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Benchmarking the Food Industry Supply Chain Ecosystem
The food industry is emerging from post-pandemic supply chain disruptions; however, there is much work needed to restore supply chain equilibrium. There continue to be ongoing disruptions creating demand forecasting challenges and supply chain fulfillment volatility.
2020 was a challenging year for the food industry supply chain, with many disruptions requiring enhanced trading partner collaboration and an industry-wide coordinated response to address high inflation, volatile consumer shopping behaviors, softening demand, labor shortages, the war in Ukraine, extreme weather conditions and challenges associated with product allocations...