Talking Logistics

JUNE 4, 2018

A recent piece in the Wall Street Journal Logistics Report highlighted how rising logistics costs are squeezing the food and beverage industry. With the increased cost of moving goods, food and beverage companies are being forced to increase the price of their products to maintain their profit margins. Stock-outs.

Inventory Reduction 102

Inventory Reduction Price Reduction Waste Reduction Cost Reduction Strategies 102

Supply Chain Shaman

JANUARY 9, 2024

An average margin of 21% with inventory turns of 1.58 As shown in Figure B, the company improved cash-to-cash through the extension of payables, but never improved inventory levels after the spin-off from Kraft. Intuitive Surgical, Monster Beverages, and Urban Outfitters defined new models through customer-centric innovation.

Supply Chain Planning Software 281

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 281

Logility

MARCH 19, 2018

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). Location-by-location and type-by-type inventory optimization produces sub-optimal results.

Optimal Sourcing 113

Optimal Sourcing Supply Chain Planning Software Beverage Prescriptive Analytics Software 113

Logility

MARCH 29, 2018

Last week we shared five capabilities to help take the Food & Beverage supply chain to the next level. Accurate forecasts help minimize inventory, maximize production efficiency, streamline purchasing, optimize distribution and ensure confidence in company projections. Advanced Inventory Management.

Beverage 100

Beverage Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 100

ThroughPut

MAY 25, 2021

How To Leverage The Benefits Of S&OP For The Food And Beverage Industry? Supply chain-focused organizations like the food and beverages industry can turn the tide with an efficient S&OP process and improve their overall business performance. How different is S&OP in the volatile world of the food and beverage industry?

S&OP 52

S&OP Supply and Demand Beverage Supply Chain Planning Software 52

DELMIA Quintiq

JULY 31, 2023

The food and beverage (F&B) industry has always been highly responsive to changes in consumer behavior, but rising food prices have brought about new challenges—pushing manufacturers to search for new ways to adapt and remain competitive in a rapidly changing market. What is an example of sustainable food?

Sourcing Strategies 156

Sourcing Strategies Supply Chain Planning Software Waste Reduction Price Reduction 156

IQMS

OCTOBER 2, 2019

Bottom Line: High performance, integrated food & beverage supply chains are the lifeblood of successful manufacturers in the industry, enabling them to flex in response to customer demand. It’s Time to Start Managing Food & Beverage Supply Chains For the Future, Not The Past.

Beverage 44

Beverage Supply Chain Planning Software Food Inventory Management Software 44

ThroughPut

MAY 25, 2021

Supply chain-focused organizations like the food and beverages industry can turn the tide with an efficient S&OP process and improve their overall business performance. . S&OP helps you keep a close eye on financial and business impact, prompting better decisions across teams through carefully planned strategies.

S&OP 52

S&OP Supply and Demand Beverage Supply Chain Planning Software 52

Unleashed

NOVEMBER 16, 2022

While this shift in stock strategy has let firms deliver to their customers within reasonable time frames, it has also fundamentally altered their financial performance. We did this by analysing four key metrics: The average value of total stock on hand – reflecting the volume of goods held (plus impacts from inflation). Food 93.69%.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Price Reduction 52

RFgen

AUGUST 12, 2020

The food and beverage industry must adapt to disrupted supply chains, urgent consumer safety and unpredictable demand. Food and beverage companies face a unique set of challenges, including food safety concerns, traceability requirements and market spikes. The food and beverage industry is a vital part of our economy.

Supply Chain Software 55

Supply Chain Software Beverage Food Supply Chain Design Software 55

Unleashed

JUNE 7, 2023

Inventory optimisation is the process that enables efficient inventory management. In this guide, we define inventory optimisation and offer a few actionable tips and strategies for getting it right every time. In this inventory optimisation guide: What is inventory optimisation?

Inventory Management Software 52

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

Logility

JUNE 21, 2022

Increasing numbers of consumers will abandon their shopping cart if they can’t get things when they want them, and this goes across verticals that include apparel, food, and beverages. Achieving this goal requires optimizing your strategy with an aim toward perfect order fulfillment. billion growth by 2025 for same-day delivery. .

