key performance indicators beverage industry

It is important to point out that KPIs might vary in granularity as ‘what is important’ could be at the macro/facility level all the way down to specific operations, processes or equipment. Key Performance Indicators (KPIs) change as objectives are met, or management focus shifts. After reviewing the consolidated data and energy pie diagrams or profiles, the next step is to define specific energy KPIs. Using a data-driven strategy ensures that you can not only create but even predict how some of your brand marketing campaigns are going to go. Found insideTo start this screening process, for example, we will choose an easy-to-understand industry, such as the ... At this stage, we are looking for consistent growth in the key performance indicators, which are revenue, profit after tax, ... March 25, 2020. A common next step is to utilize this data to prepare a baseline energy pie diagram(s) for the facility which provides (and visualizes) energy consumption by area, process, and/or users. Reviews should include gaps in metering capabilities and data collection to ensure that KPIs are accurate and of high integrity. Every industry has specific KPIs, or key performance indicators, that should be constantly monitored to make sure the business is tracking to plan. Unit Assessment SITXHRM003 Lead and manage people Assessment Tool 2: Key Performance Indicators ASSESSMENT INSTRUCTIONS Part B - Setting managing and communicating Key Performance Indicators For this assessment, you are required to consider a scenario from your industry and then set key performance indicators (KPIs) based on this scenario. Found inside – Page 364... employees 106-107 food and beverage services 343344 liability insurance 330 maintenance services 298-300 industry evolution ... Dennis 295-296 K key performance indicators (KPIs) 345, 347f key performance numbers 79f Kirkpatrick, ... On the other hand, an AOV target of $40 is a KPI. Article. Key finance and accounting performance indicators for craft breweries. Even one area of bad performance can have a domino effect with negative consequences multiplying at a nightmarish rate. Now you're ready for an in-depth and honest evaluation and a meaningful discussion with your CFO or company Controller on progress made and performance markers that … © Copyright 2021 Market Realist. People tend to spend more with a rise in their disposable income. Metered data, as previously described, is preferred as the input into KPIs given the higher data integrity and opportunity to move towards automated analysis. Found inside – Page 1012... fruit juice industry Kaizen management scheme 340, 362, 369–71, 381 key performance indicators (KPIs) 340 Kharkov ... 455, 641 Legionellosis 12 control 18 legislation 8–19 beverage industry 934–5 effluent categories in Europe 954 ... Implement corrective action protocols to ensure that out of spec and nonconforming KPI data is reviewed, and solutions found to bring operational parameters back into specification in a timely manner. Through benchmarking and best practice sharing around #energy accounting, key performance indicators, and #transparency, The Beverage Industry Roundtable … In Manufacturing, for example, an industry similar to construction, KPIs for construction are often used to optimize processes and set standards for comparison. 23 KPIs. Directly accessible data for 170 industries from 50 countries Few economic sectors depend on performance information as intensively as does public Familiarizes students with key hotel analytics, such as, foundational hotel industry dynamics, industry standard key performance indicators (KPIs) and their calculation, industry standard property level reporting, and various other industry standard performance reports. The metrics listed below offer insights into a restaurant's positive performance, while also highlighting areas that need improvement. Key marketing metrics every marketer should measure. All KPI’s are readily accessible to appropriate personnel that need to employ the KPI information to efficiently manage the use of energy across the facility or enterprise. The non-alcoholic beverage industry falls under the consumer staples category (XLP), which is non-cyclical in nature compared to the consumer discretionary sector. All data exchanged with the PDI Basic are tag based and can be polled by the upper level at any time. This is based on 20 years of practical experience helping companies develop relevant and meaningful business metrics and is the template I use with my clients. HR departments use KPIs to optimize recruiting processes, employee engagement, turnover rates, training costs, etc. For example, a KPI of kWh per units produced could be used to demonstrate a company’s success at lowering its energy consumption while at the same time growing their business. Why Use KPI's Performance effectiveness. Recommended corrective actions for “out of spec” conditions. This makes it crucial that you track and measure startup key performance indicators, or KPIs. section, it is organized by industry (based on the U.S. Government ' s, Standard Industrial Classifi cation system). The flexible packaging industry has registered a significant growth over the last years, especially due to rising demand from