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Managing Cost of Goods

Coffee buyers Anne Cooper, Chi Sum Ngai, David Pohl, Nawar Adra, and Cropster's Marcus Young discuss cost management, consumer prices, and more in the face of a volatile coffee market, increased logistics costs, and other challenges facing roasters. This group also discusses how to balance these challenges and the market demands that will continue to exist.

 

12:20 Nawar discusses challenges to COGS and how Stitch Coffee communicated this to his customers.
14:45 Anne Cooper talks about shrinking profit margins and the importance of costing coffee properly.
19:30 Sum discusses Coffee Project NY manages their overhead and price increases.
34:00 The panelists discuss customer expectations, the importance of quality, and how innovation is essential.
51:35 David Pohl shares a story about logistics delays, final product quality, and meeting customer commitments.

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