Farm to Fork: The Innovators with David Maloni
Welcome to Farm to Fork: The Innovators, the podcast where decades of industry expertise meet the future of the food supply chain. I'm David Maloni, your host, and with over 40 years in the food production, distribution, and operations sectors, I've seen the industry evolve. But now, it's time to push the boundaries of innovation further.
Every other week, join me as I sit down with pioneers from the past, the game-changers of today, and the visionaries shaping the future of our field. Together, we'll explore new ideas, technologies, and strategies that can revolutionize how we farm, produce, move, and serve food to the world.
I invite you, our listeners, to be a part of this journey. If you know someone or have a topic in mind that aligns with our mission, please reach out. Your input matters, and it could be the spark that ignites the next big breakthrough in the food supply chain.
For more insights and to connect with my consultancy, visit www.DatumFS.com. Thank you for tuning in. Together, let's drive innovation and transform the way we nourish our communities
Farm to Fork: The Innovators with David Maloni
Foodservice Supply Chains Through a CFO’s Lens with Andrew Raabe, CFO Partner at SeatonHill
Welcome to Farm to Fork: The Innovators. I’m excited to introduce you to another trailblazer in the world of food—Andy Raabe, CFO Partner at Seaton Hill Partners. With over four decades of involvement in the food supply chain myself, I love sharing the stories of those who are transforming how we produce and serve food. Andy brings a wealth of expertise from his time leading finance and supply chain at established brands like Potbelly and pioneering smaller fast-casual concepts. In our discussion, he reveals how integrating finance with supply chain decisions can streamline operations, improve vendor relationships, and boost profitability for emerging and established brands alike.
Together, we dive into critical topics like how to build supply chains from scratch, best practices for fostering collaboration between finance and supply chain teams, and the tremendous value vendors can bring when they become strategic partners. Andy also walks us through the unique perspective a CFO can bring to operational challenges, offering tools and strategies for effective forecasting, budgeting, and tackling supply disruptions. I hope you’ll find our chat both enlightening and practical as we explore the path from farm to fork—and all the innovation that happens in between.
Connect with David Maloni:
https://www.linkedin.com/in/davidmaloni/
Connect with David:
https://www.linkedin.com/in/andrew-raabe/
https://www.seatonhill.com/
Timestamps
- 0:00 – Episode Overview
- 0:25 – Introducing Guest: Andy’s CFO & Supply Chain Expertise
- 0:52 – Andy’s Background: From Engineering to Finance
- 1:15 – Joining Potbelly & Building a Finance Function
- 3:41 – Transition into Supply Chain & Fixing Core Processes
- 7:22 – Low-Hanging Fruit: Price Verification & Inventory Control
- 10:57 – Gaining Leadership Experience in Supply Chain
- 14:08 – Returning to Finance & Public Company Lessons
- 20:46 – Becoming CFO at Wow Bao: Startup & Growth
- 25:00 – Solving the “Chicken-and-Egg” Challenge for Emerging Brands
- 29:14 – LTO Forecasting & Overcoming the Honeymoon Effect
- 34:39 – Supplier Councils: Cost Savings & Innovation
- 40:07 – Best Practices: Aligning Finance & Supply Chain
- 44:25 – Fractional CFO Model at Seton Hill Partners
- 46:44 – Closing Remarks & Final Takeaways
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