Logistics Viewpoints

NOVEMBER 21, 2022

PepsiCo is a very big company, the second largest food and beverage company in the world. PepsiCo generated $79 billion in net revenue in 2021, with 23 food and beverage brands that generate more than $1 billion each in retail sales. 294 manufacturing facilities produced more than 90 million metric tons of food and beverage in 2021.

Supply Chain Design Software 209

Supply Chain Design Software Purchasing Skills North America Resource Reduction 209

QAD

JANUARY 6, 2022

In its 2021 survey, Deloitte once again affirmed the fact that more digitally mature businesses outperform industry averages on a variety of financial metrics. The authors refer to the bounty of benefits that accrue from digital maturity. And we couldn’t agree more. Digitally Mature Manufacturing: Bickford’s.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimization Software Tools 98

Locus

MAY 20, 2024

OTIF – On-Time In-Full On-Time In-Full (OTIF) is a key logistics metric that evaluates whether shipments are delivered completely and on schedule. 3PL – Third Party Logistics Third Party Logistics (3PL) providers offer outsourced logistics services, including warehousing, transportation, and fulfillment.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Inventory Reduction Cost Reduction Strategies Retail 98

3PL Insights

MAY 3, 2021

The tool provides warehouse customers a holistic view of their account activity based on real-time data. “As Evans365 accesses and analyzes data sets from Evans’ warehouse management system and other data sources and presents findings graphically. MELVINDALE, Mich., This is only the beginning. Click here to download the press release.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Tools Distribution 52

Silvon Software

APRIL 29, 2022

Key performance indicators (KPIs) in inventory management are metrics that help you monitor and make decisions about your stock. The Stratum data hub collects, organizes and stores data from multiple sources and serves as a single version of the truth for helping our clients analyze performance KPIs and metrics across their businesses.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

crisp

JUNE 20, 2024

Whether grabbing a single beverage or stocking up on fridgetastic four-packs, this ready-to-drink (RTD) brand’s rise has been fueled by strategic partnerships with distributors like KeHE , unlocking opportunities across major grocery chains. The result? A banner year of impressive growth and expansion.

Supply Chain Planning Software 52

Supply Chain Planning Software Fort Worth Optimization Software Analytics Software 52

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Do you find it ironic that the companies with the highest margins like pharmaceuticals, beverage and beauty increased payables the most? In times of uncertainty, cash is king.

Optimal Sourcing 237

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 237

ToolsGroup

SEPTEMBER 25, 2019

A North American-based survey of nearly 200 supply chain professionals from top CPG, distribution/wholesale, food and beverage, manufacturing, and retail companies found that 58% of respondents are still in the exploring or evaluating phases of digital transformation.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

Logistics Viewpoints

NOVEMBER 7, 2024

In the fast-paced, data-driven environment of today’s warehouse and distribution operations, data visualization has become a linchpin of decision-making, productivity, and user satisfaction. With immediate access to productivity metrics, managers can identify potential issues before they impact overall performance.

Supply Chain Design Software 217

Supply Chain Design Software Predictive Analytics Software Warehousing Analytics Software 217

ShipBob

DECEMBER 13, 2021

Bonded warehousing could be the perfect solution to this challenge. In this post, we explore the option in-depth by explaining what customs bonded warehouses are, how they work, and why they make sense. What are customs bonded warehouses? How bonded warehousing works. Goods are imported to a bonded warehouse.

Warehousing 52

Warehousing 3PL Negotiating Skills Purchasing Skills 52

ThroughPut

MARCH 15, 2024

Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. Based on the outcome chosen, key metrics can be identified to track the impact of AI, such as “order accuracy” or “warehouse throughput”. Thorough data cleansing significantly enhances the accuracy of AI’s predictive capabilities.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ThroughPut

MARCH 15, 2024

Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. Based on the outcome chosen, key metrics can be identified to track the impact of AI, such as “order accuracy” or “warehouse throughput”. Thorough data cleansing significantly enhances the accuracy of AI’s predictive capabilities.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

Unleashed

OCTOBER 6, 2021

Using this strategy improves efficiencies in product delivery, frees up capital and reduces warehousing costs. It can also be used to configure warehousing to ensure the most effective storage of the three types of goods. KPIs can consider factors like turnover, costs, relationships with suppliers, and other metrics.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Unleashed

JUNE 7, 2023

Manual inventory control tasks are automated with the help of software tools and warehousing equipment. Optimal” refers to having enough available stock to satisfy customer demand without freezing your cash flow or running out of warehouse space. With greater visibility into the metrics, a company can go forward.”

