Yesterday, it was reported that MillerCoors and Anhauser-Busch are raising their beer prices due to rising “commodity” costs. The brewing giants control 80% of the US market share.
In their coverage, the LA Times reported:
“Like other food manufacturers, brewers have been hit by commodity price increases in recent years, but have not been as aggressive about [...]
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Tags: beer·commodities·procurement·recession·supply market dynamics·supply risk
Despite popular belief, even beer sales are vulnerable to recession. So faced with dropping demand and competition from an increasingly consolidated industry, it’s delicious refreshing to see Carlsberg making prudent spend management decisions that should help them through the downturn and position them for the rebound.
According to Carlsberg CEO Jorgen Rasmussen:
“Our underlying assumption is that [...]
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Tags: beer·buyer's market·EMEA·recession·Services Procurement·spend management·supply market dynamics
The global economy can do a lot of things to a man…but if you threaten to mess with his job AND his beer, that may just be the last straw. By many of the reactions - from TV and barstool talking heads to the 31,000 member Facebook Group protesting the deal - the InBev purchase [...]
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Tags: beer·commodities·nearsourcing