Today’s global supply chains are so complex that merely identifying all of the parties involved in getting product to market, especially where there’s the potential for fraud, can be hugely difficult. So why not just cut out those intermediaries and deal directly with the actual supplier of raw materials?
When COVID-19 erupted 21 months ago and upended retailers around the world, it looked like just another chapter in the sad story of an industry’s decline. The reality of the pandemic era, however, hasn’t played out that way.
Mince pies. Latkes. Eggnog. Tamales. As extended families the world over plan holiday celebrations again, they’re encountering a harsh reality: Traditional foods, especially those sold for a limited time in even a normal year, are significantly costlier in 2021 — if they’re even available at all.
In 2020, the average cost of Thanksgiving dinner for a family of 10 was $46.90 per person, an all-time low. Fast forward to 2021, and Thanksgiving was the most expensive on record.
In recent trips to the grocery store, consumers might have noticed that package sizes are shrinking while prices remain the same, or in some cases increase.
Just as firms wrestle with a global supply chain crisis and fresh pandemic restrictions, companies in the U.K. and European Union face another looming headache: More post-Brexit red tape.
How has PepsiCo Beverages of North America, with more than $22.5 billion in net revenue, 65-plus manufacturing sites and 420 distribution centers, managed to keep operations going during the COVID-19 pandemic?
The latest supply-chain news, analysis, trends and tools for executives in the food and beverage industries. Learn how food and beverage companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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