Sunday, at the Fancy Food Show for opening day, as I was going through the booths I mentioned to my companion, “The show seems quiet, but it is opening day.” In today’s newsletter we’ll discuss that phenomena and what it might mean for the food industry at large.

Over the weekend we saw a lot of fireworks in the food industry.  The digital transformation we talked about just two weeks ago in our June 8th Spring Update is rushing forward. The ups and downs are on the move again thanks to a gamble by Amazon's CEO Jeff Bezos.

 

We ended last week's newsletter saying, "I have concluded that these Companies aren’t really digital firms but are Companies that use digital to transform the current business model into a different model...We have talked about transformation in markets and now these transformations will disrupt the method we get and deliver our food products." 
Today let’s look at the big 2 in Food Service and see what they’ve done with food phone ordering technology.

 

"USING THE PHONE APP TO ORDER IS EASIER THAN DIALING THE PHONE"
Lee Marvel, President of Stanley Marvel, Inc.

We all know how things can change in business and it was just back in February we discussed how food product delivery would change. Driving through South Jersey on Monday I could look at the empty malls and see physically how the Internet has changed shopping. Today we will focus on two players in this new market, one going up and going down in business.

I won't say my phone has been ringing off the hook, but I have been getting calls from some of my processors who know the date for compliance is quickly approaching. This week will will reprint our article of over a year ago to warn our readers again.

Ten years ago we talked about returns and how they can affect your ability to do inventory management. It is not a surprise that only 20% of distributors keep accurate perpetual inventory on their computer software. A lot of effort can be spent on buying and selling. But let’s discuss again what is really Eating your Margins.

 

As a young boy in Oklahoma, from '60 to '64, my favorite teams were the Bud Wilkinson's Oklahoma Sooners and Vince Lombardi's Green Bay Packers. Vince always said that football was just blocking and tackling, and the team that did it best won. That is why Paul Hornung could run that same famous sweep, and everybody knew what it was, but he scored anyway. Your business is the same.

Last week we talked about the 'for profit' sharing of data, but how about people that want your data for food safety?  We identified that Shifting Liability can make or break an organization during a recall, and guess what... people want your data for those same reasons. Let’s explore the data demands of safety related organizations today.

Why do Buying groups or FoodService Companies want your data? There are many reasons for that, and today we’ll explore how a few of those reasons can (or cannot) profit your business. They almost all want to see your data, some as a right to sell to them or getting vendor rebates.



Issue 586 - Where have all the people gone?

Sunday, at the Fancy Food Show for opening day, as I was going through the booths I mentioned to my companion, “The show seems quiet, but it is opening day.” In today’s newsletter we’ll discuss that phenomena and what it might mean for the food industry at large.

Read more ...