Unleashed

DECEMBER 13, 2023

New manufacturing data reveals the small to medium manufacturing sector remains in recovery mode, with global performance largely mapping to local economic conditions. New Zealand manufacturing, meanwhile, is at an historic inflection point, with stagnant performance in multiple sectors.

Manufacturing Procurement 52

Manufacturing Procurement New Zealand Manufacturing Beverage 52

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. The focus on functional costs without a focus on total cost trade-offs is deadly to margin management. Only 29% of manufacturers easily manage total cost trade-offs. The reason? The result? The reason?

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

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 188

Supply Chain Design Software Purchasing Skills North America Resource Reduction 188

Zipline Logistics

MAY 25, 2021

Everything from food and beverage products to home improvement items saw a significant consumption bump as buyers, sidelined by pandemic restrictions, diverted their purchasing habits from experiences to consumer goods. The study analyzed supply chain performance at manufacturers, wholesalers, and retailers throughout 2020.

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

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. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. In times of uncertainty, cash is king.

Optimal Sourcing 236

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 236

Unleashed

JANUARY 29, 2024

This helps them simplify their inventory management, reduce storage and distribution costs, and offer a more consistent and appealing product range to their customers. An electronics manufacturer chooses to discontinue older or less fashionable design models, based on market trends and customer preferences.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

ToolsGroup

SEPTEMBER 22, 2020

Surveys have shown that consumers are 71% more likely to make a purchase based on social media referrals, and 47% of millennials’ purchases are influenced by social media1. Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

Unleashed

OCTOBER 6, 2021

Consider Vendor Managed Inventory One way to save costs in inventory is to shift the responsibility of its management to your suppliers using a VMI system. Under a VMI system the supplier, usually a manufacturer, is responsible for optimising the level of inventory held by the distributor.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Zipline Logistics

DECEMBER 1, 2020

Since much of the previous year in business and elsewhere was defined by a global pandemic, we are left asking what will 2021 look like for food and beverage shippers. These buyers want to continue food and beverage trends in a similar direction that we saw in the latter 2010s.

Food 52

Food Trends Manufacturing Procurement Procurement Analytics 52

ThroughPut

AUGUST 24, 2021

However, the pandemic upended all processes that involved manufacturing, supply, and delivery of goods. Food & Beverage giants like Kellog’s reported on the state of breakdown in supply chain management. However, these models have tremendously faltered, when they have not altogether failed because of superior intelligence.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. 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. Efficiency and cost management. fashion, automotive, spare parts, airlines).

Agile and Lean Supply Chain 230

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

Supply Chain Game Changer

NOVEMBER 12, 2020

We all know and regularly purchase Fast-Moving Consumer Goods (FMCG, often also referred to as Consumer Packaged Goods, or CPG). But how has the pandemic accelerated changes in the way that consumers find and purchase these products? In some regions the lockdown period caused a boom in the purchase of FMCG products.

Consumer Goods 67

Consumer Goods Procurement Analytics Agile and Lean Supply Chain United Kingdom 67

QAD

SEPTEMBER 22, 2021

This type of software is used by businesses to plan and oversee routine operations, such as supply chain management, manufacturing, services, project management, customer relationship management, risk management, compliance, accounting and procurement. 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

Unleashed

MARCH 6, 2023

But they’re especially useful in fast-moving consumer goods (FMCG) categories such as food and beverages. This article breaks down how to create a marketing plan for the food and beverage industry, plus the benefits of having one. Here are four more major benefits of a food and beverage marketing plan.

Beverage 52

Beverage Food Resource Reduction Cost Reduction Strategies 52

DynaSys

APRIL 14, 2021

One of the most complicated processes in any manufacturing business is the supply chain. If you are trying to compete in today’s complex manufacturing markets; should the “chain” that is the lifeline of your business be rigid? And the avenues for consumer purchases have expanded as well. The pandemic caused an explosion.

Supply Chain Planning Software 52

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

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Over the last decade the use of Terra Technology’s DS product improved short-term demand forecasts by 37% at 13 consumer products, and food and beverage companies.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Unleashed

JUNE 7, 2023

As with hardware, inventory optimisation software should be purchased on an as-needed basis. It differs from anticipation inventory , which is inventory purchased to meet expected demand spikes. Can it analyse historical data and produce valuable reports? 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

Cognira

DECEMBER 20, 2022

According to a study conducted by Cone Communications: 87% of customers are confessing that they will purchase a product because a company advocated for an issue they cared about. 76% of customers will refuse to purchase a company’s products or services upon learning it supported an issue contrary to their beliefs. Product Packaging.

Waste Reduction 52

Waste Reduction Inventory Reduction Expense Reduction Material Savings 52

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

Reverse Logistics 98

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

Supply Chain Shaman

MARCH 15, 2016

Sadly, I find each to have a limited view of supply chain analytics. The majority of manufacturing and retail companies want better performing supply chains. The processes are largely batch, using data with great latency (orders and purchase orders). A Critical Review of the Contract Manufacturing Model.

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

RFgen

MAY 5, 2016

Food manufacturers have to be constantly vigilant to ensure the safety of their consumers. CNN reported that CRF Frozen Foods expanded their voluntary recall of products in May 2016. A Tyco Security food defense report found that once consumers hear a product is recalled, 15 percent of them will never purchase that item again.

