Mars, the US food processing company, has initiated a supply chain sustainability effort that starts with over five million cocoa farmers and promises to deliver a "holistic program from farm to factory."
Several factors motivate these -- and similar -- significant investments. "Understanding where food comes from is a priority for consumers,” is the explanation Cargill gives. Safe and fair sourcing is an increasingly important competitive attribute across the food sector. But for many food processors it is also a mechanism that can be leveraged to better understand and influence the strategic horizon for supply.
In the case of cocoa, while demand is sky-rocketing, production has actually been declining. How can different participants in a product's commercial ecosystem collaborate to better match supply with demand?
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