Laura Magee’s Post

It's ⏰ to embrace collaboration and innovation to enhance efficiency, sustainability, and profitability across the #supplychain! The question isn't whether we can afford to pursue this collaborative future, but whether we can afford not to. Verdant Technologies’ Nicholas Fruge details how collaboration benefits #foodlogistics at the #linkbelow! ⤵

The path ahead is fraught with challenges, set to reshape the industry in ways yet unseen. But for those equipped with the right strategy and a belief in the immense potential of the future, this journey promises to be exhilarating. Find out more: https://lnkd.in/eNWAsmgP

Key Technology and PPM Technologies Merge Sales and Service Operations This article discusses the merger of sales and service operations between Key Technology and PPM Technologies, providing food processors with enhanced support and comprehensive solutions across the Americas, Australia, and New Zealand. https://lnkd.in/eceMU84y

Major food chains need to keep reinventing their business model to maintain relevance, especially given the recent traffic declines the sector has been experiencing. #CustomerCentricity #CustomerExperience #DesignThinking #BusinessModels #HumanCenteredDesign #Innovation #Ideation #InnovationAcceleration #InnovationManagement #LeanDevelopment #ProductCreation #ProductDevelopment #ProductInnovation #ProductLifecycleManagement #LCM #R&D #Technology #turnaround #restructuring #strategicpartnerships #consultingservices  #strategicthinking #marketintelligence #strategy #strategic #capitalraising #capitalization#capital #innovateforchange #fundamentals #innovativesolutions #possibilities #sustainabilty #sustainableinvestment #businessconsulting #strategicplanning #consumers #businessmodel #bethechange #fundraising 

🚀 𝐇𝐨𝐰 𝐁𝐢𝐠 𝐅𝐨𝐨𝐝 𝐢𝐬 𝐒𝐡𝐢𝐟𝐭𝐢𝐧𝐠 𝐅𝐨𝐜𝐮𝐬 𝐟𝐫𝐨𝐦 𝐃𝐢𝐬𝐫𝐮𝐩𝐭𝐢𝐨𝐧 𝐭𝐨 𝐂𝐨𝐫𝐞 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 & 𝐅𝐫𝐨𝐦 𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐭𝐨 𝐁𝐮𝐲𝐢𝐧𝐠 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 In recent years, Big Food has been making strategic shifts to stay competitive in the ever-evolving market. Here are the key points from our latest blog: - 𝐁𝐢𝐠 𝐅𝐨𝐨𝐝 𝐢𝐬 𝐬𝐥𝐚𝐬𝐡𝐢𝐧𝐠 𝐢𝐧𝐭𝐞𝐫𝐧𝐚𝐥 𝐑&𝐃 𝐛𝐮𝐝𝐠𝐞𝐭𝐬 𝐭𝐨 𝐟𝐨𝐜𝐮𝐬 𝐨𝐧 𝐜𝐨𝐫𝐞 𝐛𝐫𝐚𝐧𝐝𝐬. - 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐚𝐫𝐞 𝐬𝐡𝐢𝐟𝐭𝐢𝐧𝐠 𝐟𝐫𝐨𝐦 𝐛𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐭𝐨 𝐛𝐮𝐲𝐢𝐧𝐠 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬. - 𝐄𝐱𝐭𝐞𝐫𝐧𝐚𝐥 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 𝐚𝐧𝐝 𝐚𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐚𝐫𝐞 𝐧𝐨𝐰 𝐭𝐡𝐞 𝐠𝐨-𝐭𝐨 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲 𝐟𝐨𝐫 𝐬𝐭𝐚𝐲𝐢𝐧𝐠 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐞𝐯𝐨𝐥𝐯𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭. Read more about how R&D intensity peaked in 2016 and is down 33% in EU, and how these industry giants (with examples from Nestlé, Mondelēz International, AB InBev, General Mills) are adapting their strategies to maintain profitability and drive growth. https://lnkd.in/eCiWc4eE Do you agree? Disagree? What have been your experiences? #FoodInnovation #BigFood #R&D #CorporateStrategy #Innovation

As Illuminate Growth Partners mentioned in Part 1 of our series, we remain in a challenging business climate, but opportunities are out there for businesses that build a resilient foundation and focus on business fundamentals. As this article highlights, they exist even for small, emerging brands in attractive categories. Keep this in mind as you head into Expo West next week. #emergingbrands #expowest2024 #foodandbeverage #innovation #cpgindustry #IlluminateGrowth https://lnkd.in/gjWs67Re

To drive deals to a favorable outcome, you must understand what the self-esteem and ego needs of the other party are. You must leverage these delicate considerations in a subtle and nuanced way. If you play it wrong, you may appear transparent and insincere, losing the momentum you worked hard to build. Here's a scenario: RefreshCo, a food beverage company, is in discussions with GreenWrap, a supplier of sustainable packaging solutions. Emily Chen, RefreshCo's procurement director, is known for her commitment to environmental sustainability and preference for eco-friendly packaging materials. While GreenWrap meets her standards for environmental stability, RefreshCo can accommodate Emily’s ego needs through the following actions: 1) Recognize her authority and status. GreenWrap acknowledges her role as a leader in the space, championing the adaptation of sustainability and eco-friendly packaging materials in the food and beverage industry. 2) Get her involved. GreenWrap provides opportunities for Emily to collaborate and offer input on the design and technical aspects of the product. Her contributions are given top priority and implemented with respect for her competence and expertise in the industry. What does this strategy accomplish? → It caters to Emily's desire to be recognized as an environmental sustainability champion within the food and beverage industry. → It demonstrates respect for her competence and expertise in procurement and sustainability. → It reinforces her authority and control over the project and acknowledges her as the key decision-maker. Emily is more likely to advocate for GreenWrap's solutions within her organization, as they closely align with her personal and professional aspirations. That then increases the chances of pushing the deal across the finish line. **** Hi, I'm Jonathan, and I help businesses optimize their profitability through strategic execution of buying and selling initiatives. Each week, I'll be sharing an expert negotiation strategy to increase your leverage. Visit my profile, follow me, and hit the bell to get these tips every week. You can shoot me a DM with your questions too!

Key Technology and PPM Technologies Merge Sales and Service Operations This article discusses the merger of sales and service operations between Key Technology and PPM Technologies, providing food processors with enhanced support and comprehensive solutions across the Americas, Australia, and New Zealand. https://lnkd.in/e5mD7PyV

When we say we're "redefining Private Label," what we're talking about is revolutionizing the way consumers experience quality and affordability. Our co-founder and VP of Sales, Andreas Schneider, shared in a recent interview with FoodNavigator the immense potential of private label done right: "When you do private label right, it is an opportunity to offer really high-quality items at the most affordable and accessible price point." In today's world, where every dollar counts, this rings truer than ever. But it's not just about the bottom line – it's about fostering partnerships, driving innovation, and embracing sustainability. From Fair Trade certifications to pushing the boundaries of what's possible, we're committed to creating economic and social value, at every corner. Find the full interview with Food Navigator here: HTTPS://https://lnkd.in/eJAVpjwD

June 5th 🚀 for v2 (soon to be named something else). Super excited to share a screen shot from the new product below.... Looking to connect with food/bev emerging brands supply chain pros to 1) see if we can help 2) if we can, let's discuss 3) if we can't, let's trade a #startuplife story and part as friends. Eliminate #supplychainpain