In the food and beverage sector, consumer behavior can shift rapidly, placing increased demands on your business and your people. Many new challenges have surfaced in the current marketplace, including food safety, sustainability, new definitions of healthy eating, the demand for locally sourced items, an aging population with changing needs, and the continued shift to private label. You must be prepared to react to these challenges and address the latest trends in order to optimize performance and achieve growth.
Grant Thornton assists domestic and international food and beverage companies throughout the supply chain in navigating the ever-changing and complex business environment. Our professionals are here to help you overcome your unique challenges and seize opportunities that lie ahead in this global marketplace. With vast experience in the food and beverage sector, our professionals will help you address your concerns head-on and achieve your objectives.
We work with a diverse range of businesses, from multinational food and beverage manufacturers to beverage distributors, grocery stores and restaurants, offering guidance on restructuring and reorganization, process improvement, supply chain management, M&A, tax, audit and other matters. We provide our clients with solutions designed to deliver growth and create value for their various stakeholders, including the most important stakeholders: their customers.
Interested in seeing how we've helped a client grow?
A $1.5 billion privately held company sought to create a strategic plan and performance metrics.
Situation: A diverse agriculture and food & beverage manufacturer wanted to grow revenues and EBITDA by 5 percent and 8 percent, respectively, and to do so by shifting toward a strategic investment style of management.
Result: Grant Thornton was engaged to assist with strategic planning. Employing the Balanced Scorecard™ and other tools, the team helped the company create a strategic plan, determine the right metrics to optimize portfolio management, and develop tools to measure performance against these metrics. The metrics aided the company in identifying viable acquisition targets, driving sustainable performance improvement, and establishing strategy execution as a core competency using the principles of the Balanced Scorecard.
At the Atlanta Food and Beverage Forum held in the Fall of 2011, expert panelists addressed challenges and offered best practices for success in a volatile environment. Many perspectives were shared as industry panelists came from various types of food and beverage businesses. Attractive growth initiatives and future opportunities were discussed as well as obstacles to success.
Listen as executive panelists from Grant Thornton’s 5th annual Food and Beverage Industry Forum in San Francisco discuss important trends and issues affecting the food and beverage industry in a series of five podcasts.
Grant Thornton’s latest Food & Beverage Industry Snapshot captures significant deal value increases and a substantial drop in coffee bean prices. Learn about these and other changes in the new report.
The food and beverage industry is showing encouraging signs as executives focus on gaining production efficiencies and improving business strategies to reach the most profitable consumers. The final survey of the 2011 Fast Facts on Food Processing series examines expectations for 2012 performance measures such as revenue, profits, costs, strategies and investments and compares these findings to past years’ results.
Grant Thornton's Southern California practice hosted its 2nd Annual Food and Beverage Industry Forum in Irvine, CA on September 27, 2011. Nearly 100 food and beverage industry executives attended the firm’s dynamic event, which was themed “Culture.” The event featured keynote speaker, David Kim, former CEO of Irvine-based Baja Fresh Mexican Grill and star of a CBS’ Undercover Boss episode, who embodied the “American dream” as a Korean immigrant who worked hard and rose to the highest echelon of business