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. . How different is S&OP in the volatile world of the food and beverage industry? The food and beverage (F&B) industry is however a different game.

S&OP 52

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

Logistics Viewpoints

NOVEMBER 21, 2022

PepsiCo is a very big company, the second largest food and beverage company in the world. PepsiCo generated $79 billion in net revenue in 2021, with 23 food and beverage brands that generate more than $1 billion each in retail sales. 294 manufacturing facilities produced more than 90 million metric tons of food and beverage in 2021.

Supply Chain Design Software 188

Supply Chain Design Software Purchasing Skills North America Resource Reduction 188

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Talking Logistics

OCTOBER 27, 2016

Outside of the Paris Agreement, the European Union (EU) has a goal of reducing greenhouse gas emissions from transport by around 60 percent below 1990 levels by 2050. Cost reductions sometimes go hand-in-hand with GHG reductions, but some measures could increase transport costs. Corporate Responsibility.

Cost Reduction Strategies 100

Cost Reduction Strategies Material Savings Modeling Software Sourcing Strategies 100

GlobalTranz

SEPTEMBER 25, 2018

On today’s episode we welcome Andrew Lynch, Co-Founder & President of Zipline Logistics, an award-winning logistics service provider that specializes exclusively in the transportation of retail consumer goods and food and beverage products. Capacity & Carrier Metrics Resources to Download. Download E-Book.

Logistics Network Optimization Software 121

Logistics Network Optimization Software Capacity Logistics Waste Reduction 121

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Do you find it ironic that the companies with the highest margins like pharmaceuticals, beverage and beauty increased payables the most? In times of uncertainty, cash is king.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

ThroughPut

MARCH 15, 2024

Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. Based on the outcome chosen, key metrics can be identified to track the impact of AI, such as “order accuracy” or “warehouse throughput”. Thorough data cleansing significantly enhances the accuracy of AI’s predictive capabilities.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ThroughPut

MARCH 15, 2024

Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. Based on the outcome chosen, key metrics can be identified to track the impact of AI, such as “order accuracy” or “warehouse throughput”. Thorough data cleansing significantly enhances the accuracy of AI’s predictive capabilities.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

Logistics Viewpoints

OCTOBER 25, 2021

Here “near real-time” is defined as a refresh of key metrics every five minutes. The customers at the conference included very large food & beverage companies, the largest 3PL in the world, and companies from other industries as well. Product bar codes may also be scanned to verify the right number of products were selected.

Real-time Visibility 173

Real-time Visibility Analytics Software Supply Chain Planning Software Demand Planning Software 173

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. Here are some things to look out for in 2021.

Food 52

Food Trends Manufacturing Procurement Procurement Analytics 52

Material Handling & Logistics

SEPTEMBER 8, 2017

The Institute for Supply Management conducted a special survey that asked members to assess how Harvey might impact six key business metrics and whether they may be impacted by shortages of input materials due to Harvey. "Our Broadly speaking, the six metrics organized by severity of impact into three groups. Most Impacted Metrics.

Metrics 98

Metrics Texas Chemicals Supply Chain 98

Supply Chain Shaman

SEPTEMBER 17, 2014

The script will be distributed to CFOs of apparel, consumer packaged goods, and food/beverage companies next week. There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. Aligned Metrics. Can you help us with what you see in the data?”

Optimal Sourcing 301

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 301

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?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning S&OP 52

Supply Chain Shaman

AUGUST 5, 2015

Overall Results on the Supply Chain Metrics That Matter. In the last five years, consumer products and food/beverage leaders faced different challenges. Overall, in the industry, there is more forward momentum in consumer products sector than the food/beverage peer groups. How Have They Done? They cannot be grouped together.

Agile and Lean Supply Chain 150

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain 150

3PL Insights

MAY 3, 2021

We will continue to improve evans365 by integrating additional data sources and providing even more valuable metrics,” Evans says. There have been major expansions already, including the addition of handling and storage efficiency dashboards. This is only the beginning. Learn more about evans365 on the 3PL Insights blog and access evans365.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Tools Distribution 52

Zipline Logistics

MAY 25, 2021

Everything from food and beverage products to home improvement items saw a significant consumption bump as buyers, sidelined by pandemic restrictions, diverted their purchasing habits from experiences to consumer goods. This performance decrease also came as shippers were forced to pay more in transportation costs across the board.

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

Zipline Logistics

JANUARY 10, 2023

Andrew Lynch is President and Co-Founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. He works alongside clients ranging from some of the largest food and beverage businesses in the world to the brightest up-and-coming CPG brands in North America.

Supply Chain Software 52

Supply Chain Software Security Supply Chain Strategy Logistics Network Optimization Software 52

SYSPRO Smarter ERP

MARCH 14, 2022

Food and beverage manufacturing and distribution companies usually operate on smaller margins than most organizations in other industries. Unfortunately, a significant chunk of food and beverage companies’ raw materials are commodities, whose prices don’t just fluctuate from month to month but can change hour-by-hour.

