Wine Business Flashcards
(24 cards)
What is stylistic consistency in wine?
The ability to produce wines with similar sensory profiles, quality levels, and identity over different vintages.
Why is stylistic consistency important for wine producers?
Maintains consumer trust, brand loyalty, and market positioning.
How can blending ensure consistency?
Combining wines from different parcels, varieties, or vintages to balance vintage variation.
What role does oak regime play in consistency?
Standardizing oak type, toast level, and ageing time supports consistent flavor integration.
How does reserve wine use help consistency?
Older wines can balance young vintage variability, commonly used in Champagne.
What vineyard practices aid consistency?
Canopy management, yield control, and precision viticulture to normalize ripeness.
What cellar practices support consistency?
Yeast strain selection, temperature control, SO₂ management, and filtration protocols.
Give an example of a brand known for vintage consistency.
Penfolds Grange, Champagne houses (e.g., Veuve Clicquot NV).
What are the key logistical steps in wine distribution?
Packaging, warehousing, shipping, customs clearance, and final delivery.
How has container availability become a challenge for wine?
Post-COVID imbalance caused delays and cost increases due to scarcity.
What role does temperature control play in wine logistics?
Essential for quality preservation; avoids spoilage or bottle expansion/contraction.
How do regulatory differences pose challenges?
Different labeling, duty, and packaging rules increase complexity and cost.
What are customs and tariffs issues faced by wine producers?
Variable tariffs (e.g., US-EU trade disputes), paperwork errors, border delays.
How can producers manage these logistical challenges?
By working with specialized freight companies, using temperature-controlled containers, and building buffer inventory.
What is a bonded warehouse and its function?
A secure facility where wines can be stored tax-free until released to the market.
Name a technology improving wine logistics.
RFID tracking, blockchain for traceability, or cloud-based inventory management.
What is meant by global supply chain disruption?
Interruptions in sourcing, transport, or distribution due to geopolitical, health, or climate events.
How can cork shortages affect wine brands?
May require closure changes affecting perception, quality control, and consistency.
How can bottle shortages impact profitability?
Forces producers to use more expensive or alternative packaging, raising production costs.
What is the impact of delayed shipments on wine quality?
Delays in transit, especially under poor conditions, can lead to spoilage or oxidation.
How does inconsistent supply damage brand image?
Unavailability or quality issues reduce consumer trust and disrupt retail relationships.
What financial impacts arise from logistics disruptions?
Higher freight rates, storage fees, loss of sales, and renegotiation with distributors.
What contingency strategies can wine producers use?
Diversified suppliers, long-term contracts, local sourcing, and on-site bottling.
Give an example of a supply chain disruption event.
COVID-19 lockdowns in China, Russia-Ukraine conflict, or Panama Canal drought.