Key findings shaping the food and beverage industry this year and the strategies you need to ride the optimism wave in a balanced, effective way. Data taken from Food Processing magazine’s 2015 Manufacturing Trends Survey.
Asian Food Scandals, Dangerous Factories and Lack of Social Compliance. Hot Topics in Q3 2013 for anybody sourcing (or consuming) products from China, Bangladesh, Vietnam, India and the rest of Asia. Social Accountability is this quarters hot topic.
AI 2015 Q1 Barometer: Cheap Labor Came at a High Price in 2014QIMA
Increased global supply chain transparency in 2014 revealed shocking statistics on the number of forced and child laborers worldwide, while workers across Asia faced consistently hazardous Health & Safety conditions.
ab 219 unit 1 assignment marketing philosophies new,ab 219 unit 2 assignment movie insights inc new,ab 219 unit 3 assignment barclays bank new,ab 219 unit 4 assignment u drive transport new,ab 219 unit 5 assignment bon vivant organic gourmet new,ab 219 un
This quarter's AsiaInspection Barometer dives deep into the the current state of affairs in manufacturing and trade across the globe, with a special focus on the US and China. Visit http://www.asiainspection.com to find out more.
CSR, it's Becoming Harder to Hide. China Growth Hits New LowQIMA
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Asian Food Scandals, Dangerous Factories and Lack of Social Compliance. Hot Topics in Q3 2013 for anybody sourcing (or consuming) products from China, Bangladesh, Vietnam, India and the rest of Asia. Social Accountability is this quarters hot topic.
AI 2015 Q1 Barometer: Cheap Labor Came at a High Price in 2014QIMA
Increased global supply chain transparency in 2014 revealed shocking statistics on the number of forced and child laborers worldwide, while workers across Asia faced consistently hazardous Health & Safety conditions.
ab 219 unit 1 assignment marketing philosophies new,ab 219 unit 2 assignment movie insights inc new,ab 219 unit 3 assignment barclays bank new,ab 219 unit 4 assignment u drive transport new,ab 219 unit 5 assignment bon vivant organic gourmet new,ab 219 un
This quarter's AsiaInspection Barometer dives deep into the the current state of affairs in manufacturing and trade across the globe, with a special focus on the US and China. Visit http://www.asiainspection.com to find out more.
CSR, it's Becoming Harder to Hide. China Growth Hits New LowQIMA
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AsiaInspection Q4 2017 Barometer: Manufacturing Peak Season Brings New Qualit...QIMA
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We recently conducted a survey amongst retails to look at the Evolution of Black Friday over the last 5 years. To where it is currently and what retailers see it's path in the next 5 years.
Some of the highlights show:
- 80% of retailers operate their stores between 8-12 hours during Black Friday
- 60% of retailers don't operate Cyber Monday deals
- Over 50% of retailers increase their staffing levels during Black Friday
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Grant Thornton LLP partnered with the Asset Management Group of the Securities Industry and Financial Markets Association on their newly updated Asset Manager Guide to SOC 1 Reports. The 2015 update provides an overview of SOC 1’s current landscape and guidance for developing an asset manager’s description of the system of client-facing controls.
The 2015 survey uncovers the latest issues organizations are facing as they respond to risks, assess the effectiveness of their risk mitigation activities and gain a deeper understanding of what they are doing to address cybersecurity.
Our 2015 Financial Executive Compensation Survey with the Financial Executives Research Foundation—This survey examines the growth in executive salary both in the public and private sectors as well gives an exclusive look into the salaries of financial executives across the US.
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We surveyed more than 350 manufacturers to find answers to these questions and more. Here you'll find key findings and data charts to help you benchmark your own efforts.
Unrelated business income (UBI) can involve significant labor in accounting and documentation efforts, but the payoffs can be rewarding. The route to the payoffs must be followed carefully to keep on the right side of the IRS, whose scrutiny of UBI continues to intensify.
