The PBFY Blog

Co-opetition Through the Asian Tea Alliance

Competition in business is fierce, as is the competition between large corporations as they strive to make more substantial profits is too. To make the competition more controllable, a number of countries and states have formed competition bureaus or commissions. These entities aim to balance out the competition in terms of pricing, production costs, etc. As it stands, old business models may run out of time in a new business world that is racing towards a concept called co-opetition. What is co-opetition? Meaning of co-opetition Co-opetition, a term used for cooperative competition, can be summarized as “collaborate in the morning so you [...]

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The International Coffee Price Crisis

A lot of people around the world with different cultures and traditions unify by one common thing, their love for coffee. Coffee is prevalent, especially amongst the working-class population that works long hours and needs caffeine to get through the day. Most of us probably perk up in the morning with a daily morning cup of coffee. However, this popular industry is facing an international crisis when it comes to coffee prices. What is the reason behind this issue, and what actions are being taken to solve the problem? The decrement of coffee bean prices in Brazil The Brazilian currency is decreasing [...]

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Artificial Intelligence Innovates the Food Industry

Artificial intelligence has caused innovations in the food industry, with much more expected. AI is where computers perform tasks that usually require human knowledge. These tasks include decision-making, visual perception, speech recognition, language translation, and much more. The food industry, usually a little slow on the uptake of new technology, is well on its way to making AI integral to business as usual. Opportunities to implement AI in the food industry Food sorting Sorting through fresh produce is hugely time-consuming and labor-intensive. Potatoes are typically classified by size so that the manufacturer knows which ones to turn into what type of product. Discolored [...]

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Nepali Tea Rises from the Shadows of Darjeeling

Tea is one of the most common beverages in the world, in fact, it is the second most-consumed drink globally. However, a lot goes on in the tea industry that we don’t know about that revolutionizes this industry. These developments have happened gradually over the years and because of them, some ingredients were replaced by others. A perfect example of this is the Nepali tea which rose from the demise of Darjeeling tea. How did this evolution happen? Here is the history of the demise of Darjeeling tea and the rise of Nepali tea. Darjeeling Tea Grows to Prominence Darjeeling tea started getting [...]

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Should Alcohol Carry Cancer Warning Labels?

It’s not something that most people consider when thinking about the risks of consuming alcohol, but research has found a link between alcohol consumption and cancer. Even drinking small amounts of alcohol increases your risk of cancer.  That doesn’t mean that everyone who drinks alcohol will go on to develop cancer. But it does mean that people who drink alcohol are more likely to get cancer than people who don’t drink it.  The link between alcohol and cancer  A significant amount of research shows that drinking alcohol increases the risk of seven different types of cancer: breast cancer, liver cancer, bowel cancer, [...]

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Coffee Industry Leaders Push for Coffee Transparency with “The Pledge”

The coffee industry is all about harsh realities and pretty pictures. Coffee roasters and shops around the globe rely on coffee farmers to produce the beans that coffee lovers thrive on. However, producers often reap minimal profits from everything that gets generated along the coffee industry’s value chain. More and more leaders in the coffee industry recognize that one of the best ways to ensure the production of superior coffee products is to increase sustainability. Ultimately, this must begin with allowing the producers to earn higher income for what they do. Unless they earn good money, these producers end up [...]

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Food Retailer Trends You Can Leverage to Increase Sales

For the food retail industry, innovation is now an unavoidable aspect of a business, especially since the mass closure of thousands of physical stores all through 2017 and 2018. Consumers are also demanding more efficiency and convenience from food retailers, especially for on-demand food retail. The latter is such a big deal now that most food retailer trends for 2019 are aimed at major innovations. For those in the business, the food retailer trends for 2019 present a number of opportunities, including boosting sales for your business.  Below we show you four major food retailer trends for 2019 you can leverage [...]

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