SYSPRO Smarter ERP

MARCH 14, 2022

Food and beverage manufacturing and distribution companies usually operate on smaller margins than most organizations in other industries. Unfortunately, a significant chunk of food and beverage companies’ raw materials are commodities, whose prices don’t just fluctuate from month to month but can change hour-by-hour.

Manufacturing Procurement 105

Manufacturing Procurement Cost Reduction Strategies Beverage Material Savings 105

Supply Chain Shaman

SEPTEMBER 17, 2014

Attending the conference was Alexia Howard, Senior Research Analyst – US Foods for Sanford C. The script will be distributed to CFOs of apparel, consumer packaged goods, and food/beverage companies next week. Aligned Metrics. This is an unknown, but in my opinion, 65% of the solution is in the hands of the manufacturer.

Optimal Sourcing 302

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

Supply Chain Shaman

JULY 6, 2020

I started to work at General Foods’ largest plant in Dover, DE, in the summer of 1982 at the age of 24. Frank, the line manager for manufacturing, dominated the meetings. Despite goals to improve agility and resiliency, functional metrics for manufacturing efficiency continually throw the supply chain out of balance.

Agile and Lean Supply Chain 297

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 297

Supply Chain Shaman

MAY 29, 2014

It is a tasteless, innocuous food with little form or satisfaction. As a result, the metrics have to be viewed together as a pattern over time. In the journey, the supply chain leader needs to improve the potential of a portfolio of metrics. I find value in looking at these metrics together. Mush in the Real World.

Gartner 303

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 303

Enterra Insights

APRIL 25, 2023

Tomorrow, 26 April 2023, is international Stop Food Waste Day. According the Stop Food Waste Day website , “Stop Food Waste Day is the largest single day of action in the fight against food waste. Food waste only exacerbates the challenge — and it’s everywhere. ” Why all the fuss?

Waste Reduction 130

Waste Reduction Food Price Reduction Resource Reduction 130

Kinaxis

FEBRUARY 22, 2018

by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. The report also mentions that the global growth rate is almost double that of the US food industry. Food for thought: Time for a different kind of supply chain.

Vendor Strategies 150

Vendor Strategies Inventory Reduction Beverage Modeling 150

Logistics Viewpoints

OCTOBER 4, 2021

They provide these solutions to some of the largest consumer goods and food & beverage companies in the world. They can then use the data to provide an apples-to-apples benchmark on a variety of innovative supply chain metrics applicable to the grocery supply chain. Forecasting Accuracy Was Terrible . That is an all-time low.

Inventory Reduction 240

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 240

Enterra Insights

AUGUST 17, 2022

A growing population, intensifying climate change, and geopolitical tensions are creating conditions that are adversely affecting global food security. However, another, less obvious factor — food waste — is exacerbating the food security challenge. All one needs to do to find someone wasting food is look in the mirror.

Waste Reduction 130

Waste Reduction Food Supply Chain Planning Software Resource Reduction 130

Enterra Insights

AUGUST 17, 2022

A growing population, intensifying climate change, and geopolitical tensions are creating conditions that are adversely affecting global food security. However, another, less obvious factor — food waste — is exacerbating the food security challenge. All one needs to do to find someone wasting food is look in the mirror.

Waste Reduction 130

Waste Reduction Food Supply Chain Planning Software Resource Reduction 130

Supply Chain Shaman

JANUARY 14, 2013

Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. The example that I give in the first post is the focus of manufacturing strategies to drive strong results to improve Return on Assets (ROA) that have actually caused a deterioration in operating margin.

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 260

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. Second, the addition of financial metrics into the process which now gives us IBP.

Beverage 91

Beverage Scenario Planning Supply Chain Planning Software Food 91

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

The Logistics of Logistics

FEBRUARY 11, 2022

OTIF is a key supply chain metric. 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. Andrew Lynch and Joe Lynch discuss the true cost of OTIF failure. About Andrew Lynch. Zipline Logistics was selected as an Inc.

