Logility

JUNE 15, 2021

Food and beverage companies can use demand sensing to predict sudden market trends and prepare for actual supply needs. Demand fluctuations dominate the food and beverage (F&B) industry. Three More Supply Chain Forecasting Solutions to Consider for Food and Beverage. Advanced inventory management.

Supply and Demand 147

Supply and Demand Beverage Supply Chain Planning Software Demand Planning Software 147

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. The first story is about a large regional food manufacturer.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Logility

MARCH 19, 2021

When a crisis hits, having the right advanced analytics to react to supply chain disruptions in food and beverage is your best defense. Drilling down, you’ll learn that demand planning, inventory, replenishment, manufacturing and Sales and Operations Planning (S&OP) capabilities are the building blocks of supply chain planning excellence.

Beverage 144

Beverage Food Modeling Supply Chain Planning Software 144

QAD

JUNE 30, 2020

This is the new mantra of food and beverage (F&B) manufacturers. The ERP system is the backbone of a manufacturer, especially for food and beverage companies, and an ERP should provide nothing less than reliability, dependability and adaptability in today’s world. Expect the unexpected. Profits, Profits and Profits.”.

Supply Chain Design Software 131

Supply Chain Design Software Manufacturing Beverage Food 131

DELMIA Quintiq

SEPTEMBER 28, 2023

This is where inventory meets the supply chain. How the food Industry can optimize its supply chain for festivals Many event planners and teams focused on the supply chain may also wonder about possible food or beverage shortages. How do you keep food plenty and mugs full?

Optimal Sourcing 333

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Optimization 333

Logistics Viewpoints

NOVEMBER 13, 2014

The need for track and trace capabilities in industries such as food and beverage, manufacturing or automotive industries is obvious: the threat of contamination or recalls impacts public safety, and the responses to those events are highly regulated. But increasingly, […].

Reverse Logistics 194

Reverse Logistics Supply Chain Risk Management Inventory Management Software Beverage 194

Logility

JUNE 9, 2020

So, what is holding companies back from embracing blockchain and, in particular, what needs to be done to grow the adoption of blockchain in the Food & Beverage Supply Chain? There is no doubt that adopting blockchain capabilities can improve the ability to track and trace food and beverage products from field to fork.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Beverage Supply Chain Software 130

Logility

MARCH 19, 2018

Food and beverage supply chains face mounting pressure to reduce costs, add more value and do more with fewer resources. Food and beverage companies run on razor-thin margins. 2) Multi-Echelon Inventory Optimization (MEIO). Location-by-location and type-by-type inventory optimization produces sub-optimal results.

Optimal Sourcing 113

Optimal Sourcing Supply Chain Planning Software Beverage Prescriptive Analytics Software 113

Logistics Viewpoints

OCTOBER 4, 2021

A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. The company provides demand and inventory planning solutions based on a public cloud architecture. However, there were unrealized revenue opportunities for the manufacturers.

Inventory Reduction 255

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 255

Supply Chain Shaman

JANUARY 9, 2024

Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. An average margin of 21% with inventory turns of 1.58 be careful.

Supply Chain Planning Software 299

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 299

RFgen

MARCH 2, 2022

Food and beverage operations must embrace automated data collection like mobile barcoding in order to enhance efficiency and agility. The right mobile barcoding solution will help you better connect your inventory management across its lifecycle. Connect Your Inventory Lifecycle. Remember the User Behind the Technology.

Beverage 94

Beverage Food Inventory Management Software Supply Chain Planning Software 94

Logility

AUGUST 5, 2021

From shifts in consumer demand to new regulations and disruption in market dynamics and supply networks, food and beverage (F&B) industry executives have always had many reasons to stay alert. Powering Food and Beverage Supply Chain Excellence with S&OP. And the stakes have never been higher.

