Bakery Beyond the Downturn: Five Factors Shaping Companies Resilience - October 2009
The European bakery sector has been undergoing economic and structural changes, and the trend is expected to continue. Focusing on the five factors of new channels, flexible range of products, managing input cost, controlling distribution and moving into growing geographies should help companies deal with the uncertainties. At the same time, companies will also need to build flexibility into their plans with respect to the timing of the expected economic recovery, i.e., demand uptick and access to financial resources.
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