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. Increased Sourcing Transparency .

Food 52

Food Trends Manufacturing Procurement Procurement Analytics 52

Zipline Logistics

APRIL 4, 2023

The report reveals that increased efficiencies and visibility are top priorities for companies over the next 1-3 years. Read the full report here. Retailers Out-of-Stocks Based on IRI data , the beverage industry was out-of-stock on average 10% in March 2023. Derived from DAT RateView.

Freight 76

Freight Price Reduction Expense Reduction Cost Reduction Strategies 76

CH Robinson Transportfolio

JUNE 9, 2022

In your personal life, you can use a variety of devices to make purchases—from your phone to your smart TV, it’s all possible within whatever device you’re using. In fact, today you can procure freight rates from your transportation providers right in your TMS. Cost savings in loose markets. Route guide failure. Save money.

Supply Chain Planning Software 70

Supply Chain Planning Software Demand Planning Software Analytics Software Optimization Software 70

Unleashed

AUGUST 17, 2021

Advantages: Manufacturers save on infrastructure costs : the company avoids the cost of purchasing, managing and periodically upgrading expensive software. Because the software is backed up offsite, data is safe in the case of events like flooding, fire and theft. Disadvantages: CAD systems can be costly to purchase.

Inventory Management Software 97

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

Kinaxis

JULY 7, 2017

With the number of connected devices estimated to surpass six billion next year and more than 20 billion by 2020, the steady stream of data these devices are providing can easily crowd and clog your supply chain planning processes if you’re not prepared. Real-world examples. Examples of this already exist in the marketspace.

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Scenario Planning Gartner 201

ThroughPut

MARCH 28, 2024

The market size of AI in the food industry , including the beverages sector is set to cross USD 9.68 As per a recent study, AI can help reduce production costs by almost 20% in the agriculture sector! Food Production AI tools can drive advanced predictive analytics with precision forecasting for weather and crop yield predictions.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Unleashed

MAY 28, 2023

First-in, first-out (FIFO) is a cost-flow inventory method used to value inventory stock. FIFO assumes the items first purchased or first produced are the first items to be sold. Under the FIFO method, the inventory you have left at the end of your accounting period would be the items you’ve most recently purchased or produced.

Purchasing Skills 52

Purchasing Skills Inventory Reduction Price Reduction Material Savings 52

o9 Solutions

DECEMBER 21, 2021

’ While this phrase may engender an image of a harried servant in Versailles sprinting through the gold-embellished halls on a life or death search for the last drop of bubbly to satiate a party of raucous ancien régime nobles, it’s actually the current rallying cry of beverage retailers across the world.

Scenario Planning 98

Scenario Planning Supply and Demand Las Vegas Supply Chain Planning Software 98

SYSPRO Smarter ERP

OCTOBER 11, 2021

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. This can be different as well as for the purchasing (e.g. grams for dry materials and litres for liquid ingredients). Inventory control.

Manufacturing Procurement 119

Manufacturing Procurement Manufacturing Supply Chain Planning Software Purchasing Skills 119

RFgen

NOVEMBER 11, 2015

A recent research report conducted by the University of Adelaide studied numerous purchasers at different phases of the supply chain to see what data leads to their final decisions. The report found restaurant managers buy wine based on taste, while people dining out prefer to stick to brands they are familiar with.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Data Manufacturing Procurement 52

RFgen

NOVEMBER 11, 2015

A recent research report conducted by the University of Adelaide studied numerous purchasers at different phases of the supply chain to see what data leads to their final decisions. The report found restaurant managers buy wine based on taste, while people dining out prefer to stick to brands they are familiar with.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Data Manufacturing Procurement 52

Unleashed

JUNE 7, 2023

Supply Chain Dive Inventory optimisation relies on detailed data analysis, inventory management automation , and effective demand forecasting. The inventory optimisation process looks something like this: Historical data for product sales and supplier lead times are analysed to determine predictable supply and demand trends.

