Collaborating to address issues across the supply chain.
The Trading Partner Alliance (TPA), a strategic effort between FMI and the Grocery Manufacturers Association focused on operationalizing business efficiencies, hosted its annual TPA Supply Chain Conference in Orlando last month. We discussed applying technology to lead supply chain disruption and transformation; automation for omnichannel selling; consumer expectations for free and easy returns; workforce development; food safety; blockchain development; and many other relevant topics.
Arguably, the most pressing issue on the minds of attendees was transportation -- because supply chain performance and reliability are imperatives for an industry working within narrow margins of 1 to 2%. Indeed, transportation accounts for a significant amount of expense in the supply chain logistics cost.
I appreciated hearing from one of my industry colleagues, Ann-Marie Daugherty, Giant Eagle's vice president of logistics, who shared the company's insights to help address industry challenges. To me, her words are at the heart of FMI's goals to embrace strong partnerships and identify solutions.
In this introspective spirit, automation, e-commerce, operating costs and capacities top the list of key performance indicators for every supply chain, and the 2018 Supply Chain Benchmark Survey highlighted below gives an analysis of these operational insights. I hope you find the study valuable.
Trading partners struggle to connect the dots between inefficiencies in the supply chain. As food retail navigates the era of digital disruption, advancements in technology have introduced new ways to capture and analyze data. Learn how better data shared between trading partners prevents out-of-stocks, improves on-shelf availability and guides product development.
Marketplace, technology and consumer trends don't happen in a vacuum. These shifts intersect all areas of food retail from the supply chain to the store shelf. As disruption moves from happening in stages to a continuum, it will take the work of a dedicated community of food retailers and supply chain partners to find solutions to inefficiencies in today's supply chain. See more.
The 2018 Supply Chain Benchmarking Survey includes the most pressing issues executives face today. Automation, e-commerce, operating costs and capacities top the list of key performance indicators for every supply chain. Here you will find the highlights and findings of this year's survey, initially presented during the FMI Wholesaler meeting at the 2018 FMI Midwinter Executive Conference.
New research from IRI and FMI shows the impact that transparency and social and cultural initiatives have had on retail sales across the US. The second installment of the 2018 Top Trends in Fresh webinar series, "Food Transparency and Social and Cultural Alignment," discusses the progress made in some areas, as well as opportunity areas for future growth. Check out the presentation or listen to the recording.
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 supply chains are evolving.
Explore how grocery retail executives view today's grocery market and which key initiatives they're undertaking to build and sustain a competitive advantage in both retail and the supply chain. FMI associate member RELEX will share its recent study, insights and tools for tackling pressing operational issues. Join the webinar at 11:30 a.m. Eastern on Wednesday, May 23.
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