Wine Business Flashcards

(24 cards)

1
Q

What is stylistic consistency in wine?

A

The ability to produce wines with similar sensory profiles, quality levels, and identity over different vintages.

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2
Q

Why is stylistic consistency important for wine producers?

A

Maintains consumer trust, brand loyalty, and market positioning.

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3
Q

How can blending ensure consistency?

A

Combining wines from different parcels, varieties, or vintages to balance vintage variation.

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4
Q

What role does oak regime play in consistency?

A

Standardizing oak type, toast level, and ageing time supports consistent flavor integration.

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5
Q

How does reserve wine use help consistency?

A

Older wines can balance young vintage variability, commonly used in Champagne.

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6
Q

What vineyard practices aid consistency?

A

Canopy management, yield control, and precision viticulture to normalize ripeness.

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7
Q

What cellar practices support consistency?

A

Yeast strain selection, temperature control, SO₂ management, and filtration protocols.

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8
Q

Give an example of a brand known for vintage consistency.

A

Penfolds Grange, Champagne houses (e.g., Veuve Clicquot NV).

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9
Q

What are the key logistical steps in wine distribution?

A

Packaging, warehousing, shipping, customs clearance, and final delivery.

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10
Q

How has container availability become a challenge for wine?

A

Post-COVID imbalance caused delays and cost increases due to scarcity.

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11
Q

What role does temperature control play in wine logistics?

A

Essential for quality preservation; avoids spoilage or bottle expansion/contraction.

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12
Q

How do regulatory differences pose challenges?

A

Different labeling, duty, and packaging rules increase complexity and cost.

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13
Q

What are customs and tariffs issues faced by wine producers?

A

Variable tariffs (e.g., US-EU trade disputes), paperwork errors, border delays.

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14
Q

How can producers manage these logistical challenges?

A

By working with specialized freight companies, using temperature-controlled containers, and building buffer inventory.

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15
Q

What is a bonded warehouse and its function?

A

A secure facility where wines can be stored tax-free until released to the market.

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16
Q

Name a technology improving wine logistics.

A

RFID tracking, blockchain for traceability, or cloud-based inventory management.

17
Q

What is meant by global supply chain disruption?

A

Interruptions in sourcing, transport, or distribution due to geopolitical, health, or climate events.

18
Q

How can cork shortages affect wine brands?

A

May require closure changes affecting perception, quality control, and consistency.

19
Q

How can bottle shortages impact profitability?

A

Forces producers to use more expensive or alternative packaging, raising production costs.

20
Q

What is the impact of delayed shipments on wine quality?

A

Delays in transit, especially under poor conditions, can lead to spoilage or oxidation.

21
Q

How does inconsistent supply damage brand image?

A

Unavailability or quality issues reduce consumer trust and disrupt retail relationships.

22
Q

What financial impacts arise from logistics disruptions?

A

Higher freight rates, storage fees, loss of sales, and renegotiation with distributors.

23
Q

What contingency strategies can wine producers use?

A

Diversified suppliers, long-term contracts, local sourcing, and on-site bottling.

24
Q

Give an example of a supply chain disruption event.

A

COVID-19 lockdowns in China, Russia-Ukraine conflict, or Panama Canal drought.