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GraceKennedy promises minimal price increases


Loop News
GraceKennedy Group CEO Don Wehby
GraceKennedy Group Limited has been facing price increases from the food side of its business, GraceKennedy Food Services, but CEO Don Wehby says the company is making changes internally to ensure any price changes it passes on to consumers are minimal.
One of the measures being taken by GraceKennedy is forward buying, which allows the food company to temporarily hedge its exposure to rapid increases in prices while keeping supply chains intact.
Wehby hopes this and other measures will be enough to - at least in the short term - ward off sometimes double-digit price increases in raw materials that GraceKennedy Food Services is now facing in the production of its goods. ....

Don Wehby , Tgk Group , Gracekennedy Food Services , Gracekennedy Group , Gk Foods International , Gracekennedy Group Limited , Tastee Cheese , Grace Baked Beans , Grace Mackerel , Grace Corned Beef , க்க் குழு , க்க் உணவுகள் சர்வதேச , டேஸ்டி சீஸ் , கருணை கானாங்கெளுத்தி , கருணை கார்ன்ட் மாட்டிறைச்சி ,