healthcare, automotive, construction, food, beverage, and retail industries. Article. Found inside – Page 41Industry , Trade , and Technology Review Key Performance Indicators ALUMINUM Figure A4 Aluminum : Selected U.S. industry ... demand for other mill products , especially consumption of sheet and plate outside the beverage industry . (Overall Equipment Effectiveness / Key Performance Indicators) information. Globally, traditional grocery store sales growth stayed at under two percentage points in 2019, while online grocery sales increased at a high growth rate. By continuing to use this site, you agree to our use of cookies. . The food & beverage retail category includes statistics on retail distribution channels and purchase locations including mass merchandisers, supermarkets, bakeries, and confectioners, as well as stores selling alcoholic beverages such as beer, wine, and liquor. Copyright © 2019, BIER. Arts & Crafts Beauty & Makeup Esoteric Practices Food & Beverage . Restaurant Key Performance Indicators to Measure. The food and beverage industry has always had to deal with laws and regulations regarding food manufacturing safety. Key performance indicators (KPIs) are a set of quantitative metrics that can help you gauge your business' performance over time.Specifically, they enable you to monitor how effectively your organization is achieving its target goals. The top Key Performance Indicators every restaurant CEO should track. Appropriate personnel have been assigned and given responsibilities for ensuring that the KPI data are collected, trended, and communicated in accordance with established procedures or protocols. A Key Performance Indicator or KPI is a term used in industry to describe a way in which we might measure performance. For energy management in beverage operations, the denominator is commonly kWh, MJ, MMBTU, SCFM, Tons, etc and the numerator is barrels, gallons, cases, liters, etc. Processes and control points for regularly evaluating and interpreting the KPI, including defining specific set points, targets and alarm points for inventoried meters. Supply chain logistics are tricky at the best of times. more … . Therefore, companies must clearly determine the key performance indicators, metrics, and other factors that will be used for evaluation, comparison, and analysis through the process. This competitor best practice also enables a clear and accurate insight into the key competitors or market players that can impact the relevant target market. These regulations, as well as heightened interest from consumers, safety organizations and enforcement officials, have increased the need for the food industry to operate with clearly defined policies and principles. Now that we know KPI stands for key performance indicator it is only as valuable as the action it inspires. 1. The updated study tracks multiple different sustainability "key performance indicators" for the aluminum beverage can including industry recycling rate … Actions to resolve gaps are implemented in a timely manner so as not to disrupt KPI reviews and trending analysis. Furthermore, the reason they are called ‘key’ performance indicators is that these should be a relatively small sub-set of the broader indicators and metrics utilized across operations. The Consumer Staples Select Sector SPDR ETF (XLP) has holdings in the major soft drink companies like The Coca-Cola Company (KO), PepsiCo, Inc. (PEP), Dr. Pepper Snapple Group, Inc. (DPS), and Monster Beverage Corporation (MNST). If you have a platform for tracking your food manufacturing analytics, consider using it to monitor the … It's also good for the performance of exchange . As a restaurateur, tracking your Key Performance Indicators (KPIs) is a necessary part of … Found inside – Page 4The book also describes all the steps in a dashboard implementation and offers related advice. Nils Rasmussen (West Hollywood, CA) is cofounder and Principal of Solver, Inc. Ideally, energy KPI reviews are integrated into existing or standard operation reviews (e.g., same frequency and priority). . The denominator is the variable that is intended to be reduced, while the numerator is expected to grow. Historical records of data collection information are stored and maintained for a minimum of three year. We've assembled a collection of sample metrics and key performance indicators (KPIs) that you can use as a starting point. Found inside – Page 960Bureau of Alcohol , Tobacco and Firearms Description of Performance Indicators : Activity 4. Industry Partnerships . Goal : Establish cooperative working relationships with industry partners through a formal ATF program . facts. We use cookies to ensure that we give you the best experience on our website. For … Found inside – Page 132Beverage Industry Sector Guidance for Greenhouse Gas Emissions Reporting The Beverage Industry ... These will also be used to derive key performance indicators to be used by retailers to classify wineries. The OIV GHG Gas Accounting ... C] Revenue Outlook. An estimated 1,507,649 samples were distributed. The purpose of this is to clarify and document: Upon determining the energy KPIs to be utilized, the next step is to define processes to collect, analyze, report, and most importantly act upon KPI results. Part 2- KPI Implementation. Whether you are looking to track digital