Onus on dairy companies to improve sustainability in processing and product development – Yili

With the dairy sector already facing criticism from concerned consumers and NGOs over greenhouse gas emissions, methane production, animal welfare, unsustainable production and more, Yili believes that the responsibility to overcome these criticisms lies with the dairy companies within the sector. “Dairy companies should take the initiative to shoulder their responsibilities towards sustainability,”Yili Group CEO … Read more

McCormick reveals spicy innovation key to snacking growth in Indonesia

According to McCormick’s recent Indonesia consumer snacking survey conducted on over 400 consumers, innovation with spice and heat has emerged as the most popular area drawing consumer interest. “It is clear that more Indonesians today are snacking, with about 60% of participants telling us that they picked up this habit of snacking more during the … Read more

Finance expert discusses far-reaching ripple effects from Hurricane Ian

WICHITA, Kan. (KWCH) – While the nation’s focus is on Florida and efforts to help millions directly impacted by Hurricane Ian, the effects aren’t confined within the storm’s path. Florida is a large contributor to the US economy. The Sunshine State has the fourth highest domestic gross domestic product (GDP) in the US and in … Read more

Redefining The Value Of Sales To All Professions

While money is a factor, in almost every sales transaction there is at least one person who is … [+] looking for a need (or desire) to be met. In selling a product, service or experience, salespeople are helping to meet that need. getty Gregory Scott is the Director of Partnerships for the Ralph and … Read more

Good Paying Jobs And Revitalized US Manufacturing

The Inflation Reduction Act is not just historic climate policy, its historic jobs policy, capable of creating an estimated 9 million jobs over the next ten years according to the Blue Green Alliance. But what kind of jobs will they be? For the very first time, Congress is using clean energy tax incentives to not … Read more

Gartner Survey Shows 74% of Supply Chain Leaders Expect Circular Economy to Increase Profits Through 2025

A recent survey by Gartner, Inc. found that 74% of supply chain leaders expect profits to increase between now and 2025 as a result of applying circular economy principles. On average, supply chain organizations have been applying circular economy principles for three years to approximately 16% of their product portfolio. Gartner experts are discussing the … Read more

Ajinomoto targets alternative proteins and frozen foods growth after leadership shake-up

Ajinomoto elected its new President and CEO Taro Fujie into office in January this year, and recently released its first annual report under his leadership, renamed from its traditional ‘integrated report’ into the ‘ASV Report’, with ASV representing the firm’s sustainability and growth strategy ‘The Ajinomoto Group Creating Shared Value’. In this report, the firm … Read more

Dow drops over 300 points as Fed decision looms over market, Treasury yields jump

US stocks traded lower early Tuesday as the Federal Reserve prepared to kick off its two-day interest-rate-setting meeting, with a profit warning from Ford Motor Co. the latest example of the supply chain woes still hitting companies. What’s happening The Dow Jones Industrial Average DJIA, -1.33% dropped 327 points, or 1%, to 30,694. The S&P … Read more

Accelerated NPD strategy reaps rewards for Chinese dairy giant Yili

According to the firm, its total revenue and net profits reached ‘new heights’​ this year, rising 12.3% year-on-year in revenue to hit CNY63.5bn (US$9.2bn) and 15.4% year-on-year in profits to hit CNY6.1bn (US$890mn) in the first half of its 2022 financial year (ending August 30th​ 2022). “Yili’s milk powder and dairy products business overall achieved … Read more

Walmart India team playing key role in innovation: CEO Doug McMillon

Walmart’s global tech team in India is playing a key role in developing many innovations for the world’s largest retailer. These range from automating warehouse management, store modernization to improving customer experiences. One of the innovations built by Walmart’s global tech team in India is ‘Element’, an intelligent and collaborative platform. It will democratize access … Read more