Supply Chain

South Africa Finds High Prices, Lack Of Competition In Its Fresh Produce Market

South Africa's competition watchdog has uncovered barriers to entry, distorted competition and price mark-ups in its fresh produce market, according to a p...

Sustainability Needs To Work For Investors, Danone CFO Says

Decisions based on sustainability need to offer financial returns to ensure they attract investors, Danone finance chief Juergen Esser told Reuters.

Generative AI Could Significantly Improve Product Innovation, Says IBM

Generative AI could enable manufacturers to gain a competitive edge when it comes to product development, a new paper by IBM has found.

EUDR Driving Cocoa Traceability Efforts, But Some Areas Still Lacking

The EU Deforestation Regulation (EUDR) is helping to drive efforts in terms of ensuring the traceability of cocoa supplies, the Retailer Cocoa Collabo...

Jack Daniel's Maker Brown-Forman Beats Quarterly Profit Estimates On Price Hikes

Jack Daniel's maker Brown-Forman beat fourth-quarter profit expectations, as price hikes on its premium whiskey and tequila helped offset waning demand.

Primark Owner To Raise Game In Explaining Merits Of Food Businesses, CEO Says

Associated British Foods has not done a good enough job of explaining to investors the strategic logic, growth potential and value of its food businesses a...

Prices Of European Flexible Packaging Materials Rise In First Quarter

The prices of European flexible packaging materials have increased in the first quarter of 2024 due to shipping disruptions in the Red Sea.

Nestlé Reports Progress Against Net-Zero Goals, Reduces GHG Emissions In 2023

Food giant Nestlé has reduced its greenhouse gas (GHG) emissions by 13.5% in 2023, compared to its baseline year 2018, while continuing to expand it...