U.S. companies face soaring bills for all kinds of materials that they need to do business — and surging demand is helping them pass on those higher costs to their customers.
“This is a very volatile environment right now, very low visibility, lots of surprise,” said Nestle Chief Executive Mark Schneider. “We will take pricing action.”
Sixty percent of global consumers cite sustainability and social responsibility as essential considerations when choosing which products to buy. They look to their preferred food brands to make the best decisions, but are those companies looking out for their consumers’ best interest?
By better managing the dynamic interaction among the three main players within the supply chain — logistics, suppliers, and buyers — sellers can save money for customers and lessen the environmental impact of the supply-chain industry.
Russia’s food retail industry — specifically, suppliers of products, packaging and materials — is better equipped for sustainability following the publication of comprehensive sustainable packaging recommendations by the country’s largest operator of supermarkets and convenience stores.
A discussion about the implications of President Biden’s executive order on the review of critical supply chains with two experts from Kroll Inc.: Daniel Hartnett, associate managing director with the Compliance Risk and Diligence Practice, and Stacy Scott, managing director in the Cyber Risk Practice.
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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