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The fragility of global supply chains was glaringly apparent after the COVID-19 pandemic ground everything to a halt. Inadequate supply chain capacity planning caused sweeping shortages of essential goods for consumers and manufacturers alike—some of which may still stand today. Just-in-time...
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The Covid-19 pandemic—a rare black swan event—was the catalyst that created a logistics nightmare. This past summer, Congress stepped in and passed the Ocean Shipping Reform Act (OSRA 22) to prevent another such crisis from occurring in the future. Learn more about OSRA 22 and what it means for your...
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Throwing food away has severe consequences, including environmental harm, starvation, and financial waste. Thankfully, there are plenty of methods you can employ to decrease food waste in your QSR—while boosting profitability. Read more here as we discuss sustainability strategies to help your QSR...
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As of May 2022, annual inflation hit 8.6%, and the Fed hiked interest rates by .75%, begging questions about the future of CRE and equipment loans. Find out more as we pick apart CRE loans, diving into what business leaders across all branches of industry need to know moving forward. For those...
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American farmers contribute significantly to the overall US GDP annually and figures in this regard highlight just how significant their services are. The last two years, in particular, have seen significant growth as farmers have looked to expand. With this level of growth, however, comes more...
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American truckers have, for too long, had to handle crumbling infrastructure while working tirelessly to complete their routes. In November, the White House and Congress finally took action to rectify these conditions by signing the mega-bill Infrastructure Investment and Jobs Act (IIJA) into law...
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The recently passed Infrastructure Investment and Jobs Act (IIJA) has brought a sigh of relief to anyone involved in the construction industry. Over the last two year, this industry has been plagued by Covid strains, labor shortages, and a turbulent geopolitical landscape—all of which leave their...
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Over and above raising your earning potential, diversification spreads potential risks over a wider base and reduces cash flow bottlenecks. And while AgriTourism can add a further revenue stream, it could also raise your main source of income—both through direct sales to the public and by putting a...
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Exercise bikes and computer chips can wait on ships for weeks, but nuts and fruits have a more limited window. How can agribusiness owners better prepare for 2022? Fewer chestnuts roasted over open fires this holiday season. While the global shipping crisis has made it difficult to import needed...
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In times of uncertainty, fact-driven, long-term planning is imperative for business owners. Understanding what experts are forecasting about the 2022 fresh produce growing season could increase profits for those in AgriBusiness. Every economic sector has felt the sting of the ongoing supply chain...
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With supply chain issues expected to persist through the coming year, winemakers worldwide should get a head start on glass, label, and cork orders for this and next year's harvests. Many wine producers have shifted from just-in-time to just-in-case model in order to combat the glass shortage. After...
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When it comes to supply chain sourcing, the goal is to move products as quickly and efficiently as possible. Reevaluating current supply chain trends creates a domino effect for business owners. They'll need to adjust cash flow, cash reserves, and their overall balance sheet to accommodate increased...