Amid a booming economy, United States Business Logistics Costs (USBLC) rose 11.4% to reach $1.64 trillion, or 8% of 2018’s $20.5 trillion gross domestic product (GDP).
June 18, 2019
Amid a booming economy, United States Business Logistics Costs (USBLC) rose 11.4% to reach $1.64 trillion, or 8% of 2018’s $20.5 trillion gross domestic product (GDP).
AFFI president and CEO Kraig Naasz announced his intent to resign at year’s end to become president and CEO of Distilled Spirits Council of the United States. Meanwhile, SUPERVALU's president and CEO Sam Duncan announced plans to retire, effective February 2016.
The realities of supply chain disruptions have become top of mind for executives in every industry. Sub-standard and unsafe working conditions, product shortages due to extreme weather-related events and the discovery of counterfeit or contaminated components are examples where companies have encountered risks that ultimately affect their ability to serve their customers. The food industry is no different.
Beth Ford, executive vice president, chief supply chain and operations officer for Land O’Lakes, Arden Hills, Minn., talks with Refrigerated & FrozenFoods about the logistics of the supply chain industry and how food production continues to experience great growth.