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Practical Insights (Blog)

Feeding Future Demands: Using Data Analytics to Drive Down Food Waste

Now more than ever, buyers and suppliers are under pressure to cut down on waste in order to reduce costs, improve return on investment, manage resource scarcity and reduce the environmental impact of operations. Joseph Esteves, VP Industry Partner and Nathanael Powrie, VP Data Analytics at Maine Pointe discuss the vital role food waste management plays in the future of supply chains.

A recent United Nations report, How to Feed the World in 2050, found that food production may need to increase up to 70% by 2050 to feed the 9.7 billion people who will live on Earth by that time. Reducing waste and ensuring healthy and sustainable products are becoming hot topics in a bid to protect our planet and its inhabitants. Meeting these challenges will necessitate extensive changes to the traditional food supply chain. This will place buyers and suppliers under increasing pressure to cut down on waste to lower costs, improve return on investment, manage resource scarcity and reduce the environmental impact of operations.

Topics: Data Analytics Food & Beverage

Due Diligence to Acquisition to Rapid Results: First 100 Days

Accelerating measurable value, reducing risk and driving successful integration post M&A

According to surveys, 70-80% of all integration projects fail to deliver the anticipated value. This is mainly due to firms not having a clear and aggressive strategy for integration from day one (or even before). Evidence suggests that the first 100 days are critical to long-term value creation. As a result, a 100-day plan is now a part of the closing stages of almost every M&A and PE transaction and integral to any strategy to increase valuation within a relatively short period of time.

Topics: mergers and acquisitons operational due diligence Private Equity Food & Beverage

Be a Brexit Winner: 4 Steps Every Food and Beverage CEO Can Take

How has more than a year of uncertainty impacted the F&B industry anwhat can executives do now to sustain and grow their business? 

Michael Kirstein, Vice President, Europe, at Maine Pointe, discusses the impact the June 2016 referendum has had on the industry and outlines 4 steps CEOs can take to prepare to do business in post-EU Britain.

Topics: Food & Beverage Brexit

It’s Shrink or Swim in the Retail Food Sector

Shrink is not really a measure of asset protection. Shrink precisely measures organizational effectiveness and should be considered as a direct measure of a CEO’s leadership abilities.

In today’s environmentwhere the retail food industry is suffering from deflationary pressures, e-commerce margin pressure, talent wars and a saturated market, generating the expected return is becoming harder and harder. For the CEO, changing the lens on how we view shrink should be a solution to building a legacy of confidence and certainty.

Topics: Shrink Food & Beverage

Cutting Out the Middleman in Global Sourcing

Disintermediation or ‘cutting out the middleman’ is an important issue in modern supply chain management and could even be the key to the future success of your business. Intermediaries may make life easier, but they also limit your ability to secure the best deal with the best suppliers at the best price. However, while moving away from agents and brokers can lead to lower costs, it can also add to the complexity of your procurement function.

Topics: Strategic Procurement Food & Beverage

Organizational Change: Is Your Organization's Culture Stuck in a Rut?

Even the most successful companies can find themselves stuck in a rut when it comes to their organizational culture. You may be communicating well with your stakeholders but, if your internal communication isn’t up to par, performance will undoubtedly suffer.

Topics: Food & Beverage Strategic Procurement Organizational Change

Food Processing: The road to operational excellence & improved profitability

The pressure is on for the food processing industry. To maintain market share, mitigate risk and drive top-line growth, companies need to successfully overcome an increasingly complex set of challenges. These include a lack of transparency in the supply chain, falling commodity prices, fluctuations in the price of crude oil and a scarcity of available talent with the capability to drive change.                              

Topics: Total Value Optimization Food & Beverage

Margin Improvement in Your Multi-Unit Restaurant

The vast majority of restaurant industry CEOs and brand owners are fully aware that consistency is the key to success. Guests expect to have the Brand Promise met regardless of location. However, senior executives frequently struggle to ensure that the fundamentals of restaurant management are being consistently applied across their brand.

Topics: Total Value Optimization Food & Beverage