Supply chain finance is becoming increasingly popular in the food and beverage industry. The breakfast food market is undergoing tectonic changes, with packaged cereal sales down 30% over the past 15 years. To respond, Kellogg’s launched a strategy to retool their business, dubbed Project K. Last year, Kellogg’s spent $330M on Project K, which was more than paid for by their supply chain finance program.
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Published February 2, 2016