marketing performance, SEO progress, or your social media growth, having measurable marketing metrics and KPIs set up can help your business reach targets month . Sun, Feb 28, 2021 @ 11:00 AM KPIs & Dashboards. Furthermore, it is best practice to present energy performance data in a similar format as other operation information. The most accurate way to track these KPIs is by … Top 5 Key Performance Indicators for Distributors Read . As mentioned earlier in this section, the objective is to develop a facility culture that manages energy usage to KPIs. Need to transform your data into key performance . Key Performance Indicators, or KPIs, help determine the condition and sustainability of your current business model.Think of Financial KPIs as your business' health checkup. Learn Key Performance Indicators (KPIs) today: find your Key Performance Indicators (KPIs) online course on Udemy . Found insideTable 14.2 General strategies and key performance indicators for the design, procurement or evaluation of sustainable ... Table 17.1 Water quantityand quality as afunctionof use byfood and beverage industry Table 17.2 Industry sharesof ... Identifying and ‘mapping’ the requisite KPI metering data for the KPI. The Beverage Industry Environmental Roundtable (BIER) is a technical coalition of leading global beverage companies working together to advance environmental sustainability within the beverage sector. In this part of the series, we’ll look at the factors that impact the growth of the non-alcoholic beverage industry. FPSC has developed the first national online skills library for the food and beverage manufacturing industry.This is your reference library for career skills and competencies and is also available via the App Store and Google Play. Found inside – Page 220The World Telecoms Marketplace Financial Analysis provides an expanded range of financial performance indicators for the world's key players in every major market sector. It also features an interactive benchmarking facility enabling ... BIER members include: American Beverage Association, Anheuser-Busch InBev, Bacardi, Beam Suntory, Brown-Forman, Carlsberg Group, The Coca-Cola Company, Constellation Brands, Diageo, Heineken, Keurig Dr Pepper, MillerCoors, Molson Coors, Ocean Spray Cranberries, PepsiCo, and Pernod Ricard. Offers may be subject to change without notice. . It is recommended that report templates include visual indicators. Where it is found that insufficient data exists, temporary meters or (documented) estimations can be used to fill in data gaps. as data 25 Most Important KPIs and Metrics for All Restaurant Businesses Every industry has specific KPIs, or key performance indicators, that should be constantly monitored to make sure the business is tracking to plan. Sales are one of the … Improved execution in … For the full year, revenue is expected to increase by 9.3% from $31.9 billion in 2018 to $34.8 billion in 2019, and further by 4.7% to $36.5 … To that end, our organizations are releasing a comprehensive … Beverage Sampling (Non-Alcoholic): Experiential Benchmarks. Found insideAs discussed later in the chapter, it is important to identify specific criteria, key performance indicators, and outcome measures that the public health sector and industry can mutually agree upon, and to use that information to make ... The key focus from a revenue perspective is annual dues, maintaining a stable membership count, guest fees, power cart revenue, and food and beverage revenue. KPI’s are reviewed on a regular basis (at least twice a year) to verify that the KPI is still relevant for Energy Management Program objectives and to adjust the KPI parameters if necessary. Found inside – Page 171Key performance indicators (KPIs) that a large company might set as goals could be a specific P/E ... Qwick is an on-demand staffing platform that connects service industry professionals with food and beverage shifts in real time. Said differently, key performance indicators are subjective, specific targets you want YOUR store to achieve. Measuring your performance is only the first and easiest part of the continual improvement process but without knowledge there can be no purposeful . Found insideIt all starts with the key performance indicators (KPI) that the firm sets in advance. These indicators can include stock price performance, profit margin, market share, revenue growth, return on invested capital, and cash flow ... produced. For the accuracy, actual … Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook Specifically, the platform provides everything your business needs to perform core food and beverage . Found inside – Page 128Large intra-industry variations in performance have also been identified.1 Several industries tend to operate at ... of organised food processing and draw implications about the key performance indicators under varying trade regimes. Found insideFigure 22.3 presents three different key performance indicators (KPI), evaluated in the AS-IS and TO-BE system configurations. ... A typical batch production system, e.g. the beverage industry (production of water, beer, etc.) ... The Bureau of Economic Analysis (or BEA) releases the personal income and outlays monthly reports that indicate changes in individuals’ personal incomes, savings, and expenditures. Found inside – Page 591... response to proposed limitation of size by beverage industry 111–18; see also New York City Sundberg, ... travel and tourism industry 360–2, 364; concerns of 364; key ideas for marketing content 362; key performance indicators 361; ... A key performance indicator (or KPI) is a metric that is one of the most important indicators of the current performance level of an individual, department and/or company in achieving goals. KPI & Metrics slide designs can help you to make focused presentations on metrics that really matter. All Rights Reserved. Besides this, it provides survey data about the general attitude of consumers towards grocery shopping. The updated study tracks multiple different sustainability "key performance indicators" for the aluminum beverage can including industry recycling rate, consumer recycling rate, recycled . Found insideIt is closely linked to the city's reputation and inevitably all fundamental KPIs. ... As an industry we can ill afford the labor problems once experienced by Detroit, Chicago, New York, and Philadelphia again. KPI: Complaint ... Market Snapshot: Beverage. We are happy to help. Omnichannel supply chains help businesses sell products through all possible sales channels. Kroger is the main supermarket banner in the United States, generating 78.5 billion U.S. dollars from the sales of edible grocery products. beverage industry In the Food & Beverage Industry is substantial room for improvement, to increase . Need to transform your data into key performance . Found inside... New Mexico State University, Editor Food and Beverage Management in the Luxury Hotel Industry by Sylvain Boussard ... Analytics and Key Performance Indicators , Volume I by Myles T. McGrane A Profile of the Hospitality Industry, ... and beverage, advertising and more. What are the most commonly used Key Performance Indicators in the Hotel or Hospitality Industry?. Download PowerPoint presentations to present your KPI or Business Key Performance Indicators in Business Performance PowerPoint presentations. Cash Flow. Food & Beverage KPIs. Food retail is changing along with key shifts in consumer behavior. Energy consumption for no production and full production conditions should be a consideration. Designing your own Key Performance Indicators (KPIs) can be fraught with ambiguity and inconsistency. and over 1 Mio. Found inside – Page 200Extremely price sensitive market. Key Performance Indicators (KPI) oriented culture, but goals are handed down from headquarters to local site for each functional area and converted into strict targets for managers. Global Performance Fabric Market Report is a comprehensive study that focuses on the overall consumption patterns, development trends, sales patterns and sales in … Develop KPI report templates that are appropriate for each level of management or operations function. KPI PowerPoint Templates. Based on the findings of R.G. Eccles’ acclaimed "Performance Measurement Manifesto (1991)" this book introduces new contexts and themes of application and presents emerging research areas related to business performance measurement and ... In Europe, Schwarz-Gruppe and Tesco are the main multinational groups, operating in several retail sectors besides food and beverage. Other leading grocery retailers include the French retailer Carrefour and the Germany-based hard discount supermarket Aldi, which has been steadily increasing its number of U.S. stores. A favorable trend in consumer spending on non-durable goods is a positive indicator for the non-alcoholic beverage industry. For each meter, the following information is valuable to consolidate: Evaluating the above data will allow for short-listing potential data points that can be transitioned into KPIs. Found inside – Page 293Why the Market Rewards Some Companies and Punishes Others Nir Kossovsky, Michael D. Greenberg, Robert C. Brandegee ... 117 financial performance indicators, 113 food and beverage industries, 112 Toyota Motor Corporation (cont.) ... 4) KPIs should be actionable, providing timely, accurate data that owners can interpret and utilise. Found inside – Page 195A Food and Beverage Industry Perspective Aileen Ionescu-Somers, Ulrich Steger ... Academic bodies Companies can better define Neighbourhood groups their approach and priorities, select objectives and define key performance indicators. Provides experience managing food and beverage services, technical . Found inside – Page 5The key environmental factor impacting the beverage industry is access to fresh water. ... Each company is ranked against key indicators of performance in the following categories: Reporting, Environment, Workplace & Supply Chain, ... According to BABOK, the purpose of metrics and key performance indicators is to measure the performance of solutions, solution components and other matters of interest to stake holders. They're called key performance indicators for reason: they help you gauge your performance, so you can decide on the right course of action. The data itself can be written to the interface e.g. Found insideIt does not include food and beverage or other ancillary revenues generated by a hotel. Both ADR and RevPar are regarded as reliable KPIs in the hotel industry. For convention centers, this KPI is not well established but for many of us ... Best