Modeling 173

Modeling Supply Chain Planning Software Demand Planning Software Supply Chain Software 173

RFgen

AUGUST 12, 2020

The food and beverage industry must adapt to disrupted supply chains, urgent consumer safety and unpredictable demand. Food and beverage companies face a unique set of challenges, including food safety concerns, traceability requirements and market spikes. The food and beverage industry is a vital part of our economy.

Supply Chain Software 52

Supply Chain Software Beverage Food Supply Chain Design Software 52

RFgen

DECEMBER 9, 2021

Here are three pitfalls to avoid when automating your food and beverage manufacturing processes. When it comes to mobile automation strategies, it’s important to remember the user behind the technology. The results include wasted labor, loss of profit, stalled inventory, reduced efficiency, and more year-over-year.

Supply Chain Software 52

Supply Chain Software Beverage Supply Chain Planning Software Food 52

RFgen

DECEMBER 9, 2021

Here are three pitfalls to avoid when automating your food and beverage manufacturing processes. When it comes to mobile automation strategies, it’s important to remember the user behind the technology. The results include wasted labor, loss of profit, stalled inventory, reduced efficiency, and more year-over-year.

Supply Chain Software 52

Supply Chain Software Beverage Supply Chain Planning Software Food 52

DynaSys

JUNE 1, 2021

We recently introduced to you the concept that the food & beverage supply chain is similar to that of a recipe for a manufactured food product. It will ensure that your supply chain is operating at peak efficiency; providing agility and adaptability to succeed in today’s disruption food and beverage marketplace. Knowledge is Power.

Beverage 52

Beverage Supply Chain Planning Software Food Supply Chain Software 52

Stord

APRIL 11, 2022

The out-of-stock sticker shock we experienced in the past few years is forcing retailers to take a hard look at how they plan inventory. Why Has Inventory Been so Hard to Come By? Near the start of the pandemic, the inventory-to-sales ratio in the U.S. This approach would have an inventory-to-sales ratio of close to 1.0.

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

Logility

DECEMBER 21, 2021

Logility recognized for moving the food and beverage supply chain forward efficiently. This award honors Logility for ensuring a safe, efficient and reliable global cold food and beverage supply chain throughout 2021. Food Logistics reaches more than 26,000 supply chain executives in the global food and beverage industries.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Analytics Software Demand Planning Software 130

Supply Chain Game Changer

SEPTEMBER 23, 2022

On the other hand, inefficient distribution centers are prone to inventory inaccuracy and poor warehouse layout. This article provides seven effective strategies to optimize your distribution center. Regularly Monitor Inventory. Therefore, you should use these seven strategies to optimize your distribution center.

Inventory Reduction 52

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 52

Logility

MAY 26, 2022

25% of inventory surpluses are caused by a lack of transparency and visibility into the supply chain. The bullwhip effect creates a demand-constrained supply chain marked by excess inventory, production planning problems, and even adversely affects customer service. Then, there’s the issue of surplus inventory.

Demand Planning Software 173

Demand Planning Software Supply and Demand Modeling Supply Chain Planning Software 173

Logility

FEBRUARY 21, 2017

F&B company I was lucky (using that term loosely) to be given the opportunity to develop a 3 to 5-year improvement strategy covering supply chain people, process, and technology. Listed in the balance sheet, inventory tends to attract a high level of attention from senior management.

Supply Chain Planning Software 102

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 102

QAD

APRIL 19, 2022

When we talk about predictions and strategic planning with consumer packaged goods (CPG) and food & beverage (F&B) companies, we’re met with a great deal of uncertainty given the current state of disruptions and upheaval. Consumer Packaged Goods and Food & Beverage manufacturers continue to face these pressures and more.

Manufacturing 97

Manufacturing Predictive Analytics Software Supply Chain Planning Software Beverage 97

Logistics Viewpoints

JANUARY 12, 2024

The retailer says snacks and beverages are the most popular items sent by drone. In 2023, Amazon experimented with new logistics strategies and technologies to quickly fulfill and deliver orders, and these changes paid off big. The faster delivery times this year specifically may be attributed to changes in Amazon’s logistics strategy.

