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Language: English
 

Rethinking Supply in Food and Beverage
 

Company:

A.T. Kearney
Food and Beverage Strategic Supplier Relationships


Global pressures on the food and beverage industry will only increase in coming years. More strategic supplier relationships will ensure you are ready for the changes.

Amid rapidly transforming supply-and-demand pressures—from a growing middle class in developing markets to increasing weather volatility—the leading food and beverage companies are rethinking their supplier relationships. Are the current suppliers prepared to apply new technology, adequately control sources of supply, and respond quickly in today's dynamic, global marketplace? Do sourcing agreements favor short-term price advantages over long-term sourcing availability and security? Are supply partnerships adeptly managing increasing regulations on food safety, sustainability, and ingredient traceability? Are the right partnerships in place to deliver innovation to tomorrow's consumers?

Considering these difficult questions, the time is now to reconsider the future of your food products portfolio and assess the agricultural constraints that you might face in the coming years. Most will have to scale up or collaborate with suppliers to secure supply sources.

 



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