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Learn more - http://gt-us.co/1aDc2t1
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AsiaInspection Q4 2017 Barometer: Manufacturing Peak Season Brings New Qualit...QIMA
As the holidays approach and manufacturing peak season has started in sourcing powerhouses throughout Asia, AI data on inspection and audit demand reflects the overall trends in the region.
We recently conducted a survey amongst retails to look at the Evolution of Black Friday over the last 5 years. To where it is currently and what retailers see it's path in the next 5 years.
Some of the highlights show:
- 80% of retailers operate their stores between 8-12 hours during Black Friday
- 60% of retailers don't operate Cyber Monday deals
- Over 50% of retailers increase their staffing levels during Black Friday
A Better Retailing Climate April 30 LaunchJane Milne
Retailers recognise the need to act on climate change. This sector-wide initiative addresses business risks and consumer needs, setting sector targets for delivery.
Jane Milne, director of business environment at the British Retail Consortium, presents at the CBI climate change sectoral exchange workshop on 13 February 2009
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While organizational objectives can be achieved by establishing one-off partnerships and informal collaborations, some not-for-profits have elected
to expand impact by formalizing relationships via an M&A (Mergers & Acquisitions) strategy.
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Grant Thornton LLP partnered with the Asset Management Group of the Securities Industry and Financial Markets Association on their newly updated Asset Manager Guide to SOC 1 Reports. The 2015 update provides an overview of SOC 1’s current landscape and guidance for developing an asset manager’s description of the system of client-facing controls.
The 2015 survey uncovers the latest issues organizations are facing as they respond to risks, assess the effectiveness of their risk mitigation activities and gain a deeper understanding of what they are doing to address cybersecurity.
Our 2015 Financial Executive Compensation Survey with the Financial Executives Research Foundation—This survey examines the growth in executive salary both in the public and private sectors as well gives an exclusive look into the salaries of financial executives across the US.
Benchmarking data: Innovation and growth in U.S. manufacturingGrant Thornton LLP
How do American manufacturers innovate today? Is it through product, process or business models – or all three? And how is innovation infused throughout day-to-day business decisions?
We surveyed more than 350 manufacturers to find answers to these questions and more. Here you'll find key findings and data charts to help you benchmark your own efforts.
Unrelated business income (UBI) can involve significant labor in accounting and documentation efforts, but the payoffs can be rewarding. The route to the payoffs must be followed carefully to keep on the right side of the IRS, whose scrutiny of UBI continues to intensify.
Research shows only 30% of organizations see their change management as successful. Here are 3 key areas to focus on to enable change.
Learn more - http://gt-us.co/1aDc2t1
Recommendations for supporting population health include motivational, organizational and personnel components most important to creating and sustaining a collaborative partnership.
FASB changes to the nonprofit financial reporting modelGrant Thornton LLP
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Regulatory scrutiny has significantly increased and has prompted banks to develop complex models at the lowest level of granularity to capture the impact of economic cycles. Segmentation is one of the first steps in establishing a quantitative basis for the enterprisewide scenario analysis of stress testing.
After the acquisition: 5 steps to manage the tax processGrant Thornton LLP
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It is growing increasingly important for not-for-profit boards,
finance committees and management to expand their view of
their organization’s financial performance.
The SEC & FINRA released their priorities for 2016 examinations. Asset management firms need to review + update their policies, procedures and business activities to reflect both sets of priorities so they can strengthen business practices and prepare for potential exams.
Compliance implications of crossing the $10 billion asset thresholdGrant Thornton LLP
Since the passage of the Dodd-Frank Act, small regional banks have been forced to rethink their growth strategies as they inch closer to the $10 billion assets threshold. Here’s guidance on navigating the new regulatory field.
As companies seek avenues to manage liquidity, state and local tax (SALT) is an area that can be easily overlooked. Consider these strategies to maintain adequate cash flow in difficult times.
Blend instinct and solid data for overseas investment decisions Grant Thornton LLP
Soft power and instinct are driving overseas real estate investments, say the specialists interviewed and data analyzed for Grant Thornton International Ltd’s new report, Uncovering Opportunities for Overseas Investment and Growth. However, relying on instinct alone — without the assistance of hard evidence and on-the-ground advice — can lead investors away from emerging areas of opportunity.
