Retailers and manufacturers are facing re-alignment strategy initiatives as their supply chains adjust to the ongoing evolution and disruption of major market disruptors such as Amazon and shifting consumer shopping habits. To meet the market’s demands, companies are continuously revisiting their network strategies to ensure their existing operation is up-to-par and if not, determine what investments in processes, equipment and infrastructure are needed.
As customers continue to set increased expectations around transparency and energy-conserving efforts, incorporating corporate social responsibility (CSR) is becoming a market differentiator.
US import tariffs imposed on steel and aluminum affect countries such as Canada, Mexico, members of the European Union, and China who are major trading partners. In response, some of these countries have imposed retaliatory tariffs on US exports.
Topics: Tariffs on US exports
Let’s face it, millennials are an elusive bunch with mass appeal. Roughly 80 million strong, this digitally-savvy, culturally-diverse group is poised to transform nearly every facet of the U.S. economy. Spending nearly $600 billion a year in the U.S. alone, Gen Y continues to alter how businesses operate, affecting the ways we buy and sell. And today, it’s the frozen food industry that’s reaping the benefits of the millennial dollar.
The supply chain and logistics industry remains an overwhelming male dominated sector. According to Gartner survey analysis, though women account for 50 to 55 percent of the U.S. workforce, only 35 percent of supply chain employees are female.
According to the Centers for Disease Control and Prevention, 1 in 6 Americans get sick from eating contaminated food each year. From farm to table, food contamination can happen at any point during the process and understanding the role temperature plays in keeping food safe is critically important.
Very soon, the noshing will commence as Americans tune-in to one of the most highly anticipated sporting events of the year – the Super Bowl. As fans, true and fair weather alike gather to watch the New England Patriots take on the Philadelphia Eagles, the National Retail Federation and Prosper Insights & Analytics reports that in 2018, consumer spending for the Super Bowl is predicted to be up 8.5 % year over year.
As 2017 comes to a close, the dynamic nature of the food and beverage industry continues to shape organizations. According to Statista, 2017 revenue in the food and beverages industry including fresh and packaged foods, fruits, vegetables, pasta, snacks, sweets, refrigerated and frozen food; soft drinks and alcoholic drinks in the U.S. is approximately $13,855 million, a number that's expected to reach $25,889 million by 2022.
It’s the time of year again when food brings festive cheer, when families travel near and far the holidays are here.
Topics: holiday season
It’s that time of the year again where tables are heavy-laden with hearty food and home-made recipes. The air is crisp and the seasons have changed. The nostalgia of the holidays is looming and America’s second favorite holiday is recently behind us.
Family dinners have become synonymous with festive celebrations and such seasonal traditions often bind us to our menu must-haves, making these joyous occasions oh so special.
Topics: holiday season