Professional Views on Industry News and Events
Climate Change and its Impact on Soft Commodity Procurement
The increasing effects of climate change are impacting soft commodity procurement, altering the dynamics of sourcing, pricing, and supply chain management. For companies dealing in agricultural commodities like coffee, tea, cocoa, and nuts, understanding and [...]
Navigating The Specialty Food Boom
Specialty foods are more popular than ever. Consumers are looking for unique flavors, high-quality ingredients, and products that align with their values, think organically made and sustainably sourced. This growing demand means that businesses in [...]
Sourcing Ethically for Pet Food Success
When sourcing ingredients for pet food production, procuring high quality, sustainable, and scalable supplies is essential. Pet owners are increasingly concerned about what goes into their pets’ food. Businesses need to meet these expectations [...]
Procurement: The Strategic Asset For Commodity Management
The Evolving Role of Procurement: Why It’s Becoming Indispensable for Businesses In today’s rapidly changing business environment, procurement is changing from a transactional function into a strategic asset that drives value, reduces risk and improves [...]
The Healthy Pet Food Movement
Pet owners everywhere are making a shift towards healthier diets for their furry friends, and it shows. A recent report from Cascadia Capital, "Pet Industry Overview Summer 2024," highlights an impressive 20% growth in freeze-dried, [...]
Young and Brew-tiful: How Gen Z and Millennials are Driving Coffee Trends
The latest data from the NCA 2024 National Coffee Data Trends report highlights a significant increase in specialty coffee consumption, providing significant growth in the industry despite economic uncertainties. In January 2024, specialty coffee consumption [...]