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Think Tank
Food & Beverage: Page 132
Soaring Agave Prices Give Mexican Tequila Makers a Headache
In the heartland of the tequila industry, in Mexico’s western state of Jalisco, a worsening shortage of agave caused by mounting demand for the liquor from New York to Tokyo has many producers worried.
For Bezos, Buffett and Dimon, a Health Push Years in the Making
It’s a stronghold of insider Washington, a place where billionaires and former presidents mingle in black-tie splendor.
Nobody Thinks About Cargo Insurance — Until $1M Goes Up in Smoke
Challenge: The operations vice president of an oil and pipeline construction company recently admitted there was a time when he wondered if his company’s cargo insurance policy was worth it. The company sources goods from around the world, moves cargo by multiple modes and runs a supply chain through some of the world’s most high-risk countries. Thanks to meticulous packing and some good luck, they'd had very few supply chain incidents over 11 years. Until that summer, a few years back. That June, a truckload of welding equipment heading to Moscow caught fire. The $809,000 shipment was a total loss. One month later, a cargo ship carrying two of the company's containers, worth $150,000, caught fire. Those containers were also total losses.
Traditional Retailers Struggling? It’s Not All Amazon’s Fault.
If you want an explanation of why brick-and-mortar retailers are struggling today, industry observers say, look no further than Amazon. But there’s more to the picture than that.
The Growth of Exclusive Brand Labels
Increasingly, the old, functional ways of operating across the supply chain are working less effectively. New ways of working have emerged, which put collaboration at the heart of establishing a powerful rapport with the consumer. Successful retailers understand this. The new creed is to work more effectively and efficiently, both internally and externally, to derive more value from the supply chain and, crucially, to get closer to the customer. -Nancy Marino, Senior Vice President, Tompkins International, and Chief Development Officer, MonarchFx
'Is It Shoplifting If It’s Not the Customer’s Fault?': Amazon Go Raises Questions for the Retail Industry
“Just walk out,” say the signs at the entrance and store windows at Amazon’s newest concept store. “No lines. No checkout. (No, seriously.)”
Meat Pulled From Restaurants, Hotels in Supplier Hygiene Probe
Restaurant chains have been forced to cancel dishes and switch suppliers after food hygiene problems were uncovered at a meat company.
How Brick-and-Mortar Retailers Can Survive in the Age of Amazon
As Amazon tightens its grip on the modern-day consumer, you have to wonder: Do traditional brick-and-mortar retailers have any future at all?
Union Pacific CEO: Train Braking Technology Is Clogging the Railway
Union Pacific Corp. says new technology meant to prevent train accidents is causing congestion on the railway.
Trump’s Solar Tariffs Are Clouding the Industry’s Future
At this century-old farm just outside Durham, symmetrical rows of shining blue solar panels have replaced the soybeans and tobacco that Tommy Vinson and his family used to grow here.
From Cars to Cows, Here’s Where Nafta Talks Stand on Big Issues
Negotiations to modernize Nafta are in their sixth round with few signs of a breakthrough, even as President Donald Trump continually applies pressure by threatening to withdraw if the U.S. can’t get its way.
Evian Plans Transition to 100-Percent Recycled Plastic Bottles by 2025
Evian will have 100-percent recycled plastic bottles for all of its water by 2025, the water brand’s parent company Danone announced. In order to achieve this, Evian’s strategy involves collaborating with startup Loop Industries to redesign its packaging, Reuters reported.
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