Managing supply chain risk
Companies must manage their inventory in a more innovative way, according to a market analyst. One way of doing this would be to think of inventories as a liability and manage it as a risk.
Archives for April 19, 2004
Space-efficient packaging
A new rectangular PET (polyethylene terephthalate) hot-fill bottle, which allows for more efficient shipping, has been launched in the US. This could prove to be a blessing for suppliers, as shipping rates have risen 10 - 25 per cent since last spring.
Sensitech consolidates
Software provider Sensitech has acquired near all of the assets of Cox Technologies. The development demonstrates further consolidation within the food technology sector, and suggests that food manufacturers are increasingly looking for a one-stop IT...
Synthetic colours knock Sensient sales
US colours and flavours group Sensient continues to feel the impact of soft markets in North American food and beverage segments, particularly synthetic colours, posting a further drop in income for the first quarter of 2004. Pressure on colour...