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Supply Chain Planning Software 52

Unleashed

DECEMBER 28, 2021

For one thing, each item lying around your warehouses is cash that could have otherwise been invested elsewhere. Every item in your warehouse represents tied-up capital. Or you can collect data to analyse your inventory using important metrics (see below). But excess inventory also comes with a variety of problems.

Inventory Reduction 86

Inventory Reduction Cost Reduction Strategies Waste Reduction Expense Reduction 86

Unleashed

JANUARY 29, 2024

A food and beverage company decides to streamline its product portfolio, based on the nutritional value and environmental impact of its products. Using metrics such as inventory turnover rate , sell-through rate, and gross margin return on investment allows you to monitor your inventory performance more effectively.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Unleashed

NOVEMBER 26, 2020

By looking at lead times in this way they will still be a measure of how long it takes you to get stock into your warehouse ready to be shipped out to a buyer. Be sure to also include any time taken for setting up production, as well as transport times between your factory and your warehouse if these are in different locations.

Examples 98

Examples Manufacturing Procurement How To Eliminating Excel in Purchasing 98

IQMS

SEPTEMBER 20, 2019

Bottom Line: Food & beverage manufacturing’s future is being defined by the over 60 customer quality audit requests a typical manufacturer receives every year, combined with the need to excel at FDA audits and compliance to stay competitive. Quality Audits Need To Become Routine For Food & Beverage Manufacturers.

Beverage 41

Beverage Quality Food Manufacturing 41

The Logistics & Supply Chain Management Society

JULY 20, 2020

The rush to stockpile basic needs like food, beverages and toilet paper led to a dramatic increase in sales at retail outlets such as supermarkets. exact location of goods (on order, in transit, or in a warehouse)). Products we infrequently order are not stored in regular Amazon warehouses. billion (based on 2018 sales).

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

ShipBob

FEBRUARY 26, 2024

It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. Centralize your warehouse management Maybe you have your own warehouse and want to keep fulfillment in-house. ShipBob’s powerful WMS lets you centralize the way you manage your warehouse.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Zipline Logistics

JANUARY 10, 2023

He works alongside clients ranging from some of the largest food and beverage businesses in the world to the brightest up-and-coming CPG brands in North America. Forward-thinking brands are tracking crucial metrics to illuminate their supply chains and find control. Perform a network analysis.

Supply Chain Software 52

Supply Chain Software Security Supply Chain Strategy Logistics Network Optimization Software 52

6 River Systems

JULY 21, 2020

These variances exist across industries, from food and beverages to electronics, automotive, cosmetics and others. Automated warehouses and distribution centers Order picking is one of the most crucial activities in a warehouse, accounting for 55% of operations costs , but it’s also a function that’s prone to human error.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Modeling 52

QAD

SEPTEMBER 22, 2021

Food & Beverage. They wanted real-time data, visuals, and metrics for all manufacturing operations and business processes. The company operates multiple sites in different locations, as well as four warehouses in different districts. It has proven to be particularly useful for companies in the manufacturing space.

Case Study 52

Case Study Study Optimal Sourcing Supply Chain Planning Software 52

Supply Chain Shaman

AUGUST 7, 2019

The company is a food and beverage company. In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. ” Or alternatively, “Is there data that could be sourced to help?”

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 253

Unleashed

APRIL 15, 2020

To help you understand the importance of tracking this metric we’ll illustrate several ways the value of your stock can change. A key metric in inventory revaluation is Net Realisable Value. Food and beverage businesses are especially at risk. But first, let’s look at some basic definitions. What is inventory revaluation?

Inventory Reduction 89

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 89

Unleashed

SEPTEMBER 28, 2023

If you’ve ever had inventory sitting in the storeroom or warehouse unused, unsold, and taking up space – you’ve experienced dead stock. Dead stock often sits, unsold and forgotten, on your back shelves and in the far recesses of your warehouse, losing its value once it has reached the end of its product life cycle.

