My home city are Super Bowl Champions now, but I respect their opponent's degree of success over the last 17 years and 5 Super bowl wins. I guess 'you can’t win them all' applies to them. Five years ago we talked about the disruptive and transformational parallels. Change is moving even faster and will continue to increase its pace as technology continues its exponential growth.

The Digitizing of America

The digital world is moving ever more rapidly. As recently reported by the Specialty Food Association:

Seventy percent of consumers will regularly purchase consumer packaged goods online in five to seven years, according to the Food Marketing Institute and Nielsen's Digitally Engaged Food Shopper study. The firms estimate that by 2022, consumers could be spending $100 billion dollars a year on online grocery, or the equivalent of every U.S. household spending $850 online for food and beverage annually.


We reported how the ordering of food products digitally will change the landscape of grocery shopping. A friend to mine is working with Shipt, an online ordering firm that was bought by Target for $550,000,000 in December, so they can utilize the Uber delivery model to get in the quick delivery game. They announced the first city to use that service will be Minneapolis right in time for the Super Bowl. To tap into that large number Target is getting ready for the changes to come.

If that wasn’t enough Tyson, the food processing giant ($37B) in the Protein segment, is joining in the disruption with their investment in Memphis Meats along with wealthy people like Bill Gates and Richard Branson. Plant based protein that will change the way the world eats.  According to Quartz:

The meat industry is on the verge of disrupting itself.

America’s largest meat company, Tyson Foods, this week (Jan. 29) announced it’s going to dip its toes into the world of cell-cultured meat, known in the food industry as “clean meat.” Tyson’s investment into Oakland, California-based Memphis Meats, shows the factory-farming behemoth is embracing the idea that, in the future, meat may not have to come from a live animal.

Tyson throwing its weight behind Memphis Meats means a lot to the industry. It’s one thing for a startup food company to successfully develop an impressive product in a laboratory, but to scale that product and have it distributed across the consumer market is often just as daunting a challenge. Big meat companies can help clean-meat startups overcome that hurdle by tapping into their well-established distribution networks and existing relationships with major retailers.

My Company was recently acquired by CAi whose CEO Jim McCooey said at the time of purchase:

“For small to medium food distributors and processors running QuickBooks, we will continue to enhance, market and support the Food Connex Cloud package.

In 2004 I was interviewed by Philadelphia Business Journal to talk about the evolution of our company, Food Connex, in that article I discussed the next big wave in computing,

Looking ahead, Hernandez-Cuebas would like to spend the next three years developing Internet-based software strategies, scaling down the kinds of solutions being offered today to large corporations.

"It's a buzzword, but there is real cost-effectiveness there. The Internet just takes cost out of things. It is just tremendous," he said

The final note on the digital trend is below where it is shown how Cloud based solutions bring bottom line changes to all small to medium businesses.

 

 

 

Issue 640 - Everything Cycles.

Transformation and disruption was a topic in an article in the Sunday Philadelphia Inquirer. I read about the demise of Sears & Roebuck titled The Big Stumble. They believed they had no competitors. The New York Times dubbed them "The Amazon of the gilded age." Those of us in the baby boom generation remember Sears.  As a young boy I remember thumbing through the catalog, dreaming of what I could buy if I had the money.

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