Remove Beverage Remove Inventory Remove Shipping
article thumbnail

Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

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. As with any industry, food and beverage faces its own unique set of supply chain challenges, including: Expiring ingredients, manufactured product and packaged goods.

article thumbnail

Overcoming Supply Chain Challenges in the Beverage Industry 

Logility

Get the insights beverage companies need to meet today’s biggest supply chain challenges. Port congestion, shipping delays, and other supply chain disruptions are affecting industries across all economic sectors, and that includes beverages of all types. Supply Chain Disruptions Affecting the Beverage Industry.

Beverage 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IMO’s Convention on Ship Recycling Enters into Force

Supply Chain Brain

Developed under the auspices of the International Maritime Organization (IMO), the Convention mandates that ships at the end of their operational lives must be recycled in a safe and environmentally sustainable way.

article thumbnail

What is Supply Chain Resilience?

GlobalTranz

COVID-19 triggered an unprecedented surge in panic buying of food, beverages, hand sanitizer, toilet paper, and other essentials. The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices. online, which contributed to overwhelmed parcel shipping networks.

article thumbnail

The Future of Onboard Inventory: How AI-Driven SCM Strategies Could Revolutionize Inventory on the Move

ToolsGroup

By land, by air, by sea – transit organizations know the competition is fierce for retaining customer loyalty, requiring inventory management strategies that balance consumer needs with sustainability initiatives and business goals. In other cases, such as cruise ships, the ship is the warehouse.

article thumbnail

A New Decade: Give Science A Chance

Supply Chain Shaman

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. The second story is about a regional beverage manufacturer.

article thumbnail

Transforming Supply Chain Planning: Embrace the Shift

Bristlecone

AI/ML algorithms analyze data to provide actionable recommendations, such as increasing production capacity, reallocating inventory, reducing prices, or switching suppliers and 3PL service providers. The business carried too much inventory about $6 B, which led to much waste through product obsolescence.