
Sarah Koo
Regional F&B, Retail Wholesale Industry Leader, Asia
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Singapore
As consumers become more health, social, and environmentally conscious, food and beverage companies around the world are evolving their business models to meet these needs.
Companies are increasing their adoption of technology and expanding supply chain structures to maintain market share, while facing challenges from severe weather events, increasing regulations, and cyberattacks. The COVID-19 pandemic accentuated and exacerbated many of these risks as some supply chains failed or were severely curtailed.
While these evolving trends carry significant risks, they also create new opportunities. Choosing cost-effective risk financing alternatives and implementing risk management practices that exceed industry standards is critical for many food and beverage businesses, especially while capital is tight as they emerge from the lowest points of the pandemic and seek to capitalize on new commercial possibilities.
Marsh helps food and beverage companies – from manufacturers and processors to distributors, wholesalers, and restaurants – anticipate the risks they face, understand their impacts, and implement comprehensive plans to mitigate them.
Regional F&B, Retail Wholesale Industry Leader, Asia
Singapore