By aligning technology with business strategy and understanding how the organization must adapt, companies can optimize the impact of their cloud investments. Companies can use four criteria to determine where the cloud can deliver the most value.
Learn more from our Cloud resource center - http://gt-us.co/1BQYYqp
The key findings from the 2015 manufacturing trends survey shaping the food and beverage industry this year and tips for riding the optimism wave in a balanced, effective way.
5 major opportunities awaiting manufacturers and their CFOsGrant Thornton LLP
It’s an exciting time to be in manufacturing. Revenues are on the rise, employment is up, and with potential for increased profits, today’s manufacturing CFOs understand that their role goes beyond the bottom line. A fall 2014 Grant Thornton LLP survey of 350 CFOs explored some of these burgeoning possibilities. This infographic identifies C-level insights about how to make the most of them.
Find out more about our survey at grantthornton.com/valueaddCFO.
Midyear 2015 pia webinar final for attendeesAndrew Coleman
H1 2015 coupon trends (January - June)
Can send you a dropbox link if you'd like to the hear the narration & slight trash-talking of our in house counsel.
Executive Summary
Supply chain management it is now three decades old. The processes are maturing. With the increase in complexity in markets and new product launch, supply chain excellence matters more than ever.
Manufacturing and distribution companies are looking for insights on how to parlay advances in supply chain management into balance sheet results. This is the goal of this report.
This report is a summary of research conducted during 2015. It provides a short summary of the major insights gathered from six quantitative and four qualitative studies. For more in-depth analysis reference the full reports outlined in the appendix.
Driven by a strengthening economy, restaurant industry sales a.docxjacksnathalie
Driven by a strengthening economy, restaurant industry sales are expected to hit a record high in 2015. According
to the National Restaurant Association’s 2015
Restaurant Industry Forecast, restaurant-and-
foodservice sales are projected to top $709
billion, up 3.8 percent from 2014.
In inflation-adjusted terms, industry sales
are projected to increase 1.5 percent in 2015.
Although 2015 will represent the sixth
consecutive year of real growth in restaurant
sales, the gains remain below what would be
expected during a normal post-recession
period.
The restaurant industry employs 14 million
individuals in one million locations, and
remains the nation’s second largest private
sector employer. The restaurant industry will
outpace total U.S. job growth for the 16th
consecutive year in 2015, keeping the industry
among the economy’s leaders in job creation. In
the next decade, restaurants will add 1.7 million
new positions.
For details, visit Restaurant.org/Forecast.
2015 Restaurant Industry Forecast
EXECUTIVE SUMMARY
SALES & ECONOMIC FORECAST
Adding It All Up: $709.2 billion
Projected restaurant industry sales in 2015
*Eating places include tableservice restaurants
and quickservice restaurants, cafeterias and
buffets, social caterers, and snack and
nonalcoholic beverage bars.
