Miller Magazine Issue: 143 November 2021

57 MILLER / november 2021 NEWS During the panel discussion on the topic ‘Supply Chain Cost/Risk during Covid 19 Amid Tightening World Wheat Supplies’, Dr. Khaled Raed, CIO of PETKUS, warned that there is a risk in doing business as usual. “We should develop a strategy adapted to the ‘new normal’. There are so many volatile parameters like price increases of raw materials, supply chain costs, delays, logistical chal- lenges as well as inflation and increasing demand. This requires new planning: starting planning at an earlier stage, increasing storage capacity, adapting spare parts management to secure continuous operation. The key to lasting success is doing business in a new way!”, he underlined. In his presentation on US Market Outlook, Ian Flagg, Regional Vice President of U.S. Wheat Associates, said stocks entering the marketing is well below the 5-year average. He also noted that export pace well behind the five-year average and US ending stocks projected sharply lower. Merzad Jamshidi, CEO of Khousheh Fars Flour Mills, discussed the changing meaning of food safety in his presentation on Food Safety Culture, Covid-19 Challeng- es and Consumer Behavior Change in Flour Milling & Allied Industries. “Everyone is watching the safety pro- tocols in the entire food chain. Government agencies across the world are re-writing the framework of food safety. The entire view of food safety is changing from responding to foodborne illness to preventing it.” “Egypt and Iran will lead the food import –to secure stock. Mo- rocco and Lebanon will import large volumes due to a decrease of production by %50,” said Mr. Jamshidi. Ali Habaj, Regional Director of IAOM MEA, has an- nounced that Zanzibar will be the next destination for the 32nd Annual IAOM MEA Conference & Expo.