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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. Advanced inventory management.

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Inventory Management: We Can Do Better

Supply Chain Shaman

Downsizing inventories over the past decade crippled the response.” In Table 1, I share research collected for the Supply Chains to Admire analysis on the average days of inventory by industry across the period of 2004 to 2019 by increments to match economic shifts. Days of Inventory Peer Group Across Time Periods.

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S&OP is Helping Food and Beverage Executives Sleep Better at Night

Logility

From shifts in consumer demand to new regulations and disruption in market dynamics and supply networks, food and beverage (F&B) industry executives have always had many reasons to stay alert. But lately, a new set of supply chain challenges is making everyone more concerned that their business could fall behind overnight.

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Planting the Seeds for Blockchain in the Food & Beverage Supply Chain

Logility

So, what is holding companies back from embracing blockchain and, in particular, what needs to be done to grow the adoption of blockchain in the Food & Beverage Supply Chain? There is no doubt that adopting blockchain capabilities can improve the ability to track and trace food and beverage products from field to fork.

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CPG / Food & Beverage

Vecco International

Vecco provides mission critical end-to-end visibility and response capabilities to manage inventory. Projected inventory is automatically recalculated and compared to minimum and maximum targets as supply or demand events are recorded. This demands strong forecasting capabilities, and a very tightly controlled end-to-end supply chain.

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Five Capabilities to Take the Food and Beverage Supply Chain to the Next Level

Logility

Food and beverage supply chains face mounting pressure to reduce costs, add more value and do more with fewer resources. Food and beverage companies run on razor-thin margins. 2) Multi-Echelon Inventory Optimization (MEIO). 2) Multi-Echelon Inventory Optimization (MEIO). 1) Supply Planning and Optimization.

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Food and Beverage Industry Reevaluating Strategies to Combat Coronavirus

USC Consulting Group

This includes food and beverage suppliers, packers, and manufacturers. “The food and beverage industry is ramping up efforts to adjust and adapt.” “The food and beverage industry is ramping up efforts to adjust and adapt.” Inventory management more of a priority.