Cost Reduction Strategies 210

Cost Reduction Strategies North America Logistics Network Optimization Software Manufacturing Procurement 210

Supply Chain Shaman

JANUARY 8, 2024

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. The paradigm needs to change to buck the trend. Look at the industry decline in Figure B.

Supply Chain Design Software 243

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 243

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. Did You Miss the QAD Tomorrow: Digital Manufacturing Event? How Do Manufacturers Optimize Digital Manufacturing Efforts? And we couldn’t agree more.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimization Software Tools 98

Unleashed

MARCH 14, 2021

What is the food supply chain? The food supply chain refers to the process of preparing a food product from start to finish: sourcing the raw materials and taking the food through a manufacturing process, through to the final packaging of the product, the sale to the customer and the final delivery.

Supply Chain Software 97

Supply Chain Software Food Manufacturing Procurement Gartner 97

Supply Chain Shaman

JANUARY 31, 2013

Consider the case of food manufacturing. The only metric that we have improved through ten years of IT investments is the revenue/employee number. The company that has done this the best in this food peer group is General Mills. As a result, I believe that companies are at a Supply Chain Plateau. Performance is stalled.

Turkey 231

Turkey Supply Chain Planning Software Supply Chain Planning Inventory Reduction 231

Supply Chain Shaman

AUGUST 12, 2024

Too few are questioning the products that should have never been manufactured. The sad thing is that most companies will never know because they are blindly measuring the wrong metric and driving a supply-centric agenda. Supply-centric or Manufacturing Thinking. Consider the image in Figure 2 of a pet food manufacturer.

Waste Reduction 195

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 195

Logistics Viewpoints

SEPTEMBER 4, 2023

Mr. Master’s experience at Simmons Foods illustrates many of the distinct characteristics and challenges related to freight procurement. Simmons Foods Simmons Foods is a farm to fork poultry manufacturer. Simmons supplies private label products to some of the world’s largest retailers and food chains.

Procurement Solutions 222

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 222

QAD

JUNE 18, 2019

Manufacturers can miss opportunities to adapt due to their lack of speed in responding to disruptive forces, under-investing in new growth areas or applying existing business models to new markets. An example of this is the growing interest from consumers in food traceability, tracking food recalls as well as production from field to fork.

Resource Reduction 111

Resource Reduction Supply Chain Planning Software Modeling Software Manufacturing 111

Supply Chain Shaman

MARCH 28, 2016

The average manufacturing company’s supply chain organization is 15 years old. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Supply Chain Shaman

AUGUST 12, 2020

Only 29% of manufacturers easily manage total cost trade-offs. Total cost analysis is more difficult than it sounds and most technology implementations automated functional measurement systems (manufacturing or procurement), but leave the organization blind on the management of total costs. The reason? The result? The reason?

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

Supply Chain Shaman

MARCH 9, 2020

As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods. In the supply chain, there are potential buffers—excess capacity in manufacturing work centers and inventory. Presentations are hand-picked.

Supply Chain Design Software 309

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 309

Supply Chain Shaman

JANUARY 19, 2014

Despite multimillion dollar technology projects, and tomes of strategy documents, they are stuck in their ability to overcome market factors and rising complexity to drive continuous improvement on a portfolio of metrics. This chart is from a study of 46 leaders in the food industry. They quickly acknowledge that they are stuck.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 278

GlobalTranz

DECEMBER 30, 2014

As with the logistics category where we featured 15 most popular blog posts vs. the 10 we covered in the top manufacturing blog posts and supply chain blog posts , we write so many transportation blog posts in that category, we are going to feature the 16 most viewed transportation blog posts. Read the Full Blog Post. Read the Full Blog Post.

Logistics Network Optimization Software 232

Logistics Network Optimization Software Expense Reduction Supply Chain Planning Software Modeling Software 232

Logistics Viewpoints

MARCH 25, 2024

So, for other ERP providers, a food & beverage template supports all food and beverage companies. In contrast, the Infor food & beverage solution supports micro verticals. That functionality is necessary for bakeries, dairies, and beverage manufacturers, but perhaps less important for other F&B subverticals.

