to order and pay via personal computers and tablets as well as enhancing the overall digital customer experience.
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
General Mills has committed to sustainably source 100 percent of its 10 priority ingredients by 2020. These ingredients represent 50 percent of General Mills' total raw material purchases.
Half of the UK's leading soft drink producers and suppliers,including Coca-Cola and Britvic, have signed onto the Soft Drinks Sustainability Roadmap, a supply chain study that aims to reduce the environment footprint of the industry's products.
