Both organizations worked with consulting firm A.T. Kearney to say that food retailers and consumer products companies can save millions of dollars annually if a one-time investment of $1 million to $2 million is made. The Food Marketing Institute and Grocery Manufacturers of America urge their industries to begin incorporating electronic collaboration into their business processes.
Following the recent trend in better-for-you foods, the convenience store chain has begun selling organic cookies at 600 of its Southern California stores. The cookies are manufactured by Organica Foods, a new food company.
By incorporating layoffs and job restructuring into its plans of computer system conversions, increased efficiencies in buying goods and cost-effective internal processes, the cereal company will bring its total cost savings resulting from its acquisition of Keebler to $120 million. In related news, Kellogg announced a 35% third-quarter profit increase, helped in part by a change in accounting procedures.
The White House has acknowledged that the meat inspection system has lapses, and food safety standards are not enforced. The current system calls on the meat industry to detect and correct its own problems. The USDA is planning to position its food inspection service arm with the same presence and level of authority as the FDA.
A federal district judge has ruled fees associated with "the other white meat" program violated hog farmers' right to free speech and association. Hog farmers from four Midwestern states said the advertisements promoted their competitors' interests.