According to new data by Unleashed, the index reveals confectionery businesses were one of the top five industries to slash its lead times since the most challenging phase of the pandemic, dropping by 40.96% between 2020-21 and 2021-22.
The chocolate supplier’s 60k-square-foot, green-certified facility – located in the northern town of Lokeren – should open in the third quarter of 2021.
The chocolate industry should report and reduce emissions in their cocoa logistics chain, which is contributing to air pollution and climate change, says The Smart Freight Centre.
Confectionery companies should collectively push suppliers to make traceability the norm rather than a premium service, as it is the only way to guarantee sustainable cocoa and palm oil, says The Forest Trust.
Mondelez International reached its 2015 goal of sourcing 100% RSPO-certified palm oil for all its purchases last year – two years ahead of schedule, the company has said.
Archer Daniels Midland (ADM) and Wilmar International Limited have launched Olenex, a joint venture for the sale and marketing of refined vegetable oils and fats in Europe.
Singapore based Olam International is to acquire UK confectionery fats supplier Britannia Food Ingredients (BFI) along with a logistic services component for £33.5m ($50m)
Nestlé France has outsourced its supply chain transport to Geodis
for the next three years,under a contract that guarantees the
Switzerland-based agrifood giant guaranteed performancetargets.
Success is increasingly being dictated by how well a company can
control its supply base and mitigate supply bottlenecks and
liabilities, claims a new report.