Food 52

Food Manufacturing Procurement Inventory Management Software Procurement Analytics 52

RFgen

MAY 5, 2016

Food manufacturers have to be constantly vigilant to ensure the safety of their consumers. CNN reported that CRF Frozen Foods expanded their voluntary recall of products in May 2016. A Tyco Security food defense report found that once consumers hear a product is recalled, 15 percent of them will never purchase that item again.

Food 52

Food Manufacturing Procurement Inventory Management Software Procurement Analytics 52

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. Key performance indicators (KPIs) in inventory management are metrics that help you monitor and make decisions about your stock.

Optimal Sourcing 114

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 114

CH Robinson Transportfolio

APRIL 20, 2020

You may turn to retail consolidate on to align with specific retailer compliance initiatives, improve your on-time delivery performance, and add connectivity across supply chain partners (think manufacturers, suppliers, transportation providers, consolidator, and retailers). Why you should work with an experienced consolidator.

Inventory Reduction 44

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 44

Unleashed

FEBRUARY 4, 2024

7 basic steps in retail inventory management The 7 basic steps in retail inventory management are: Planning Ordering Receiving Storing Selling Reporting Replenishment Let’s break these down. Order When you’ve developed your strategy and have your inventory plan in place, you need to order products from suppliers or manufacturers.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 52

Logility

JULY 20, 2023

Your business can use it to create a demand plan, which will help you set inventory levels, plan production, create manufacturing schedules, and drive other parts of your supply chain. It’s crucial for your demand plan to be accurate because it’s used to set your procurement and manufacturing levels.

Supply and Demand 187

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 187

Unleashed

DECEMBER 28, 2021

In these fast-moving days of technological advancement and economic change, a lot of manufacturers are talking about going ‘lean’. Unintended inventory excess can also be an indication of deeper problems within the business, such as poor forecasting, low sales, over-purchasing of undesirable goods, and so on. Techniques for 2022.

Inventory Reduction 86

Inventory Reduction Cost Reduction Strategies Waste Reduction Expense Reduction 86

Unleashed

SEPTEMBER 20, 2020

You’ll lose this title if more than 25 percent of your business is owned by a larger alcohol manufacturer. A 2017 ANZ report suggests that craft breweries are more labour intensive, which may explain the rise in the employment rate for the beer market, as well as its relatively low labour productivity metrics over time.

Industrial 69

Industrial Industry New Zealand Inventory Management Software 69

ShipBob

FEBRUARY 26, 2024

It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. Developing an agreement – For CPFR to work, manufacturers, retailers, and suppliers should agree on how communication will be carried out. It also helps you make more accurate predictions about your requirements.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Unleashed

SEPTEMBER 28, 2023

Here are some common examples of dead stock: Perishable stock that has passed its use-by date, such as fresh produce used in food and beverage production. This can prevent the risk of dead stock by improving the accuracy of purchase orders to consumer demand. Bundle items that are only available when purchased exclusively in a bundle.

Material Savings 52

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 52

Zipline Logistics

SEPTEMBER 29, 2020

Tender rejections, a metric used to determine how much contracted freight is rejected and sent to the spot market, have been hovering around 25% for the past few months. Costco has reported strong sales since the spring, which currently shows no signs of slowing down. Since the end of April, rates have steadily climbed week over week.

Freight 52

Freight Manufacturing Procurement Logistics Network Optimization Software Los Angeles 52

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. Inventory revaluation is the adjustment of the costs of inventory to reflect changes in the recorded cost. A key metric in inventory revaluation is Net Realisable Value. Changes in your output.

Inventory Reduction 89

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 89

Unleashed

NOVEMBER 26, 2020

The reorder point is the level of stock at which you ought to reorder more stock (or components, in the case of manufacturers). Safety stock levels for manufacturers. If you’re in the business of manufacturing then you need to factor time taken for production into your maximum and minimum lead times. Stock outs and revenue.

Examples 98

Examples Manufacturing Procurement How To Eliminating Excel in Purchasing 98

RFgen

APRIL 20, 2023

The ability to update Oracle Cloud as work occurs is an essential best practice for accurate tracking and reporting. In this guide, we will explore mobile inventory solutions for Oracle Fusion Cloud SCM & Manufacturing , its uses, benefits, and best practices for evaluating possible solutions and vendors.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

Material Handling & Logistics

JUNE 25, 2018

So the CSR score too is more of a popularity contest than a consistent metric. Also, for whatever reason, Gartner limits the scope of the Top 25 to companies in the manufacturing, retail or distribution sectors. In other words, these companies are all multinational giants in their respective verticals. Media Type. Media Credit.

Gartner 81

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 81

Kinaxis

SEPTEMBER 8, 2014

I was on a call last week with a large company in the food and beverage space that has spent $100s of millions, and many years, on an ERP deployment. The issue is that none of their IT investments in the last 10 years have moved the needle on operational metrics such as inventory levels, case fill rates, and other operational metrics.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Modeling Software 261

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. China trade war has already put regionalization of manufacturing back on the table.

Supply Chain Planning Software 116

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