Tag: Supply Chain > Page 3
FI Fast Break audio news: Dec. 8, 2021
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine New York City’s vaccination mandate, optimism within the fine-dining space, and more. The Food Institute Podcast · FI Fast Break News – Dec. …
Packaging Shortages to Impact Food Manufacturers Into 2022
Packaging shortages are fueling persistent fluctuations in food and beverage product availability ahead of the holidays, as many manufacturers source materials from overseas — and there’s no clear end in sight. “Supply chain disruptions continue …
Feds Look to Address U.S. Supply Chain Woes
The Federal Reserve reported that supply chain disruptions and labor shortages plagued many parts of the country in November, leading to rising prices across most of the nation, reported The Associated Press (Dec. 1). With …
FI Fast Break audio news: Dec. 1, 2021
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine how restaurants are rethinking delivery, grocery chains’ big boost from Turkey Wednesday 2021, and more. The Food Institute Podcast · FI Fast Break …
Supply Chain Update: Port Negotiations, Omicron Variant and Trucker Shortage
Amid surging inflation and a new coronavirus variant, here’s an update on what’s happening across the supply chain. LABOR TALKS AT WEST COAST PORTS West Coast port facility operators will open negotiations with the International …
The Rising Influence of Professional Wine Ratings
Editor’s note: Part 3 of a three-part series analyzing the current state of the wine industry. With the strong increase in online wine sales in recent years has come an equally significant increase in the …
Supply Chain Inspiring Rising Concerns in Wine World
Editor’s note: Part 2 of a three-part series analyzing the current state of the wine industry. The effects of supply chain disruptions in the global food industry are well-known and easy to identify: low inventories, …
WATCH: Chip City Brand Highlights Benefits of Owning Supply Chain
Chip City launched just four years ago, under less-than-ideal circumstances. The cookie-and-coffee chain’s CEO, Peter Phillips, had a background in construction and was largely unfamiliar with the food industry. The company started with a mere …
FI Fast Break audio news: Nov. 23, 2021
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the “Strikesgiving” trend, Thanksgiving shopping projections, and more. The Food Institute Podcast · FI Fast Break News – Nov. 23, 2021 The FI …
Analysis: Food Industry M&A Activity Shows No Signs of Slowing
Merger and acquisition activity in the food and beverage industry heated up in 2021, making up for lost time in the early days of the pandemic, but industry experts told The Food Institute the trend …
Food Industry Insiders Say Communication, Personal Connections Key for 2022
Despite rising inflation, supply chain bottlenecks, and labor challenges, the food industry should be looking forward to 2022. Additionally, collaboration, communication, and developing personal connections will be critical growth drivers. These were some of the …
Pandemic Forces Food Companies to Reevaluate Inventory Models
To stockpile or not to stockpile – that is the newest question businesses are grappling with amidst the deluge of pandemic-induced operational challenges. While fluctuating demand has left many companies holding — or in food …
An Inside Look at UPSIDE Foods’ New Cultivated Meat Center
UPSIDE Foods (formerly Memphis Meats) is opening what it says is the most advanced cultivated meat production facility in the world. The Engineering, Production, and Innovation Center (EPIC) features a 53,000-square foot campus in Emeryville, California, …
Report: Holiday Shoppers Starting Early, Spending More this Season
Holiday spending is shaping up quite differently this year, following months of COVID-19 vaccines and gradual restaurant recovery. Not only are people shopping earlier this season — with stats from NPD Group showing that 51% …
FI Small Bites: Trucking Shortage
According to the American Trucking Association, there is a serious shortage of truck drivers in this country. The Food Institute gives you the news on why the problem isn’t getting any better. Watch on! To …
Thanksgiving 2021: Buy Early, Expect Higher Prices, Look for Substitutes
Following a year of supply chain issues and inflation, Thanksgiving dinner could look a little different—and more expensive—this year. Consumer Reports found that turkey prices could go up anywhere from 10 to 15% this holiday …
Report: Cost of Breakfast Commodities Hits 10-Year High
The cost of ingredients for breakfast staples continues to rise as global food production, processing and transportation challenges collide with higher demand from the pandemic rebound. According to the Financial Times breakfast indicator, futures prices …
Cyber Risk Management – What The Food Industry Needs to Know
As Grocery Inflation Nears a Tipping Point, CEOs Weigh In
Food inflation is approaching pivotal levels in the U.S., with prices for food consumed in the home increasing 4.5% in September compared with the same month of 2020. As input costs continue to rise, more …
How Long Will Supply Chain Woes Last?
