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• The Food Marketing Institute (FMI) has released its Online Suppliers Guide, describing it as “a one stop shop for food retailers and wholesalers to find information on suppliers to fulfill their various product and service needs.

The guide serves as a resource that “allows users to search for suppliers by company name, brand or any of a wide range of categories, from advertising and unsaleables to food products, private brands and more. Additionally, the FMI Online Suppliers Guide features an RFP Automator, allowing users to create customized requests and receive personalized responses straight to their inbox. All of these features streamline and accelerate the process for users in search of solutions to achieve strategic goals, improve operations and expand markets.”

The guide is located on FMI’s website at http://fmi.officialbuyersguide.net/.

• The Wall Street Journal reports that Kevin Petrie, head of procurement for Nestlé SA, said this week that the company “is facing unprecedented increases in prices for raw materials and expects the situation to continue for the next few years.”

"In nominal terms we are seeing unprecedented rises in the price of commodities," Petrie said at the company's annual investor seminar. "We see tremendous volatility and headwinds."
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