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The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain

Arkestro

From keeping food on the table during a global pandemic to maintaining adequate inventory during the war in Ukraine, the sector has become well versed in managing risk and working around the unexpected. In the food and beverage space, market volatility is impacting the container shipping industry and leading to increasingly variable costs.

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Procuring Thanksgiving Dinner: What’s on the Table for the Food and Beverage Industry

Arkestro

While this is hardly surprising given the broader economic climate of uncertainty, increasing costs can mean more strapped budgets for consumers (and therefore, less sales for food and beverage industry companies). Most Thanksgiving food purchases will be made the week prior to and the week of Thanksgiving.