The solution analyzes product spend, vendor contracts and commodity market intelligence to identify sourcing opportunities, streamline process and expand supplier collaboration.
U.S. companies including Coca-Cola Co., Whirlpool Corp. and Caterpillar Inc. confront the need to reverse bloated stockpiles of products after inventories surged across corporate America.
The nation’s biggest grocer has partnered with a Texas cattle rancher and other industry-related businesses to provide a steady supply of no-hormone-added Angus beef to 500 of its U.S. stores.
Nobody profits when drivers wait in the loading dock of a distribution center for teams to load or unload their trucks. It costs everybody in food retail. The Federal Motor Carrier Safety Administration estimates “detention time” costs trucking companies $3 billion a year and, if you carry that over to the larger economy, the price the public ultimately pays is closer to $6.5 billion a year.
In the country’s fragmented retail market, where 90 percent of food is sold through informal outlets, tech startup Twiga Foods is trying to create efficiency to lower food prices.
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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