Logistics Network Optimization Software 257

Logistics Network Optimization Software Price Reduction Inventory Reduction Resource Reduction 257

RFgen

JANUARY 23, 2023

Overview: What is mobile device inventory management? With so much information out there about inventory management best practices, it can be hard to determine what steps to take to make improvements. Mobile inventory systems are a proven “must-have” solution for enhancing materials management. Yet many companies struggle.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Modeling Software 52

Kinaxis

SEPTEMBER 12, 2016

The most common strategies for moving from upstream to downstream sites are push and pull strategies , or some mix of both. A pull strategy is when customer demand drives the entire production process. On the other hand, a push strategy is when production is based on long term customer forecasts.

Inventory Reduction 100

Inventory Reduction Waste Reduction Cost Reduction Strategies Material Savings 100

Supply Chain Shaman

DECEMBER 28, 2020

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.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

RFgen

JULY 7, 2020

Many companies rely on spreadsheets to track and record warehouse inventory movements. Today’s challenges require modernizing manual inventory tracking with digital automation like mobile barcoding technology. Too many companies rely on inefficient, inaccurate manual processes like recording inventory movements in spreadsheets.

Inventory Reduction 54

Inventory Reduction Cost Reduction Strategies Warehousing Inventory 54

Unleashed

APRIL 2, 2024

In this issue: The latest in global supply chain news Insights from an ecommerce niche-market pioneer Tips for reducing transportation costs Job opportunities from Sony, Patagonia, and more In supply chain headlines Food & Beverage sector sees continued growth and innovation. The F&B industry added 1.4

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

The Logistics of Logistics

NOVEMBER 3, 2021

Richard is the founder and CEO of Gray Growth Strategies , a consulting company that provides custom-tailored solutions for refrigerated or frozen food fulfillment needs. His primary focus is now helping food & beverage brands both large and small, launch and/ or scale in the fast-paced world of ecommerce. About Richard Gray.

Food 130

Food Expense Reduction Cost Reduction Strategies Inventory Reduction 130

RFgen

JULY 7, 2020

Many companies rely on spreadsheets to track and record warehouse inventory movements. Today’s challenges require modernizing manual inventory tracking with digital automation like mobile barcoding technology. Too many companies rely on inefficient, inaccurate manual processes like recording inventory movements in spreadsheets.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Warehousing Inventory 52

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

SYSPRO Smarter ERP

JANUARY 31, 2022

This is especially critical to the US Food and Beverage industry respondents ( 69% ). 2. Managing working capital, cash flow, and inventory costs. investments), cash flow, and rising inventory costs rank as the second-highest CFO priority for 2022. At 40%, managing working capital (vs.

Manufacturing 105

Manufacturing Inventory Reduction Inventory Management Software Cost Reduction Strategies 105

RFgen

JANUARY 16, 2023

The Coca-Cola supply chain can be a role model for how beverage manufacturers can improve efficiency. With 48% of global market share and two of the world’s top three beverages, it’s no secret that Coca-Cola is a successful brand. The Coca-Cola distribution strategy puts its focus on local opportunities. Manufacturer.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 52

Supply Chain Shaman

JULY 22, 2019

Smaller, more agile companies outperform the larger and well-known brands in the retail, beverages, food, and pharmaceutical industry sectors. A clear definition of purpose and alignment of business process to corporate strategy is an apparent characteristic of companies that outperform. Leadership. Outside-in Processes.

Supply Chain Design Software 248

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 248

TradeGecko

MAY 14, 2019

The food and beverage (F&B) industry can pose unique challenges for inventory management. With that in mind, we’ve put together some of the key food and beverage inventory management techniques you should consider if you’re in the F&B industry.

Beverage 84

Beverage Inventory Management Inventory Reduction Food 84

Unleashed

JULY 25, 2021

Sustainable food waste management therefore looks at strategies to reduce waste where it occurs, before it occurs. How can food and beverage manufacturers reduce their waste? The following five strategies can help food and beverage manufacturers to manage and reduce their food waste: 1. Improving food inventory control.

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

Logility

JUNE 15, 2021

Partnership Helps Consumer Products, Food and Beverage, and Life Sciences Industries Turn Supply Chain Challenges into Opportunities for Growth and Success. ATLANTA – June 15, 2021 – Logility, Inc., ATLANTA – June 15, 2021 – Logility, Inc.,

Logility 130

Logility Supply Chain Planning Software Supply Chain Design Software Supply Chain Transformation 130