Optimism prevailed throughout the 2018 Summer Fancy Food Show. As the economy continues to improve, consumers are spending more and becoming increasingly adventurous with their product choices. Millennial preferences are shaping the future of specialty food and enabling the industry to experience unprecedented growth. The shifting market focus is also forcing manufacturers to become more creative and transparent. Beyond tasting good, products need to be original and tell a story. Snacks and beverages continue to be the product categories with the highest level of innovation.
Convenience is quickly becoming the top priority for consumers, manufacturers and retailers. While consumers want grab-and-go, manufacturers and retailers want streamlined supply chains. To keep up with consumer demand and expectations for quick delivery, manufacturers are looking to optimize their logistics operations in compliance with retailer requirements. With this in mind, it’s no surprise that traffic was heavy at our booth this year. Both new companies and industry veterans came to us searching for logistics advice, which is exactly why we continue our tradition of exhibiting at the show. Beyond supporting our customers and building relationships with retailers, we’re there to guide businesses through warehousing and transportation challenges. It’s our goal to share the supply chain knowledge that we’ve picked up over our 65 year history so we can continue our role in growing the specialty food industry.
With the reignited economy, the growing demand for specialty food products and the challenges facing the transportation industry, it’s more important than ever to hold inventory close to your customers to ensure that your shipments are easily covered by carriers and delivered on time. The specialty food market is becoming increasingly competitive, so it’s critical to find the right 3PL partner to help you navigate through any supply chain disruptions and keep your customers satisfied. If you’re experiencing costly stumbles and delays in your supply chain, contact Port Jersey Logistics to discuss how you can improve your distribution model.