S&OP 130

S&OP Supply and Demand Beverage Optimal Sourcing 130

Supply Chain Shaman

OCTOBER 22, 2015

I was moving from a position where I led a manufacturing operation to being a part of a team to design supply chain software to improve planning decisions. I was moving from the world of manufacturing to a new world of software. The technology world moves at a quicker pace than the world of manufacturing and distribution.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Inventory Supply Chain Planning Software 150

RFgen

MARCH 2, 2022

Food and beverage operations must embrace automated data collection like mobile barcoding in order to enhance efficiency and agility. The right mobile barcoding solution will help you better connect your inventory management across its lifecycle. Connect Your Inventory Lifecycle. Remember the User Behind the Technology.

Beverage 90

Beverage Food Inventory Management Software Supply Chain Planning Software 90

SYSPRO Smarter ERP

FEBRUARY 17, 2022

When it comes to food and beverages , wealthier segments of the consumer market today are more health-conscious than ever about what they choose to consume, and what effects their choices have on the planet. Their purchases are often strongly determined by nutritional value, packaging, and shelf-life. Traceability and product recalls.

Manufacturing Procurement 105

Manufacturing Procurement South Africa Manufacturing Beverage 105

QAD

MAY 23, 2024

The food and beverage industry is an ever-fluctuating landscape with a constant demand for operational efficiency. This is especially critical in industries like food and beverage, marked by short product shelf lives and significantly varying demand. One of the key challenges is the lack of visibility across the supply chain.

Beverage 91

Beverage Scenario Planning Supply Chain Planning Software Food 91

DELMIA Quintiq

APRIL 6, 2020

In any regular year, manufacturers of seasonal foods such as ice cream, beer and BBQ meat have to deal with uncertainty because consumption of their products are highly dependent on food trends and the weather. Demand planning, however, gets even tougher for manufacturers with the COVID-19 outbreak in 2020.

Scenario Planning 296

Scenario Planning Supply Chain Planning Software Food Modeling 296

QAD

FEBRUARY 25, 2020

While consumer products manufacturers previously led the way for sustainable manufacturing practices, a growing number of manufacturers in other sectors are treating sustainability as an important operational objective to increase global competitiveness. The Sustainability Movement in Business and Manufacturing.

Waste Reduction 145

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 145

Supply Chain Shaman

SEPTEMBER 17, 2014

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. So, I wanted to give you a heads-up on their questions, and my answers.

Optimal Sourcing 302

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 302

QAD

SEPTEMBER 1, 2020

In manufacturing, most internal and external transactions were primarily paper-based. Cybersecurity Risks in Food & Beverage Manufacturing. Cyber threats could impede the movement of materials and ingredients from suppliers to manufacturers. Ransomware attacks have been on the rise against food manufacturers.

Beverage 92

Beverage Food Supply Chain Software Manufacturing Procurement 92

ToolsGroup

JANUARY 6, 2022

Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. These businesses often collect tires of high quality as spare inventory and do not have the infrastructure in place to sell them. It’s time to re-think how our products are manufactured and distributed.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

SYSPRO Smarter ERP

JANUARY 31, 2022

We recently surveyed CFOs and finance executives in the manufacturing and distribution sectors to study how the pandemic has impacted their businesses. 2. Managing working capital, cash flow, and inventory costs. investments), cash flow, and rising inventory costs rank as the second-highest CFO priority for 2022.

Manufacturing 105

Manufacturing Inventory Reduction Inventory Management Software Cost Reduction Strategies 105

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Here are just a few examples: Predictive maintenance: In manufacturing, predictive analytics supports predictive maintenance.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

QAD

APRIL 19, 2022

When we talk about predictions and strategic planning with consumer packaged goods (CPG) and food & beverage (F&B) companies, we’re met with a great deal of uncertainty given the current state of disruptions and upheaval. 2022 Predictions for CPG Manufacturing. The Use of Contract Manufacturing.

Manufacturing 98

Manufacturing Predictive Analytics Software Supply Chain Planning Software Beverage 98

QAD

FEBRUARY 23, 2021

A year ago at this time, I carefully drafted a blog of predictions for 2020 in the consumer products and food & beverage industries. Without going too far out on a limb, I’ve assembled predictions for six areas sure to be hot topics in the consumer products and food & beverage industries. Can 2021 Get Any Crazier?

