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Food Waste is a Big Problem That Can be Solved

DELMIA Quintiq

The holiday season has started and for most cultures, this means enjoying food with family and friends. Food traditions differ a lot across different holidays (e.g. but the meals have one thing in common—there is always excess food and leftovers. Food waste has become a major global problem with real consequences to the planet.

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No Trash Talk Allowed

Supply Chain Shaman

While all leaders can agree that they want more assets and less trash, there is confusion about the best metric. ROIC: Colgate and other consumer products companies swear by the Return on Invested Capital (ROIC) metric. The more work that I do on metrics, the more I become a fan of ROIC. Note how different the numbers are.

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Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) The company invested in multiple beauty brands and sold off food products.

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Editor’s Choice: What Supply Chains Must Overcome to Deliver on the Consumer Promise

Logistics Viewpoints

Nearly eight in 10 (78%) consumers consider food waste, likely out of a desire to minimize spending. Lower-income consumers and those using food assistance programs care the most about food waste as a purchase driver—again, suggesting it is a response to higher prices.”

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Why I No Longer Believe in the Gartner Supply Chain Top 25

Supply Chain Shaman

The AMR Top 25 was the first methodology that tried to connect financial metrics with supply chain excellence. It elevated the discussion on supply chain excellence and drove more discipline and rigor in the use of financial metrics. See how different the progress is on this metric by industry? The intent was good.

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Stop Food Waste Day 2023

Enterra Insights

Tomorrow, 26 April 2023, is international Stop Food Waste Day. According the Stop Food Waste Day website , “Stop Food Waste Day is the largest single day of action in the fight against food waste. Food waste only exacerbates the challenge — and it’s everywhere. ” Why all the fuss?

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A New Decade: Give Science A Chance

Supply Chain Shaman

The first story is about a large regional food manufacturer. It is my hope that we can side-step political discussions demonstrated in my stories and ground the problem solving in scientific methods to understand the properties of data, the potential of supply chains through modeling, and the alignment of metrics.