Inventory Management Software 52

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

Cognira

DECEMBER 20, 2022

Retail AI/ML & Data Science. 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. Green Point of Purchases. Green Point of Purchases. December 20, 2022. Product Packaging. Recycling Programs.

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. It is becoming more common for food & beverage companies, for instance, to collect, clean and reuse boxes, bottles and barrels.

Reverse Logistics 98

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

ShipBob

SEPTEMBER 25, 2023

CBD products come in many forms, such as supplements, beverages, skincare, pet care, and more, so it has also become a popular product among ecommerce sellers. The rest of this article provides general information on shipping CBD products. Registration usually costs about $100 in most cases. Products contain <0.3%

How To 98

How To Demand Planning Software Supply Chain Planning Software Analytics Software 98

Supply Chain Game Changer

SEPTEMBER 23, 2022

These centers include areas to receive the items, ensure package efficiency, and store, ship, and audit supplies which is why you want to optimize your Distribution Center. A well-designed warehouse layout creates more efficient access to stored items and reduces shipping. Change Distribution Center Layout.

Inventory Reduction 52

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 52

Logistics Bureau

JULY 27, 2020

The diamond and gold, tea and coffee, beverage, food, and automotive industries all have participants with blockchain applications under test, operating as pilots, or implemented as digital solutions to improve supply chain operations. Blockchain for Beer and Beverage. The system has been enjoying success throughout its early phases.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Procurement Solutions 69

ShipBob

MARCH 11, 2022

This makes your products more easily searchable by people looking to make a purchase on Facebook. Streamlined checkout and shipping process. On top of reduced selling costs compared with running an ecommerce website, Facebook also offers a simplified shopping cart and shipping process. Personalized experience.

Purchasing Skills 52

Purchasing Skills Supply Chain Design Software Price Reduction Demand Planning Software 52

Unleashed

MAY 19, 2020

Knocked back just 7% in sales volumes during the height of 2020 lockdowns, according to Unleashed Software’s own data, the beer industry overall has shown remarkable resilience – for somewhat obvious reasons – and appears likely to continue its expansion. In fact, you will probably not have access or records of all the data.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Technology advancements and adoption are driven by better data availability and a push for better visibility, efficiency and accuracy. Centralized information eliminates data silos and strengthens information sharing through real-time communication (instead of point-to-point data transmission). Internet of Things.

Supply Chain Planning Software 298

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

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. This requires an analysis of your sales data, seasonality, market demand, and customer feedback for different products.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 52

Logichain Solutions

OCTOBER 8, 2018

With all the data from IoT, more sophisticated analytics can be applied throughout the entire value chain to identify improvement opportunities and best practices. And even when connecting RFID chips to computer systems, the data still needs to be shared with monitoring and enterprise systems. Benefits of IoT.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Network Software Analytics Software Optimization Software 40

Logichain Solutions

OCTOBER 8, 2018

With all the data from IoT, more sophisticated analytics can be applied throughout the entire value chain to identify improvement opportunities and best practices. And even when connecting RFID chips to computer systems, the data still needs to be shared with monitoring and enterprise systems. Benefits of IoT.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Network Software Analytics Software Optimization Software 40

Logichain Solutions

OCTOBER 8, 2018

With all the data from IoT, more sophisticated analytics can be applied throughout the entire value chain to identify improvement opportunities and best practices. And even when connecting RFID chips to computer systems, the data still needs to be shared with monitoring and enterprise systems.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Network Software Analytics Software Optimization Software 40

Logichain Solutions

OCTOBER 8, 2018

With all the data from IoT, more sophisticated analytics can be applied throughout the entire value chain to identify improvement opportunities and best practices. And even when connecting RFID chips to computer systems, the data still needs to be shared with monitoring and enterprise systems.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Network Software Analytics Software Optimization Software 40

Logichain Solutions

OCTOBER 8, 2018

With all the data from IoT, more sophisticated analytics can be applied throughout the entire value chain to identify improvement opportunities and best practices. And even when connecting RFID chips to computer systems, the data still needs to be shared with monitoring and enterprise systems.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Network Software Analytics Software Optimization Software 40

