A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up.
Keith Daniels, partner with Carl Marks Advisors, relates how the food supply chain — both on the restaurant and grocery sides — fared during the pandemic, and what permanent changes the industry is likely to experience in the years ahead.
A crack in a bridge over the Mississippi River has stranded more than 700 barges, cutting off the biggest route for U.S. agricultural exports when the critical waterway is at its busiest.
Bettaway Supply Chain Services, an integrated material handling, transportation, and supply chain management company, has announced the launch of an automated ‘variety pack’ processing line that can quickly custom-assemble, shrink-wrap and label cases.
Jonathan Havens and Kermit Nash, partners in the law firm of Saul Ewing Arnstein & Lehr LLP, review the experience of the food and beverage industry in the pandemic, in the form of lessons learned and possible permanent changes to the supply chain.
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.”
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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