LOGISTICS AND SUPPLY CHAIN IN F&B

What we overlook is the fact that the food and beverage (F&B) business is highly reliant on the proper set of supply chains and logistical operations. A restaurateur may ensure that their patrons are satisfied by serving them food that is prepared with the freshest ingredients. This panel concentrated on the logistics and supply chain, a far less-discussed food and beverage ecosystem component.

Manufacturers of food and beverages are under pressure from several points throughout the value chain. The force that retailers are under the most strain is a direct outcome of the industry's ongoing power transfer from producers to retailers. More and more market share and power are being concentrated in fewer retail chains due to ongoing grocery and other retail channel consolidation, giving them more clout when negotiating terms with their food and beverage suppliers regar ing pricing, services, and supply chain technology. Companies in the food and beverage industries are aggressively battling for growth, market share, and profitability while dealing with this demand from their retail clients. Nevertheless, companies are engaged in fierce competition to wring out little market share gains, sometimes at great expense to marketing and developing novel products. Seymone Moodley moderated this panel, which included several well-known industry figures like Sooraj Mathew, Marwan Khalife, and Tarek Almuhanna.?

The conversation covered the following topics:?

• The numerous supply chain responsibilities and what we have been doing in the logistics and supply chain ecosystem of the food and beverage industry.
• The main challenges we face in the F&B industry across all of the industries we service, including perspectives from commercial and F&B project management.
• The company's development outlook, as well as our objectives to fulfil the industry's increasing expectations.
• The facilities and systems required to provide the highest levels of food handling, safety, and storage.
• A discussion on the creation of a supply chain for food and beverage firms.
• portant factors to consider while selecting suppliers, clients, or partners.
• Difficulties that consumers confront when selecting vendors.
• How logistics companies and food and beverage establishments ensure that the proper product is available when needed while also addressing environmental concerns. (For instance, recent news about a brief increase in the price of eggs and poultry items that affected you).
• Understanding the present food waste scenario from where each of us operate.
• Logistics' contribution to establishing food security.
• A few of our sustainable projects or plans.
• Technological changes that have affected the logistics and supply chain sectors.
• The future of food in the perspective of our numerous responsibilities.?

Sooraj Mathew

Head Of Commercial - Al-Futtaim Logistics, says...

In the logistics industry, we don't own the products, so we have to create strategies that help us across industries. Even in the food and beverage industry, there are a variety of temperatures to consider: frozen, refrigerated, fresh, finished, ready to eat, defrosting, etc. So, determining where we will be adding sustainability in return needs a substantial quantity of data, which we have been gathering over the previous few years with short-term gains.

Other panelist

Marwan Khalifé, Business Development Manager - LogSquare

Tarek Almuhanna, Owner & Founder - Swissknife Consultancy

Panel moderator

Seymone Moodley, Editor in Chief - Hotel & Catering News ME

Source Credit: Logistics News ME - April 2023 - Construction Business News Middle East (cbnme.com)

https://www.cbnme.com/logistics-news/logistics-news-me-april-2023/?