Best Practices in Procurement for 2024

Procurement is essential in many aspects other than just cutting costs. Procurement teams are drivers of innovation and growth for retailers because they are meeting with suppliers and developing valuable relationships, says Marijn Overvest, Founder of Procurement Tactics. In an interview with host Edgar Elzerman, Overvest explains the intricacies of strategic leadership in procurement and the benefits for both retailers and suppliers. AI and sustainability are at the forefront of procurement trends this year. CLICK HERE FOR FULL INTERVIEW. Click here to download video.

The Changing Dynamics of European Retailing

Consumers remain cautious in their buying behaviour yet still demand product innovation. Retailers, in turn, are divided between declining margins and the pressure to increase investment. It is predicted that more will turn to Artificial Intelligence for help. Judith Kolenburg discusses the implications for private label and what to expect from grocery retailers in Europe. In other news, NoLo drinks – alcohol-free and low-alcoholic beverages – are getting attention. Hans Kraak reports on this upward trend which aligns with consumers’ shift towards healthier lifestyle choices. Click here to download video.

Mintel’s 2024 Food & Beverage Industry Outlook

While the industry took a conservative approach to innovation last year, 2024 is bringing new opportunities resulting from interesting consumer behaviour shifts. Ayisha Koyenikan, Associate Director at Mintel Food & Drinks, reveals three critical food, beverage and foodservice trends and recommends how retailers and manufacturers can take action. CLICK HERE FOR FULL INTERVIEW. Click here to download video.