How pet food manufacturers and ingredient suppliers can capture cost savings — McArthur addresses this question: How can pet food and ingredient manufacturers find cost savings in the current inflationary market? The pet food industry, alongside human food, has not seen such price inflation in decades. Companies have been forced to make contingency supply plans in emergency situations, often placing availability over price considerations. Minx explains where costs can still be captured.
Douglas McArthur, general manager of Supply Tigers, has been in procurement for most of his career, both as practitioner and consultant in Europe and ths U.S. Most of his work experiences have been in the food and beverage industries. McArthur’s current focus at Supply Tigers is helping pet food manufacturers and ingredient suppliers reduce indirect spend using leverage and a groundbreaking Marketplace-as-a-Solution tool to implement and improve procure-to-pay efficiency. He has a bachelor’s degree in business as well as being a Fellow of the Institute of Purchasing and Supply (U.K.).