Blogs

With a fast-changing market and predictions of increased demand, lagging in adaptability and forethought will have you falling behind the pack in no time. You need to build a delivery strategy that accommodates and anticipates shifting conditions. It’s no secret that the Covid-19 pandemic has placed shipping and supply chains under severe pressure. Last mile delivery now comprises 53% of overall shipping costs, and up to 41% of total supply chain costs! This has also become the most time-consuming part of the shipping process. Unlike large-scale shipping, in which bulk product volumes are...

Modern wineries find themselves at a crossroads in 2022. On the one hand, they can stick with what they know: marketing to an aging demographic of classic wine drinkers. Or they can adapt their product strategy to include no/low-alcohol and RTD options to attract new customers. Wineries across the country could confidently call 2021 a positive year for the industry. While it wasn't groundbreaking, it wasn't detrimental either. Certainly, nobody could predict the frequency or severity of widespread food and beverage industry shutdowns in the face of the Covid-19 pandemic. Initial Covid concerns...

When operating a successful business, understanding what impacts cash flow within your organization is key. Below are several areas to help monitor your cash flow, and provide guidance on how to fix issues over time. By considering the following, you will be able to respond to changes in a timely manner and properly plan for future expenses. Working Capital McKinsey & Company shares 1 that having some basics in place around working capital can release an unexpected amount of cash. “That’s everything from the discipline around how you pay your suppliers’ invoices on time—not too early, not too...

Over and above raising your earning potential, diversification spreads potential risks over a wider base and reduces cash flow bottlenecks. And while AgriTourism can add a further revenue stream, it could also raise your main source of income—both through direct sales to the public and by putting a face to local wares. AgriBusinesses have been challenged in recent years by labor shortages, supply-chain disruptions, and transport bottlenecks, not to mention a rash of extreme weather events. For horticultural sectors in particular, inputs such as fertilizer, seed, and equipment have become...

In 2022, American AgriBusiness leaders face a reefer container shortage forcing them to once more re-examine distribution logistics. What strategies can help AgriBusiness leaders navigate the reefer container shortage and maintain profits in 2022? The Covid-19 pandemic brought global trade to a standstill. While some businesses weathered the storm fairly unharmed, knowing their products were safe in storage, others—like American AgriBusinesses—wore their concerns on their sleeves. Temperature-sensitive and seasonal products would perish if they couldn't get to the shelves and eventual...