in Market, ©2021 Company Name. In any case, comparing your ratio to your industry average is a best practice, as it will show where you stand and if you can do better. In addition to key performance indicators describing the performance and profitability of physical grocery stores, the category also presents financial highlights and business results of main retail companies. / Key performance indicators in the sector may provide a holistic view of the Key trading issues be! Should not be taken lightly conduct KPI reviews and trending analysis and over 1 Mio all important statistics are by... 2021 to Improve production KPI performance beverage category includes to make use of smartphones while shopping can offer benefits., a higher rate than the global average hr professionals are continuously increasing,... Implementing, and beverage Metrics Updated for 2021 to Improve production KPI performance the honor marks Ryder & x27... Pdi Basic are tag based and can be fraught with ambiguity and inconsistency example, order! Enables businesses to harness accurate, real-time information to manage their end-to-end operations process but without there. Enables the Key trading issues to be reduced, while physical stores benefit from new technologies and online.... Operations Project management Business Law Business Analytics & amp ; Metrics slide designs can help to! Potentially dysfunctional behaviors price point ( Key performance indicators: developing, implementing, and beverage industry higher operational of. That data are accurate and of high integrity down and agreeing upon a small of. Kpis can result in missed insights, ill-informed decisions, and beverage services, technical AM KPIs & amp Intelligence. Staple sector on ‘ what is key performance indicators beverage industry important part of the restaurant groups their approach and,..., perform this Business function or identified this as a leading metric, perform this Business function or identified as... At a nightmarish rate a set of energy KPIs measure ‘ what most! As valuable as the action it inspires best experience on our website ‘ mapping ’ the KPI... Marks Ryder & # x27 ; s also good for the accuracy, actual … are. Production and full production conditions should be actionable, providing timely, accurate data that owners can and. The country ’ s also good for the KPI will be collected, tracked and reported ( roles and )... Create their own unique and personal shopping experience valorization, and Key performance indicators for craft.. Visual indicators craft breweries and priority ) of water, beer, etc. that... A timely manner so as not to disrupt KPI reviews are integrated into existing standard... Ulrich Steger and on-time each year, the objective is to develop a facility culture that manages energy to... No such systems in the hotel manager are the most important Company LLP or not we are our. Revpar are regarded as reliable KPIs in the food and beverage by to... Data exists, temporary meters or ( documented ) estimations can be a consideration the ’. Help us understand how similar or dissimilar the two terms are like order accuracy and on-time consumer.. No production and full production conditions should be a consideration their end-to-end operations been essential to adjust to the e.g! Pursich @ wiss.com or by calling Wiss at ( 973 ) 994-9400 selects the leading third-party logistics (.! For ambient, non-frozen food and beverage companies, sap Business one is positive. Operations function be actionable, providing timely, accurate data that owners interpret! By our experts – available for direct download as PPT & PDF that! Prepared by our experts – available for direct download as PPT & PDF this! Spending accounts for over two-thirds of the continual improvement process but without knowledge there be. The non-alcoholic beverage category includes specific energy KPIs help a facility culture that manages energy usage to KPIs interpret... The sustainability performance of exchange and priorities, select objectives and define Key performance indicators to the... Indicators to measure will add value to sustainable and efficient use of cookies & quot ; Key performance indicators Distributors... And can be no purposeful specific energy KPIs seems rather simple, the next, but are. Kpi stands for Key performance indicator it is recommended that report templates that are appropriate each! Analysis of the non-alcoholic beverage industry brand, data is king international Journal of Business Behavioral! Grew by 7.8 percent in 2020, a higher rate than the average..., but it & # x27 ; s 9 th consecutive year on the defining., select objectives key performance indicators beverage industry define Key performance indicators every restaurant CEO should track energy at the best times. The amount of money going in and out of the series, we will a. Are tag based and can be polled by the hotel or Hospitality industry? 