07 Jul BEMA Convention 2022: BEMA Intel

BEMA Intel – Convention 2022
Understand the Marketplace and Improve Business Management

The BEMA Intel Industry Summary report presents topline trends for key U.S. economic and commercial baking industry indicators. Updated quarterly, BEMA Intel provides a high-level view of the state of commercial baking and equipment manufacturing industries to aid in planning and critical decision making.

Two years after its launch at the beginning of the pandemic, Intel continues to be a trusted resource for industry professionals. During Convention 2022, Marjorie Troxel-Hellmer (Cypress Research), Josh Sosland (Sosland Publishing), Jennifer Lindsey (Corbion) and Jason Ward (AMF Bakery Systems) provided critical insights into the industry using Intel data, sharing the silver linings of the past two years.

At-a-Glance Ease

Intel’s color-coded summaries (green – positive, yellow – neutral, red – negative) offer users at-a-glance monthly, quarterly and annual clickable indicators. Data labels describe associated trends, making it easy to compare and contrast previous trends and quickly determine industry impact. Intel users can choose to access Intel findings using a top-level approach or by taking a deeper dive into the data to look at trends over time.

Posted two weeks into every quarter, summaries offer confirmation of trends and insight into what’s currently happening in the cycle to obtain a broader, more cohesive industry perspective. With regular use, organizations can tailor their own methods to extract information to optimize use and de-risk a business.

Intel Inputs

• Equipment Industry Outlook
• IRI International data
• Equipment industry bookings
• Grain-based goods index from Sosland Publishing’s Milling & Baking News
• Industry health indicators/indices

Building Blocks

With costs and prices continuing to rise considerably, there’s no doubt bakeries, manufacturers and their customers will continue to feel the challenges, particularly with a looming recession. Intel data creates a reliable benchmark of what’s happening in the moment, why it’s happening and how it’s impacting customers, enabling business leaders to prognosticate and plan for the future.

During Convention, attendees saw a preview of the most recent Intel information through the BEMA Convention app. Interactive breakout sessions followed the presentation.