Locus

DECEMBER 22, 2021

With last-mile delivery costs contributing to more than 50% of total shipping costs, the rising expectations in home delivery increases the risk of encountering inefficiencies. The growth in e-commerce purchases has increased the demand for returns through the same channel. But things have changed today.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling 52

ShipBob

SEPTEMBER 10, 2021

Part of a warehouse receiving inspection includes training staff on throughly checking important details of every delivery: Quantity delivered and ensuring it matches what is listed on the purchasing order. In fact, 25% of all reported warehouse injuries occur on loading docks. Integrity of seals. Product codes/SKUs. Medical supplies.

Warehousing 52

Warehousing Supply Chain Design Software Inventory Management Software Inventory Reduction 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. In inventory management, KPIs matter because they offer information about turnover, sales, demand, costs and more. These types of metrics are Sales KPIs, Receiving KPIs and Operational KPIs.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

RFgen

MARCH 12, 2024

How to Track Your Inventory Anytime, All the Time GET THE GUIDE » The Financial Transparency of FIFO Since FIFO aligns inventory operations with financial reporting, inventory valuation transparency increases. This is because the newer inventory is purchased at a higher inflationary value. Automation software can simplify the process.

Inventory Management Software 79

Inventory Management Software Inventory Reduction Inventory Management Material Savings 79

ShipBob

FEBRUARY 17, 2023

Your brand’s average order value (AOV) isn’t a vanity metric. Better yet, simple changes in your business model can have a substantial impact on your AOV. With ShipBob’s 2-Day Express Shipping Program , we’ve seen a 24% increase in our average order value for qualifying orders.” Being in the middle is a very dangerous place.

Price Reduction 105

Price Reduction Cost Reduction Strategies Inventory Reduction Expense Reduction 105

Unleashed

FEBRUARY 15, 2021

Ingredients that promote gut health and superfoods like elderberry, apple cider vinegar, ginger and turmeric are being added to more products, as brands see an opportunity to prosper from a spike in interest for food and beverages that contain perceived health benefits. Key trends in the vitamin and supplement industry: 2021 report.

Food 93

Food Trends Industrial Industry 93

SYSPRO Smarter ERP

FEBRUARY 21, 2022

For some beverage manufacturers, production needs to allow time for the liquid to mature, then when converting the process to discrete finished goods (for beer that would be filling the bottles), scheduling must allow time for the liquid to settle. Lot traceability and reporting are key factors in mixed-mode environments. Traceability.

Manufacturing Procurement 116

Manufacturing Procurement Manufacturing Inventory Management Software Forecasting Software 116

BlueYonder

NOVEMBER 20, 2023

Blue Yonder was named a Leader in this inaugural report and the leader in the Better Functionality quadrant based on an evaluation of our Blue Yonder Warehouse Management solution. Blue Yonder’s WMS , a SaaS solution, empowers businesses to deliver consistently high service at a value-driven cost.

Supply Chain Planning Software 119

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Analytics Software 119

Alloy

MARCH 18, 2021

McLane Company is an important customer for many food and beverage brands, who use its supply chain services to get their products to grocery, drug and convenience stores. McLane typically doesn’t monitor this data, so their orders and distribution don’t take into account the valuable insights from it.

Inventory Reduction 52

Inventory Reduction Alloy Inventory Data 52

ShipBob

FEBRUARY 26, 2024

It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. This plan should be very specific, clearly laying out details related to order data and organizational management. Creating an order forecast – You then use the sales data to forecast your orders.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

EMERGE App

MAY 24, 2020

As a small business owner of a wholesale or distribution business , there are so many metrics that you can apply to your business to assess your relative performance. The order fill rate is one such metric that you need to pay attention to. A satisfied customer will see all or most of their orders fulfilled and shipped immediately.

Procurement Analytics 52

Procurement Analytics Inventory Management Software Sourcing Strategies Purchasing Skills 52