Ordermentum Coffee Index
A real-time indicator of the volume and price of wholesale speciality coffee sold across Australia
What is the Coffee Index?
The coffee index trend provides LIVE meaningful insights with real-life practical applications that will have a positive impact on the commercial viability of a business, customer service levels and equally importantly the quality of coffee drunk by millions of consumers every day.
How does the data help coffee roasters?
The success of a coffee roaster is driven by quality, customer service and commercial viability:
Quality - The index addresses quality by assisting in managing coffee freshness. Best drunk between 4-14 days from roast, a more consistent production plan will limit the variation in roast dates the retailer receives which ultimately results in millions of happy consumers.
Customer Service - The index addresses customer service through improved case fill. Delivered in full (DIF) will improve significantly if the demand forecast (orders placed) is moderated by market movements for holidays and days of the week trading variances to ensure there is always stock available.
Commercial viability- The index addresses commercial viability as more accurate demand forecasts allow roasters to hold lower par levels for stock, improving working capital & reducing wastage
More generally, this allows the suppliers to better understand the week to week ups and downs in the context of the wider market.
For larger suppliers, it will give them real-time info on their market share and enable all suppliers to compare their sales to the wider market performance, a measure that has never before been possible
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