Trouble viewing - View online January/February 2014, eNewsletter
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    Quick Bytes - Business News At A Glance
 
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Veolia Unveils True Cost Of Water
The methodology focuses on the financial implications of water-related risks for companies.
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Global Partnership To Tackle Food Security
Supported by the World Bank, the program’s mission is to create a new paradigm of public-private collaboration for food safety capacity building.
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Singapore Hosts Worlds Of Healthy Flavors Asia
The two-day event brought together key players to share findings on healthier food choices without compromising Asian cultural preferences and flavours.
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IFF Makes Indonesian Investmenth
Over US$50 million will be invested in the company’s flavours operations in Jakarta, Indonesia, which will include a new creative centre.
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Olam Announces Vietnam Expansion
Upgrades to the Vietnam spice processing facility include advanced technologies such as cryogenic milling and sterilisation and pasteurisation systems..
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FAO Says Global Food Prices Are Steady
For the second consecutive month, the cost of food worldwide remained nearly unchanged.
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    Event
ProPak Vietnam

The 9th edition of ProPak Vietnam will be held from March 4-6, 2014, at the Saigon Exhibition & Convention Center in Ho Chi Minh City, Vietnam.
Last year, the show attracted 7,556 trade visitors from 36 countries. The event includes PharmaTechVietnam and Lab&TestVietnam that focus on the country's growing needs for pharmaceutical processing and packaging machines, technology and services, and laboratory, analysis and measurement equipment respectively.

 
    Must Read APFI Articles!
 
Maximising Through Optimising

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  Image by snowpea&bokchoi
 

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4pad Why is it that after investing hundreds of thousands of dollars in a shiny new enterprise resource planning (ERP) system, you still find yourself looking at spread sheets when trying to figure out the best plans for production, purchasing, inventory and distribution, decisions that have a huge impact on your bottom line?

The truth is that most ERP systems simply were not built to cope with the challenges of a food company, which are quite different from other companies, such as a car manufacturer. Most ERPs struggle with things like managing shelf life, finding the ideal batch sizes, maximising yield or dealing with reverse recipes and/or reverse material requirement planning (MRP).

The tools most companies use for planning today, such as MRP, older generations of advanced planning and scheduling (APS), or even the most common approach, manual planning in spread sheets, all have one thing in common: they do not offer the planner any kind of ‘intelligent’ decision support, but are based on simple, pre-defined rules (or ‘heuristics’ as they are sometimes referred to).

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Functional Food: Perception Vs Reality pic5

Food is an essential part of our lives, and consumer interest in foods and beverages that may provide benefits beyond basic nutrition, or ‘functional foods’, is thriving. These foods for health may consist of a variety of food components and provide additional health benefits that may reduce disease and/or promote optimal health.

These can include, for example, the naturally healthful components in fruits and vegetables, whole grains and fibre in certain breads and cereals, calcium in milk, and fortified foods and beverages such as vitamin D fortified orange juice.

Dietary supplements can also contain health promoting functional components. As seen in previous years, the majority of Americans believe that foods have specific health benefits and remain interested in learning more. However, understanding what motivates consumers beyond interest to action is essential to help consumers obtain the benefits of functional foods.

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    Focus
pic8 Gaining Ground In New Markets

Walk into a supermarket these days and it is not uncommon to find noodles from South Korea, sauces from Japan, soup mixes from the US, and snacks from Germany—all in the same aisle. This is the result of today’s global trading environment.

Buoyed by greater economic growth and technological advancements, manufacturers are no longer serving their domestic markets alone, but extending their reach to the rest of the region and the world. This has been made much easier with the increasing number of Free Trade Agreements (FTAs) in effect, which has connected Asian manufacturers to major economies and new markets.

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