How retail should manage food price inflation
The UK is in the midst of surging inflation rates and food prices have been one of the main areas affected. The food inflation rate has risen significantly over the last year, although it...
The Downing Street Farm to Fork Summit: 5 industry outcomes
What started life as just another leadership race promise to address rising food costs came to fruition today when UK Prime Minister Rishi Sunak held his first Farm to Fork Summit at Number...
Using analytics to mitigate cost rises: the role of data-driven procurement in the global food industry
The current cost-of-living crisis in many markets has left food and drinks businesses facing significant blows to their bottom line. Procurement teams are at the sharp end of this...
The cost of new product development: how to integrate agility into innovation
New product development (NPD) is the lifeblood of global food manufacturing. Through the successful development of innovation, food and drink businesses can build brand awareness, reach...
Balancing budget cuts and food safety management strategies
The critical role of food safety management systems (FMS) is a key component of your enterprise. In most instances, you’re legally required to have a food safety management system and you...
Why ESG and sustainability should be prioritised in the food industry amid economic uncertainty
The cost of living crisis has significantly impacted consumer priorities. More than half of households (57%) report spending less on essentials to manage rising bills across food, fuel and...