Consumer Packaged Goods
Top stories summarized by our editors
9/18/2019

Managing modern consumer goods supply chains is demanding, but measuring supply chain performance should be simple. It isn't yet -- because of an inconsistent approach to the critical OTIF metric. Consumers expect products to be on the shelf. The US food retail industry loses an estimated $15-20 billion in sales every year because items are out of stock or otherwise unsaleable. That's around 2-3% of its total sales. The main operational challenge for the consumer sector is to achieve high levels of on-shelf availability, while keeping supply chain costs down and inventories under control. Read more.

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mckinsey.com
9/18/2019

One trend emerging at the center of food retail store design is the micro-fulfillment center, a new automation in the industry. Although small, as the name implies, these warehouses are well equipped to autonomously fulfill online orders -- fast and efficiently. Micro-fulfillment offers an end-to-end solution plugging into any grocery store's already existing network and making e-commerce profitable. Learn more.

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fmi.org
9/18/2019

The food industry is very familiar with food recalls, and retailers and wholesalers execute multiple food recalls each week. Two high profile and market crippling consumer advisories last year from the FDA and CDC for romaine lettuce not only captured the attention of food safety professionals but captured the attention of individuals outside of food safety. Entire business operations and individuals at all levels -- from store associates to CEOs -- and most importantly, customers were impacted. Find out more.

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fmi.org
9/18/2019

In today's "prosumer" world, consumers are placing greater pressure on suppliers and retailers to raise their standards and performance with regards to how products are made and who makes them. Product sourcing is a supply chain responsibility and the accountability rests on the shoulders of many people, companies and governments. The Safe Quality Food Institute's Fundamentals Factors for Social Responsibility Standard (F2SR), based off ILO (International Labor Organization) guidelines, includes provisions to mitigate against forced labor. Read more.

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fmi.org
9/18/2019

Dawn Food Products is launching the Digital Innovation Hub tasked with designing digital services for bakery clients. The Boston-based facility is recruiting several experts in digital transformation for its leadership team, says Bob Howland, Dawn's chief digital officer.

9/18/2019

Studies find that despite more consumers reporting they want healthy food and beverage options, their buying decisions are fueled by taste and familiarity. One way brands can navigate this dichotomy is to promote a product's indulgent qualities, as well as the fact it is a healthier option, says Alison Rabschnuk, director of corporate engagement at the Good Food Institute.

9/18/2019

Consumers have until Nov. 10 to guess Oreo's Mystery flavor, with clues available on the packaging. The campaign is earning significant media attention, writes Catie Perry, as those who participate in the promotion and submit the correct guess have a chance to win $50,000.

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Fox Business
9/18/2019

Keurig Dr Pepper is building a $200 million production and warehouse facility in Allentown, Pa. The project will support the beverage company's efforts to expand and update its supply-chain networks, according to Fernando Cortes, Keurig Dr Pepper's chief supply officer.

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Dr Pepper
9/18/2019

In honor of the first home Sunday Night Football game for the Cleveland Browns in 11 years, Pepsi has created 1,100 orange bottles with "Believeland" printed on the label. Pepsi will hand out the bottles during a tailgate event at the stadium Sunday.

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Pepsi, Cleveland Browns, football
9/18/2019

McDonald's has debuted an outdoor advertising campaign in Sweden that put bee hotels on the back of a billboard to give them a home and raise awareness of bees' importance to the food chain. Some McDonald's restaurants in Sweden have beehives on their rooftops, and all Swedish McDonald's franchisees will have the chance to create bee hotel billboards with customized messaging, the company said.

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Newsweek
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McDonald