Vendor Strategies 247

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 247

Supply Chain Shaman

MAY 1, 2023

Certain supply chains like maintenance parts, designer/fashion items, new product launches, and food service items must be managed in an agile supply chain. The key is to align these product flows with the efficient supply chain flows to minimize cycle stock in manufacturing and maximize transportation assets. I hope this helps.

Inventory Reduction 246

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 246

Material Handling & Logistics

MAY 2, 2018

According to the United Nations, one in nine people today—or 815 million globally—lack access to the food necessary to lead a healthy lifestyle. Every year, one third of the food produced in the world for human consumption—or 1.3 billion metric tons—gets lost or wasted. World hunger is a global epidemic.

Waste Reduction 91

Waste Reduction Food Procurement Analytics Vendor Strategies 91

Supply Chain Shaman

OCTOBER 13, 2022

While shipping craziness is abating, the issues and implications of the Russian-Ukrainian war, energy shortages in China and Europe, food instability in Africa, and the global water crisis reverberate as disruption after disruption in the supply chain. These results herald upcoming issues for future manufacturing reporting earnings calls.

Supply Chain Planning Software 221

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 221

Supply Chain Shaman

JULY 25, 2016

Unfortunately, we find most companies are moving backwards on the Supply Chain Metrics That Matter™ or making progress on singular metrics versus driving performance improvement on a balanced portfolio of supply chain metrics that correlate to market capitalization. (If The winners and finalists are an elite group.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210

Unleashed

JULY 23, 2023

Key Performance Indicators (KPIs) help manufacturers determine operational strengths and flaws. By tracking the right manufacturing KPIs in your production operations you can accurately monitor performance to ensure the consistent and timely delivery of quality products. In this manufacturing KPIs guide What are KPIs in manufacturing?

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

Supply Chain Shaman

FEBRUARY 13, 2013

We waded through spreadsheet after spreadsheet of data for the last three weeks and contrasted the progress of the high-tech, consumer products, food, pharmaceutical and industrial industries. This is a much better view of supply chain excellence than the easier metric that I used previously of revenue/employee. Sorry, Mark.

Pharmaceutical 233

Pharmaceutical Inventory Reduction Cost Reduction Strategies United States 233

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. Because of the food giant’s size, their sustainability strategy also is very broad.

Supply Chain Design Software 201

Supply Chain Design Software Purchasing Skills North America Resource Reduction 201

Supply Chain Shaman

MARCH 21, 2022

The Port of Shenzhen –a central manufacturing and export hub including the Yantian terminal that handles 25% of all U.S.-bound Still, the manufacturing plants and distribution centers are closed. Taiwan manufacturers 60% of global semiconductors. Semiconductor manufacturing consumes 10% of the island’s water supply.

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

The Logistics of Logistics

JUNE 7, 2021

OTIF is a key supply chain metric. 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. Andrew Lynch and Joe Lynch discuss the true cost of OTIF failure. About Andrew Lynch. Zipline Logistics was selected as an Inc.

Cost Reduction Strategies 147

Cost Reduction Strategies North America Manufacturing Procurement Logistics Network Optimization Software 147

Supply Chain Shaman

OCTOBER 25, 2021

At the enterprise level, manufacturers and retailers focus on corporate efficiency. Figure 1: Current State of a Global Manufacturer of White Goods. Change internal metrics to a balanced scorecard and force the functions to work better together. year-over-year while the food increased 4.6% All are out of balance.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Supply Chain Shaman

SEPTEMBER 27, 2015

This confession comes seven years after selling of contaminated food. The food recall is the largest in US history. …never before has a corporate executive been convicted of federal felony charges in a food safety violation. Food and Drug Administration and the U.S. In 2008, the company manufactured 2.5%

Pharmaceutical 150

Pharmaceutical Supply and Demand Food Manufacturing Procurement 150