Our team can help you lock in pricing for your food ingredients, whether sourced domestically or internationally.
As fall approaches each year, so does a critical time for most customers to make decisions and commitments on a significant portion on their upcoming year’s procurement spend. Each year as contracting season draws closer, we monitor the signs to help our customers plan. For ingredients typically contracted on a shorter term basis, such as quarterly, our team is also equipped to advise and help you secure the contracts you need to keep your business running smoothly.
Many of the ingredients that are contracted annually are based on corn so the seasonal harvest is closely monitored to predict the pending impact on the cost of goods. Corn is massive seasonal crop in North America and has many destinations. Weather is commonly monitored and debated when forecasting the landing spot for corn. For those who purchase corn product derivatives, like sweeteners, starches, and fermented products the impact of weather and quality of the harvest are just a couple of the factors that need to be considered. Transportation, trade policies, competing products, and market demands also have influences on our future pricing. Univar Solutions can help inform a plan to anticipate and mitigate the pressures of market pricing volatility for your business.
Examples of food ingredients we can help you contract:
- Corn starch (native and modified)
- Pea starch
- Potato starch
- Tapioca starch
- Corn syrup solids, such as dextrose and maltodextrin
- Polyols, such as erythritol, maltitol, and sorbitol
- Citric acid
- Ascorbic acid
- Lactic acid
- Plant-based proteins
- Pea protein
- Soy protein
- Xanthan gum
- Cellulosics (HPMC, MC, CMC)
- Bicarbonates (sodium and potassium)
Sourced domestically & internationally
Much of our broad portfolio of food ingredients can be locally sourced since many of our suppliers have North American production and warehousing. When additional sourcing options are needed, we also have a Global Sourcing team dedicated to bringing in quality ingredients from overseas. Our team vets manufacturers and products to ensure compliance and manages the import process from countries around the globe. Whether you’re importing products yourself or working with a third party, let’s talk about how our Global Sourcing team can help reduce complexity and cost in your supply chain.
Our vast network of wholly owned facilities includes 50+ FDA-registered warehouses in the United States and 10+ FDA-registered warehouses in Canada. This means we can stock your contracted food ingredients near your production facility. Then when you’re ready to schedule delivery, a local dedicated driver will bring it to your door on one of our private fleet trucks. Our efficient infrastructure can help give you a competitive advantage.