The food industry is faced with a number of challenges – a world population that is rapidly growing and becoming more affluent is taking a growing share of available resources. Shortages of basic commodities are pushing raw material prices ever higher. Manufacturing margins are under extreme pressure as consumers demand products of better quality, a greater selection and a higher level of customer service. At the same time, consumers and regulators require food producers to take greater responsibility for their impact on their environment – governments are starting to motivate companies with tax breaks for positive action on environmental issues.
To overcome these circumstances, executives of food companies should strive to answer to several key questions, such as:
- How can we enter in an emerging market?
- How can we differentiate our brands from private retailers?
- How safe is our supply chain?
- How can we improve integration of our supply chain with retailers’?
- How can we implement a global purchasing organization?
How CBE transforms Challenges into Results
CBE’s global food industry practice partners with food companies in order to:
- Set up a strategic entry plan in an emerging market;
- Improve brand recognition in order to spur customer loyalty;
- Identify and mitigate supply chain risks;
- Design and implement a highly integrated and flexible supply chain; aimed to reduce costs and improve customer service;
Design and implement global purchasing processes, organization, methods and tools.