IFMA recently released an e-book to share learnings on its Supply Chain Optimization (SCO) best practice which was created by nearly 50 leading foodservice organizations. Learn how you can enable collaboration among your trading partners to foster more effective communication, improve visibility, and deliver tangible outputs.
On April 20th, representatives from the 50 member organizations of IFMA’s Supply Chain Optimization (SCO) development board gathered in Chicago for the second of four in-person meetings. The development board continues to progress in developing a best practice framework and model that will be used by the operator, manufacturer and distribution communities in creating a more efficient and effective supply chain.
At the top of operators’ pain points? Labor costs. Labor-related issues represent the single biggest challenge operators face. Labor will absolutely impact the strategies and direction your customers take in the future. Supply-chain partners who can offer solutions to address labor are more likely to drive profitable sales. Success can move a supplier from a transactional vendor into a collaborative partner.
IFMA in partnership with Kinetic12, HAVI and Datassential are orchestrating a Supply Chain Optimization (SCO) initiative that is the first of its kind in the foodservice industry. Forbes contributing editor, Kate Vitasek, wrote about the progress of the effort and the impact this new best practice can have on the foodservice industry.
The U.S. market is becoming increasingly saturated for many leading foodservice brands. Many have recently shared their plans for international foodservice business development and expansion. International restaurant expansion comes with a host of challenges for all constituents: manufacturers, operators and distributors.