Kraft Heinz playing catch up in supply chain efficiencies

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One of the world’s largest food producers, US behemoth Kraft Heinz is set to shake-up its supply chain and procurement practises in a bid to save around $2bn, according to Food Business News. Senior executives have admitted that costs in its giant supply chain have gotten out of control and have identified around $1.2bn in savings from procurement and another $800m from manufacturing and logistics efficiencies. “We were not able to implement productivity initiatives to offset cost inflation. So, we ...