Sugar n spiceThe global packaged spice mar ket is roughly US 10 billion in sales and McCormick the Baltimore based firm and the world s largest spice and flavor ing producer enjoys roughly 20 percent of that business To get there McCormick had to be aggressive and like many elite corpo rate success stories they had to take their share of risks Global expansion is one of our growth strategies says Jim Radin vice president of global supply chain for McCormick It brings us into countries that weren t on our travel list 10 years ago Stretching into places like China Tur key India and Poland inserted the company squarely into areas of the world that have not yet adopted North America s risk manage ment philosophy In addition to new markets for selling McCormick products sourcing raw materials can sometimes pose challenges Spices are primarily grown around the equa tor and in countries that are much less devel oped says Bob Utz the now retired director of supply chain solutions for McCormick I m talking about basic government and security issues and an infrastructure that is really not up to a higher level Not only that the transportation and supply chain issues that McCormick contends with means that moving those spices from their origin to major markets requires thou sands of transportation lanes from the differ ent countries into processing facilities The network is understandably vast a challenge to keep security tight and products in transit For example Utz explains Our cinna mon comes from Indonesia Then it s trans 30 REASON ISSUE 2 2015

Vorschau Reason Magazine Issue 2 2015 Seite 30
Hinweis: Dies ist eine maschinenlesbare No-Flash Ansicht.
Klicken Sie hier um zur Online-Version zu gelangen.