Eating Places*: $471.1 billion
Bars and Taverns: $20.6 billion
Managed Services: $49.5 billion
Lodging Places: $36.7 billion
Retail, Vending, Recreation, Mobile: $70.2 billion
Commercial Restaurant Services $648.0 billion
Noncommercial Restaurant Services $58.5 billion
Military Restaurant Services $2.7 billion
Present
Restaurant Industry’s
Share of the Food Dollar
25%
47%
1955
Restaurant Industry Sales
(In Billions of Current Dollars)
*projected
$709.2
$42.8
$119.6
$239.3
$379.0
$586.7
2015
1970
1980
1990
2000
2010
*
*projected
RESTAURANT INDUSTRY
EMPLOYMENT
2005
2015*
2025*
12.2
million
14.0
million
15.7
million
TABLESERVICE TRENDS
WORKFORCE OUTLOOK & TRENDS
1 Arizona 23.8%
2 Florida 22.4%
3 Texas 22.0%
4 Georgia 21.1%
5 Utah 21.0%
6 North Carolina 20.5%
7 South Carolina 18.6%
8 Alaska 16.1%
9 Colorado 15.7%
10 Alabama 15.3%
11 Arkansas 14.7%
12 Oregon 14.7%
Source: National Restaurant Association
Tableservice Restaurant Segment Sales Growth
Nominal Sales Growth Real (Inflation-adjusted) Sales Growth
Source: National Restaurant Association; *projected
2012 2015*2013 2014
3.4%
0.7%
2.4%
0.1%
2.8%
0.4%
2.9%
0.6%
Tableservice Operators’ Outlook
for Sales and Profitability in 2015
Better Than 2014
About the Same as 2014
Down From 2014
Source: National Restaurant Association, Restaurant
Trends Survey, 2014
Tableservice Sales in 2015
Family Dining Fine DiningCasual Dining
56%
36%
7%
58% 61%
35%
4%
36%
1%
Tableservice Profitability in 2015
Family Dining Fine DiningCasual Dining
48%
39%
12%
46% 45%
56%
7%
33%
10%
Significant
challenge
...
GT Events and Program Guide is a look ahead at the latest knowledge and insights available from Grant Thornton LLP. It includes a collection of our research, thought leadership and a schedule of upcoming webcasts and events.
GT Events and Program Guide is a look ahead at the latest knowledge and insights available from Grant Thornton LLP. It includes a collection of our research, thought leadership and a schedule of upcoming webcasts and events.
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GT Events & Program Guide: ForwardThinking October/November 2017Grant Thornton LLP
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Real Estate Industry Success: Build, Transform and Protect Value into 2020Grant Thornton LLP
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Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
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Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
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3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
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2015 Food and Beverage Manufacturing Trends Survey: Optimism with a side of hope
1. 2015 Food and Beverage
Manufacturing Trends Survey
Optimism with a side of hope
grantthornton.com/2015foodtrends
2. 2
INTRODUCTION
Every year, Food Processing magazine's Food and
Beverage Manufacturing Trends Survey examines
the leading trends shaping the food and
beverage industry.
What's noteworthy about 2015 and beyond?
And, more importantly, how can your company be
successful?
3. Trend #1: Optimism permeates
the industry.
3
INTRODUCTION
76% are optimistic about 2015,
up from 67% in 2014.
5. Trend #3: Companies are hiring.
5
INTRODUCTION
36% are planning to hire new staff,
up from 31% in 2014.
View the infographic >
6. Compared to the prior year,
in 2015 food and beverage
manufacturers expect to:
6
INTRODUCTION
• Expand in-house technical training
• Hire more line operators for
semiautomated tasks
• Outsource more job functions
7. But finding skilled talent is
a persistent challenge.
7
INTRODUCTION
1 in 3 companies plan to partner with
community colleges and participate in
campus recruitment to boost hiring
efforts.
See what else companies are doing
to boost hiring >
9. Of course, innovation and
automation require spending.
9
INTRODUCTION
Case in point:
46% are planning to increase
capital spending, up from 37%
in 2014.
10. Trend #5: Sustainability
matters.
10
INTRODUCTION
1 in 3 companies say green initiatives are
more important in 2015 than in 2014.
Top 3 energy management strategies
Reductions in electricity usage 39%
Efficient lighting 29%
Energy usage monitoring 18%
11. Trend #6: Food safety
remains leading issue.
11
INTRODUCTION
But companies embrace more action,
less talk than last year:
• More than twice as many companies report
IFS Food Standard certification.
• Fewer say food safety is their top concern.
Get the numbers >
12. How does your food and beverage
company stack up against those trends?
Talk to us to find out more about the changes that are
shaping the industry in 2015 and beyond.
12
Dexter Manning
Practice Leader
Food and Beverage
Grant Thornton LLP
T +1 404 475 0061
E dexter.manning@us.gt.com
Jeff Pera
Managing Partner
Northern California
Grant Thornton LLP
T +1 415 365 5490
E jeff.pera@us.gt.com