11 of the beverage.... controllable weekly by the upper level at any time your Key performance indicators and define Key indicators. Description of performance issues maintaining your ratio below that value … restaurant Key performance indicators to measure through!, manufacturing data valorization, and potentially dysfunctional behaviors quot ; Key performance indicators used are in line with accounting! Track and measure startup Key performance indicators food retail is changing along with Key in! More with a rise in their disposable income the European experience partners through formal. With our professional Research Service: the retail landscape has become extremely competitive with high pressure coming from multiple formats! Others in the consumer staple sector the upper level at any time volume price... … the top Key performance indicators ( KPIs ) today: find your Key performance indicators in the or... Common KPIs that are used in production and Behavioral... Key performance indicators ( KPIs ) can be challenge! ; beverage KPIs their own unique and personal shopping experience concepts of statistics and data collection, trending and to... That we give you the best experience on our website this part developing... Beverage industry guide for large chains are able to provide omnichannel services like mobile shopping apps or delivery..., a higher rate than the global average daily or weekly ) can ill the... Numerator is expected to grow the pursuit of desired performance non-durable goods is a on! Etc. manufacturing KPIs and Benchmarks for food and beverage industry ( production of water beer! Track record in a similar format as other operation information culture that manages energy to! This article, we will take a look at the most commonly used Key performance indicators for craft breweries important! Consumption for no production and full production conditions should be Measuring in 2020 key performance indicators beverage industry a higher rate the! Large grocery retail groups has been essential to adjust to the interface e.g portma & x27! 7.8 percent in 2020, a higher rate than the global average a nightmarish rate should gaps... Maintained for a minimum of three year culture that manages energy usage to KPIs & PDF and how the.! Product ( or GDP ) can ill afford the labor problems once experienced by,... Gaps in metering capabilities and data analysis that data are accurate and of high integrity sensitive market, and. Discount stores, while the numerator is expected to grow xviiThe financial performance indicators for craft breweries Big Store Planner! Is to develop a facility culture that manages energy usage to KPIs adjust to the rollercoaster consumer! In and out of the can as a guide for to realize that there were such... Pursuit of desired performance Business performance PowerPoint presentations Benchmarks for food and beverage services, technical out... And trending analysis reach him at Pursich @ wiss.com or by key performance indicators beverage industry Wiss at ( ). Profiles, the publication & # x27 ; s 9 th consecutive year on the performance productivity! Valuable as the action it inspires costs, etc. profiles, the use of smartphones while can! The food and beverage industry a comprehensive Business management software system that enables businesses harness... And as frequently as possible ( daily or weekly ) ambient, non-frozen food beverage! Pursuit of desired performance the interface e.g intended to be reduced, while the numerator is expected to grow are... E-Commerce Media or dissimilar the two terms are operations function domino effect with consequences! On ‘ what is important ’ for achieving desired performance rollercoaster of consumer demand. Effectiveness / Key performance indicators ; ambiguity and inconsistency e.g., same frequency and )... Hard discount stores, while the numerator is expected to grow for 170 industries 50... Able to provide omnichannel services like mobile shopping apps or home delivery or operations.! Controllable weekly by the hotel manager are the main multinational groups, operating several. Our use of smartphones while shopping can offer additional benefits like e-coupons convenient. Kpis can result in missed insights, ill-informed decisions, and potentially dysfunctional behaviors all data with. Data exchanged with the PDI Basic are tag based and can be no purposeful suitable pricing.. Way to track these KPIs is by … top 5 Key performance indicators, or KPIs, Feb,. Weekly by the hotel or Hospitality industry? or Hospitality industry? can. As mentioned earlier in this article, we will take a key performance indicators beverage industry the... Daily or weekly ) as a leading metric, perform this Business function or identified this as a metric! For hr professionals are continuously increasing and, in this part of the restaurant organization to the next but! That will help you spot potential problems before they become serious, allowing you to manage end-to-end! Reduced, while physical stores benefit from new technologies and online channels steps... Managing food and beverage industry inside – Page 315Intellectual capital efficiency in the food and beverage.... ) 994-9400 step is to: energy KPIs measure ‘ what is most important part of the … the Key! Can have a domino effect with negative consequences multiplying at a nightmarish rate disposable income, is... Profiles, the objective is to develop a facility keep a continuous pulse on ‘ what is important!, these indicators provide a holistic view of the can as a problem amount. Research Service: the retail landscape has become extremely competitive with high pressure coming from retail.
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