Upending the apple cart. | How does your company stack up against unsaleables? | Why food retail e-commerce teams are attending Groceryshop
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September 19, 2018
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Value chain insights
Upending the apple cart.
Upending the apple cart.

Every day and at every turn, new, disruptive competitors and increased expectations from customers are challenging tried and true industry practices and our customary ways of operating. But we have choices.

We can either let others upset our apple carts on their terms, or we can work with our supplier partners to upend our own apple carts in order to see things in new ways, making the needed adjustments to create the more agile marketplace our shoppers want. FMI provides content and collaboration opportunities that can help you determine which of your carts needs to be upended.

Why collaborate? Because change, while one of life's certainties, is never easy, especially when it is coming at us from multiple directions -- geographically, demographically and technologically. There has never been a more important time for us to gather as an industry to find strength in numbers, wisdom in sharing and support through collaboration. While the topic of collaboration among trading partners is nothing new, I do see that collaboration takes much more creativity and bold thinking in a time of disruption.

Together we can face the future, creating nimbleness and efficiency. FMI offers an environment rich in resources on how best to strengthen processes and margins, including augmenting business processes with technology.

Successful consumer product and retail companies are discovering that digital transformation is about using technology to focus on the customer, not just internal efficiencies. FMI's exchange meetings can help you get this right, putting you in a position to realize the potential revenues and profits.

With signature gatherings such as January's FMI Midwinter Executive Conference, we are confident you will find the right resources, insights, stimulation and conversations to help you deftly direct your apple cart. Disruption will be a key topic throughout this conference. The event is open to FMI members and is uniquely positioned for all business models to learn, collaborate and enjoy executive-level meetings and discussions.

We hope by approaching disruption in an integrated way, our community can change its operating models and value chains, and also spot new correlations to support.

Best,
Pat
 
Opportunities in value chain
How does your company stack up against unsaleables?
How does your company stack up against unsaleables?
The Joint Industry Unsaleables Leadership Team provides strategies and educational content to help the consumer packaged goods industry reduce unsaleables. The team has recently compiled five guiding principles that should frame any successful unsaleables management program. This webinar covers these principles and also discusses how a company can assess its level of organizational maturity in unsaleables management by benchmarking against industry best practices. Speakers include Mike Boersig, manager of supply chain solutions at CHEP, and Don Ilg, director of sales operations at The J.M. Smucker Co. Listen to the recording or check out the presentation.
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Why food retail e-commerce teams are attending Groceryshop
Why food retail e-commerce teams are attending Groceryshop
Your industry peers are attending the Groceryshop event Oct. 28 to 31 in Las Vegas. There are already team members from Ahold Delhaize, Albertsons, Alex Lee, Boxed, Blue Apron, Festival Foods, Foodtown, Gelson's Markets, Grocery Outlets, Ingles Markets, Lowes Foods, Meijer, Price Chopper, Raley's Supermarkets, SpartanNash, Sprouts, Stop & Shop, Supervalu, Tawa, Thrive Market, Wegmans and more. The FMI education track will focus on the omnichannel operating imperatives. If you are interested in bringing a team of operations, technology or marketing team members to the event, apply online for the Hosted Retailers & Brands Program, which provides you with travel reimbursement and curated meetings for your group. The deadline to apply is this Friday, Sept. 21. Apply here.
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What’s your approach to managing risk?
The traditional approach to risk management, which relies on risk indicators and management programs, can't keep pace. Learn how implementing a predictive intelligence program can help your organization better prepare for and manage risk.
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Reliable resources
Transparency Imperative: Product labeling from the consumer perspective
Transparency Imperative: Product labeling from the consumer perspective
FMI, with support from Label Insight, pursued research to help define what transparency means to shoppers and how it relates to food retail purchases. The ensuing report delves into attitudes and behaviors among health-conscious shoppers and those who are digitally engaged, and reveals how they respond across generations. The report recommends the necessary steps to further embrace transparency, including relaying information beyond just ingredients, understanding the specific needs of key shopper groups, meeting the increased expectations of online shoppers and tracking changing preferences. The newly released Transparency Imperative report is now available for download. We also have three upcoming webinars to support and highlight the insights: How Do Diets and Health Consciousness Impact Transparency?, How Does Transparency Differ Across Demographic/Generational Segments? and What is the Future of Transparency in an Omnichannel World?
 
Planning for the unplanned: Real-life impacts of supply chain disruptions
Planning for the unplanned: Real-life impacts of supply chain disruptions
Learn Insights from Driscoll's, Cold Carriers and Philip Palin, an expert in supply chain resilience and catastrophe preparedness. These supply chain stakeholders (shipper, carrier and receiver) will walk you through real life events that we are all familiar with -- significant weather events, regulatory disruption and holiday surges, and how businesses can prepare for inevitable unplanned supply chain disruptions through the use of technology, network structure and carrier relationships. Listen here or download a case study on planning for disruption.
 
Next Generation Supply & Commercial Collaboration
The new world order requires collaboration between trading partners to enable mutually profitable growth by transforming the multi-channel supply chain to enhance consumer experience. Listen in on this session to hear ideas on how future state supply and commercial leadership deliver consumer-centered, end-to-end value chain. You will learn from Pam Erb, vice president, supply chain, Wegmans Food Markets; Rob Ferguson, senior vice president supply chain, The J.M. Smucker Company; Joseph Hunt, managing partner, Hunt Executive Search; and Joe Hurley, senior vice president, supply chain, Giant Eagle. Listen here.
Advertising opportunities in FMI Value Chain
Align your marketing with the topics trending among FMI's Value Chain community professionals. Download our media kit to learn more about advertising opportunities and how to reach the FMI Value Chain audience.
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Delving deeper
Learn more: Creating agility in today's supply chain
At the end of any well-executed grocery supply chain is a satisfied consumer. However, as we witness an era of unprecedented change in food retail, supply chains must become more agile to keep today's consumer satisfied. Explore ways in which the supply chain is evolving.
Webinar today: Optimizing Orders to Drive Operational, Environmental Savings
Each time a product is touched in the supply chain -- in production, on the shelf or in between -- costs and availability are impacted. One of the most significant drivers that can cause an increase in product handling is simply the way a product is ordered. Retailers stand to gain from optimizing product flow through the supply chain. Ordering the right quantities of product can impact operational costs like labor, workplace injuries, product damage, storage and floor space.

Presented by FMI and CHEP, join us as we discuss:
  • Specific operational and environmental savings that can be achieved throughout the supply chain while ensuring days-on-hand targets are met.
  • Order patterns that impact labor inefficiencies, causing product to be "case picked."
  • The importance of a stable unit load.
This free webinar will be held today at 2 p.m. Eastern. Register now.
The future of food safety
The internal and external food safety challenges facing manufacturers will continue to evolve and expand as the complexity of the supply chain increases, regulations change, and consumer demands increase. Explore what innovative solutions are in the market to manage these challenges.
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Food Marketing Institute proudly advocates on behalf of the food retail industry, which employs nearly 5 million workers and represents a combined annual sales volume of almost $800 billion. FMI has almost 1,000 food retail, wholesale member companies, 85 international member companies and almost 500 associate member companies. For more information, visit www.fmi.org.
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