BOX 1- Government/Regulator (5): The government has recently tightened food safety regulations on food manufacturers. These new regulations have caused the frozen food industry to readjust many of its policies and procedures. Adapting to the new regulations costs the industry time and money.
BOX 2- Energy Industry (4): The energy industry includes electricity, petroleum, nuclear, and solar to name a few. Increases in energy costs directly affects the profits of the frozen food industry. Increases in energy costs also affects the transportation industry, which is why the energy industry is ranked number two on my list.
BOX 3- Transportation Industry (3): Any changes in the transportation industry affects Pinnacle Foods. These changes include the cost of fuel, travel delays, and union strikes. All materials and ingredients must be delivered in a timely manner, and as cheap as possible. …show more content…
Many consumers transitioned to purchasing frozen food and eating at home as opposed to eating out at restaurants. However, as the economy, consumers are likely to transition back to eating out more at restaurants.
RED BOXES
BOX 6- Retail Industry (5): The retail industry benefits from the success of the frozen food industry. The frozen food industry may also have a negative impact on the retail industry. Negative impacts include not filling orders and not developing quality products.
BOX 7- Transportation Industry (4): A successful frozen food industry is great for the transportation industry.
BOX 8- Restaurant Industry (3): The frozen food industry is constantly attempting to create products that can compete with restaurant food. The ability of the frozen food industry to develop products that customers want directly affects the restaurant