ARLINGTON, Va. — The Food Marketing Institute had some big successes in 2017, and FMI president and CEO Leslie Sarasin likens those accomplishments to creations made with Lego blocks: they required perseverance, and they are the result of many small pieces coming together in just the right way.
FMI is highlighting those achievements in this video, as well as in a series of 15 blog posts, beginning with one in which Sarasin outlines some highlights. According to that post, those accomplishments include:
- Advocacy – The dozens of 2017 government relations victories – swipe fees, menu labeling, no BAT tax, labor, beverage tax repeal, weights and measures… – are the result of years of shoe leather from FMI members and staff, and illustrate the truth of Steve Jobs’ observation: “If you really look closely, most overnight successes took a long time.” On other advocacy fronts, the industry and FMI garnered much positive press regarding the Trading Partner Alliance initiative to reduce consumer confusion about Product Code Date Labels.
- Resources – From highly technical FSMA implementation guidance to webinars on trends in customer transparency expectations, FMI produced a bevy of industry information assets in 2017. These include hosting 12 live educational events, publishing 14 research reports covering consumer trends and industry operations, presenting 49 webinars on critical industry topics, delivering a dozen issue alerts and holding hundreds of conference calls assessing industry dispositions and shaping advocacy direction.
- Relationship building/Networking – While education and information gathering is often the initial allure of calls, events, and webinars, one of the primary benefits FMI offers is bringing peers, colleagues, trading partners together and industry service providers together. The contacts and connections FMI fosters become the cohesive bond that helps our industry work better.
- Operations– At its financial core, the food retail industry relies upon operational excellence and improved supply chain efficiencies to help manage its margins. In 2017, through workshops, surveys, and interviews FMI identified and examined the top emerging issues anticipated to carry the greatest industry impact in the next three years. This exercise was undertaken to provide our members with the advance information they need to revise their operating models in ways that will better seize the opportunities and manage the challenges the future holds.