Material Savings 52

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 52

Logility

MAY 2, 2021

This one shortcoming is perhaps one of the most obvious for this forecasting metric. Take, for example, food and beverage brands known for introducing, proliferating, and rationalizing SKU varietals. By discounting the impact of uncertainty, businesses base their decisions on incomplete and imperfectly reliable data.

Forecasting 147

Forecasting Forecasting Software Procurement Analytics Prescriptive Analytics Software 147

Cognira

DECEMBER 20, 2022

Dispose of waste properly: For retail businesses, waste is a major issue, especially for food and beverage establishments. This covers all areas of the retail business: merchandising, distribution, sales, logistics, and warehousing, as well as supplies and production. You and the environment benefit equally from this.

Waste Reduction 52

Waste Reduction Inventory Reduction Expense Reduction Material Savings 52

RFgen

JANUARY 23, 2023

Compared to manual handling, mobile inventory management delivers higher performance at much lower cost, enabling your operations to hit critical warehouse KPIs. If your warehouse operations use manual inventory control or old inventory software, then you likely struggle with a wall of challenges.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Modeling Software 52

QAD

FEBRUARY 26, 2019

Typical manufacturing products made in Belgium include engineering and metal products, automobile assemblies, transportation equipment, scientific and precision instruments, chemicals, pharmaceuticals, textiles, glass, petroleum and food and beverages. billion metric tons of goods in 2015. Industrial production is growing at about.2

Belgium 85

Belgium Manufacturing Procurement Netherlands Chemicals 85

RFgen

APRIL 20, 2023

Other industries that make or process goods stand to benefit as well: Aerospace & Defense Automotive Chemicals Consumer Packaged Goods (CPG) Electronics Food & Beverage Industrial Manufacturing Medical Devices Oil & Gas (and companies supporting the industry) To name a few.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

Unleashed

AUGUST 18, 2021

It is becoming more common for food & beverage companies, for instance, to collect, clean and reuse boxes, bottles and barrels. When the goods arrive back at the warehouse, an efficient process again saves money. This means that goods can be resold or repurposed more quickly, warehouse space optimised and inventory waste minimised.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

GlobalTranz

MARCH 15, 2017

Products themselves are more environmentally friendly (aerosol free for instance); primary packaging is reduced (pouches compared to jars), and secondary packaging has been slashed (beverages are often now wrapped rather than encased.) . Among the challenges: . Systematically test wrapped pallets to compare them to the standard 4.Develop

Cost Reduction Strategies 120

Cost Reduction Strategies Waste Reduction Expense Reduction Material Savings 120

GlobalTranz

FEBRUARY 27, 2017

Products themselves are more environmentally friendly (aerosol free for instance); primary packaging is reduced (pouches compared to jars), and secondary packaging has been slashed (beverages are often now wrapped rather than encased.). Systematically test wrapped pallets to compare them to the standard.

Waste Reduction 120

Waste Reduction Sustainability Cost Reduction Strategies Expense Reduction 120

6 River Systems

JUNE 29, 2020

Building supply chain resilience isn’t a new goal, but it’s become a primary focus for supply chain leaders in the wake of the pandemic crisis, particularly in the hardest-hit industries, such as food and beverage. ” — Michael Varney and Wil G.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

IQMS

OCTOBER 18, 2019

Machine learning is gaining adoption in Logistics Control Tower operations to provide new insights into how every aspect of supply chain management, collaboration, logistics and warehouse management can be improved. The graphic below shows how contextual intelligence gained from machine learning streamlines operations. no opt-in).

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

ThroughPut

JUNE 19, 2024

This question plagues decision-makers in the Food & Beverages (F&B) industry. How much should you produce or purchase at a time? Products such as fruits, vegetables, dairy, confectionery, and bakery items are highly sensitive, requiring meticulous handling due to hygiene and nutritional concerns, alongside their limited shelf lives.

Supply and Demand 52

Supply and Demand Predictive Analytics Software Demand Planning Software Supply Chain Planning Software 52