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Optimization Software Demand Planning Software 98

PINC

APRIL 29, 2020

The global pandemic has thrown manufacturers, distributors, and retailers into a mode that most have never experienced before. live/drop, type of inventory, type of equipment, load status, etc.). Major Beverage Manufacturing company. The gate arm opens automatically and the driver proceeds.

Demand Planning Software 147

Demand Planning Software Logistics Network Optimization Software Inventory Reduction Supply Chain Software 147

Logistics Viewpoints

MAY 4, 2023

Today, a business footprint touches everything from growers and materials suppliers to manufacturers, distributors, logistics providers, and consumers. CPG companies must maintain tight control over inventory to conserve cash while ensuring there’s sufficient stock to meet production schedules or forecasted customer demand.

Supply Chain Planning Software 255

Supply Chain Planning Software Supply Chain Software Analytics Software Forecasting Software 255

SYSPRO Smarter ERP

AUGUST 17, 2022

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. Using proven inventory management processes, supply chain design, and planning helps optimize your stock.

Optimal Sourcing 105

Optimal Sourcing Inventory Management Software Inventory Management Optimization Software 105

SYSPRO Smarter ERP

OCTOBER 11, 2021

There is a belief that manufacturing is a mechanical process with not much thinking involved. While this is wrong for manufacturing in general it is especially wrong for process manufacturers – companies that produce food and beverages, paints, chemicals, pharmaceuticals, and cosmetics. What is process manufacturing?

Manufacturing Procurement 119

Manufacturing Procurement Manufacturing Supply Chain Planning Software Purchasing Skills 119

ToolsGroup

MAY 14, 2019

With continuously shifting consumer preferences and brands around the world rushing to deliver delicious new options for alcoholic beverages, The Absolut Company has been able to navigate the increased complexity while staying true to its heritage and commitment to quality and sustainability.

Optimal Sourcing 120

Optimal Sourcing Inventory Reduction Modeling Supply Chain Planning Software 120

Supply Chain Shaman

JUNE 21, 2023

One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers. For example, Monster Beverages beats Coca-Cola and PepsiCo, while Celanese outperforms Dow Chemical. Is this success? I don’t think so.

Gartner 361

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 361

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What are its advantages and disadvantages?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

Supply Chain Shaman

MAY 29, 2014

I just don’t think the comparison of very different industries in a spreadsheet based on growth, inventory values, and Return on Assets (ROA) is meaningful. The metrics of growth, Return on Invested Capital, Inventory Turns and Operating Margin have the highest correlation to market capitalization.

Gartner 303

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 303

Logility

FEBRUARY 13, 2020

Studies have shown that, on average, demand sensing reduces forecast error by up to 50%, increases inventory accuracy by up to 20% and optimally deploys downstream inventory. As you assess the relevance of demand sensing for your supply chain, ponder these points: Think of demand sensing as daily inventory allocations.

Supply and Demand 174

Supply and Demand Optimal Sourcing Forecasting Inventory Reduction 174

DELMIA Quintiq

MAY 11, 2022

The production of steel is an energy-intensive manufacturing process and the amount required for it is typically generated by burning fossil fuels whose carbon emissions further contribute to the global climate crisis. The graphic above highlights key metals manufacturing trends that are in place today. Technological challenges.

Material Savings 317

Material Savings Supply Chain Planning Software Optimization Software Analytics Software 317

Silvon Software

APRIL 29, 2022

Inventory can be a manufacturer’s most important asset. But a large inventory has its own liabilities such as cost to store and insure it, along with the risk of spoilage, theft and damage. The Basics of Inventory Management KPIs. Every inventory KPI needs a clearly defined goal.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

QAD

JANUARY 6, 2022

We see digital manufacturing as a critical capability integrating planning, scheduling, quality, cost management, asset management, material movement, and shop floor control, resulting in reduced costs, higher quality, and greater customer service. Did You Miss the QAD Tomorrow: Digital Manufacturing Event? And we couldn’t agree more.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimization Software Tools 98