Merchants were poised for a blow-out holiday season this year. There’s just one glitch: Much of the merchandise they ordered is either stuck in ports or ships at sea because of snarls in land transportation …
Retailers Charter Vessels in Next Chapter of “Containergeddon”
Port congestion continues on both U.S. coasts and the situation won’t be resolved any time soon. To deal with the pandemic-driven slowdown of sea networks — or, as Steve Ferreira of shipping consultancy Ocean Audit describes …
Fish Supply in Jeopardy Amid Border Dispute
The U.S. is experiencing disputes over the fish supply at the Canadian border, mainly due to what’s known as the Jones Act. Here’s a look at the issues at play and how they could impact …
Why Black Friday Sales are Starting Earlier than Ever
Your calendar may say October, but retailers worried about supply chain issues are thinking Black Friday and relentlessly pushing the holiday shopping season to begin early. The news last year was filled with stories about …
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Restaurants Say Conditions Worse than Three Months Ago as Sales Slow
Over half of restaurant operators surveyed by the National Restaurant Association (NRA) say that business conditions are worse now than three months ago. At the same time, sales are sagging. Here’s a look at the …
Truck Driver Shortages Continue to Burden Supply Chains
Panic buying leading to shortages of toilet paper and other commodities took hold at the beginning of the pandemic in March 2020, and experts warn a similar situation could develop in coming months, largely due …
Warehouse Operators Get Creative to Prep for Hectic Holiday Season
As they brace for what’s expected to be intense holiday demand, warehouse operators are boosting pay, acquiring more talent, and enlisting robots, reported The Wall Street Journal (Sept. 26). TALENT ACQUISITION PUSH Demand for distribution …
California Ports Take Different Approaches to Backlogs
The backlog of ships off the coast of California has become so dire that the Biden Administration has gotten involved. Additionally, the two primary ports are exploring different strategies in trying to alleviate issues. As …
Online Grocery and Delivery Companies Find Success Owning the Supply Chain
While Amsterdam-based e-grocery platform Picnic recently made headlines by raising $707 million in a Series D funding round led by the Bill & Melinda Gates Foundation, perhaps the bigger news is how Picnic and other food …
Higher Food Prices, Lower Inventory Expected Through Holidays
According to industry experts, consumers can expect to see higher prices in the last quarter of this year in several grocery categories. Ingredient suppliers are seeing longer lead times because of issues like labor shortages …
By Sea, Rail, or Road: Supply Chain Update
Whether by sea, by rail, or by highway, the nation’s supply chain has never been more complicated. Here’s a quick roundup of recent supply chain developments, in what has become a year loaded with slowdowns. …
FI Fast Break audio news: Sept. 1, 2021
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the popularity of loyalty programs, the ascent of dollar stores, and more. The Food Institute Podcast · FI Fast Break News – Sept. …
Is the U.S. Cattle Oversupply Finally Cleared?
After a tumultuous year of COVID-related meat processor backlogs, is the U.S. beef supply finally evening out? One banking and financial services company thinks so: the U.S. oversupply of beef appears to have “finally cleared,” …
FI Fast Break audio news: Aug. 25, 2021
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine U.S. food distributors’ supply chain pain, unique new restaurant endorsement deals, and more. The Food Institute Podcast · FI Fast Break News – …
Trucking Industry Looks to Address U.S. Driver Shortage Over the Long Haul
Amid the pandemic, supply chain woes have been front and center. And while port constraints have dominated headlines, one of the biggest problems in the shipping industry has been the shortage of U.S. truck drivers. …
POULTRY UPDATE: Thanksgiving Turkeys Could Be in Short Supply
The latest industry to be impacted by supply constraints is poultry. LABOR AND SUPPLY ISSUES THREATEN HOLIDAY TURKEY AVAILABILITY A broker for Shady Brook Farms, one of the nation’s largest turkey suppliers, said in a …