For every dollar consumers spend on food, only 7.8 cents goes to farmers — a record low that reflects shifts in how Americans eat, according to the Department of Agriculture.
When cybersecurity firm Malwarebytes started automating its quality assurance testing last year, it knew that the move could put more than four dozen employees out of work.
Freight-hauling firms slowed their roll in ordering new trucks last month, as backlogs at equipment factories spiked following record demand for new vehicles in the first quarter.
Despite the continued buzz around the potential for blockchain technology to enhance data security in the supply chain, the airfreight industry has seen a slow start to creating tangible application. But last week, Chinese e-commerce giant Alibaba put its word into action by premiering its own blockchain-encrypted platform, the Food Trust Framework.
The supply chain is about much more than simply getting products from point A to point B. In many cases, it’s a company’s lifeblood of success — something that can make or break a corporate image. When a supply chain is customer-focused, well-leveraged, and cost-effective, the financial benefits can move from simply good to extraordinary.
Challenge: Security was a priority for a leading logistics provider designing a large, new facility. The team had outlined a comprehensive physical security solution including IP video with integrated access control along with intrusion detection — all managed via a single video management solution (VMS) interface.
The rapid expansion of discounters Aldi and Lidl — whose share of the grocery market has rocketed from less than 4 percent a decade ago to nearly 13 percent today — has hit all traditional supermarkets. But the industry’s biggest fear is Amazon.
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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