We have spent a lot of energy over the years talking about transformation and taking advantage of opportunities. In February we touched on movement in the Plant-based Protein market. Well time to get the latest update on the financial side of that business and how it is penetrating the current businesses you sell to.

In my post-holiday business reading I caught some information about the new Industrial revolution.  The upcoming revolution will remake our economy in ways more transformational than the Internet did back in the 90’s. We will look at some of those factors and how they will affect us in the Food Community.

A prospect recently challenged me to show a return on investment of two to two and a half years. For the majority of my career a 'good' return on investment (ROI) was two years, a great return was one year, and an unbelievable return was six months.  Today with our SaaS offering we're seeing customers regularly returning on their investment in four to five months, so it may be time to revisit how we think about ROI calculations.

The current unemployment rate continues to lower and is at 4%. With the struggle to get skilled workers you need to hang onto the ones you have. Still cutting costs is always a priority for the lower margin food business. We’re going to dust off the archives again to take another look.

I remember how funny David Letterman's Top Ten List was, and also getting a point across.  Today I'll dust off the archives to do a top ten that isn't a funny, but hopefully drives home the point about inventory. Last newsletter we discussed the turn and earn ratio, now we'll hit the top ten ways to improve that key business number by lowering AVERAGE INVENTORY.

Being that a lot of vacations are happening right now I thought it would be a good time to re-publish our turn and earn issue that we did back in 2005. Although it's an older News Letter it's one that shows you how good your inventory is doing from a profitability standpoint.

As promised I will spend this NL on the Fancy Food Show. Last Sunday, July 1, I spent the day at the FFS in NYC. The heat was only a blistering 99 degrees and it was a little quiet at the show. Let’s discuss that and the other topics relevant to our markets.

 

It is that time of the year and I am gearing up to attend the Fancy Food Show on Sunday.  We are looking forward to the show since I have been attending for over 15 years and it is very enlightening.  Today's newsletter is inspired by an article I read on the Specialty Foods Associations site about the desired restructuring of Food Safety. Let’s check this out.  See you at the show.

Olin Thompson's concept of the Fatal Flaw in Software was featured in our newsletter about thirteen years ago. Today we will modernize that article with more current information.

Eight years ago I authored a buyer's guide for food systems. One of the factors that has not changed is the process that must be taken to implement positive improvements. Now that I’m a 6 month veteran of CAi I want to share the expanded definition of ERP systems I've learned and recap some of the critical points required to be successful.

Issue 636 - Is that really meat?

We have spent a lot of energy over the years talking about transformation and taking advantage of opportunities. In February we touched on movement in the Plant-based Protein market. Well time to get the latest update on the financial side of that business and how it is penetrating the current businesses you sell to.

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