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Key Ingredients to a Synchronized Food and Beverage Supply Chain

QAD

Updated: April 4, 2024 Published: July 17, 2021 In today’s competitive food and beverage marketplace, events occur and challenges arise that impact the normal course of business. As our discussions evolved, we put the food and beverage supply chain into the same context of a product that the industry produces.

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The Food & Beverage Supply Chain is Ripe for a Digital Transformation

Logility

The global food and beverage supply chain has been stressed to the breaking point by the COVID-19 Pandemic. In fact, according to Euromonitor International, food and non-alcoholic beverages is the only consumer spending category expected to show positive growth in 2020. The System Challenge (and Solution).

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The Food and Beverage Industry is in Crisis – How will you Respond?

Logility

When a crisis hits, having the right advanced analytics to react to supply chain disruptions in food and beverage is your best defense. If your business has yet to embrace advanced analytics as a component of superior people, process and solutions, there is a silver lining. Begin by creating an advanced analytics roadmap.

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Demand Sensing (and Other Secret Ingredients) for Food and Beverage Supply Chain Success

Logility

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. Reap the Benefits of Advanced Forecasting Capabilities.

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Prescriptive Analytics is Going Mainstream. Is your Organization Ready?

AIMMS

To do this, many are relying on prescriptive analytics. According to Gartner, 11% of mid and large-sized enterprises currently have some form of prescriptive analytics. AIMMS has been in the market of prescriptive analytics (otherwise known as mathematical optimization) since 1989. This will grow to 37% by 2022.

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Prescriptive Analytics is Going Mainstream. Is your Organization Ready?

AIMMS

To do this, many are relying on prescriptive analytics. According to Gartner, 11% of mid and large-sized enterprises currently have some form of prescriptive analytics. AIMMS has been in the market of prescriptive analytics (otherwise known as mathematical optimization) since 1989. This will grow to 37% by 2022.

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Key Ingredients to a Synchronized Food and Beverage Supply Chain

QAD

In today’s competitive food and beverage marketplace, disruptions are a daily occurrence. Nowadays, events like these are just normal day to day issues of a food and beverage business. . As our discussions evolved, we put the food and beverage supply chain into the same context of a product that the industry produces.