Manufacturing Procurement 105

Manufacturing Procurement Cost Reduction Strategies Material Savings Beverage 105

RFgen

MARCH 10, 2023

Be sure to measure current order picking metrics, such as: Picking accuracy Picking rate Fill rate On-time rate Travel time You may also need to evaluate other relevant inventory KPIs. For example: Inventory accuracy / error rate Order turnaround / cycle time Cost per order And any other metrics valuable to your operation.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Inventory Reduction Cost Reduction Strategies 52

DELMIA Quintiq

DECEMBER 14, 2021

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. Poor planning on the food production side can result in crops not being harvested, food spoiling during transportation, or even overproduction, leading to food products going bad on the shelves before they can be sold.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

Supply Chain Game Changer

NOVEMBER 12, 2020

Before the lockdowns began, out-of-home (OOH) spending accounted for about 40% of all snack and beverage spending. Even as lockdowns have eased, there has been a change in consumer behaviour, such as professional office workers now choosing to work from home to reduce their exposure to public transport.

Consumer Goods 67

Consumer Goods Procurement Analytics Agile and Lean Supply Chain United Kingdom 67

Supply Chain Game Changer

MAY 18, 2021

The Construction, Agriculture, and Food & Beverages industries are the most dependent on nature. This must include the active management of highly visible metrics and measures associated with nature impacts in most industries. Earth is our only habitable planet.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Design Supply Chain Strategy Supply Chain Software 64

Talking Logistics

JULY 2, 2014

Mobilecast On Track , “a low cost, durable, phone-based solution designed specifically to help track your mobile resources and provide metrics for management.”. Expanding the breadth and depth of this solution will be important too. ——– Excerpt of presentation delivered at Roadnet Perform 2014.

Conference 144

Conference Optimization Software Supply Chain Design Software Analytics Software 144

Unleashed

OCTOBER 6, 2021

Instead, it sends the order directly to a manufacturer or another type of supplier, who then transports the order directly to the customer. In essence, this tells you the most cost-efficient amount to order so your holding and transport costs are in balance. As such, it makes sense to set KPIs for inventory management.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Kinaxis

FEBRUARY 22, 2018

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.

Vendor Strategies 150

Vendor Strategies Inventory Reduction Beverage Modeling 150

Talking Logistics

MAY 22, 2018

It’s the reason why On Time In Full (OTIF) is a critical supply chain metric today. Like many other leading logistics service providers, Transplace invests significantly in technology, including its own software-as-a-service transportation management system (TMS). Transplace TMS Screenshots (source: Transplace).

Supply Chain Planning Software 123

Supply Chain Planning Software Logistics Network Optimization Software Estonia Predictive Analytics Software 123

Precoro

MARCH 31, 2023

For example, Nestlé, a renowned food and beverage company, has a Child Labor Monitoring and Remediation System to identify and prevent child labor in its cocoa supply chain by communicating directly with children at risk, their families, or their communities. Let's learn more about them.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

CH Robinson Transportfolio

APRIL 20, 2020

For example, if your dock space is limited, a regular schedule through the consolidation program eliminates the need to accommodate pickups of small order quantities from multiple transportation providers. We know transportation strategies require planning, especially when it comes to the needs of retail and food and beverage supply chains.

Inventory Reduction 44

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 44

Cognira

DECEMBER 20, 2022

Green Transportation and Logistics. Green Transportation and Logistics. Green Transportation and Logistics: Multiple retailers are currently testing out safer alternatives for the environment instead of the old-fashioned combustive vehicles used. Product Packaging. Recycling Programs. Green Point of Purchases. Product Packaging.

Waste Reduction 52

Waste Reduction Inventory Reduction Expense Reduction Material Savings 52

QAD

FEBRUARY 26, 2019

Typical manufacturing products made in Belgium include engineering and metal products, automobile assemblies, transportation equipment, scientific and precision instruments, chemicals, pharmaceuticals, textiles, glass, petroleum and food and beverages. Belgium’s transportation and communication pathways are robust.

Belgium 66

Belgium Manufacturing Procurement Netherlands France 66

The Logistics & Supply Chain Management Society

JULY 20, 2020

The rush to stockpile basic needs like food, beverages and toilet paper led to a dramatic increase in sales at retail outlets such as supermarkets. Dr. Nicolas Hubbard is Director of Programmes in the Faculty of Transport and Logistics at Muscat University. COVID-19 has dramatically influenced consumer behaviour. Dr. Nicolas Hubbard.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. New knowledge and insights from machine learning are revolutionizing supply chain management as a result. 15th, 2017 (PDF., no opt-in).

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

DynaSys

APRIL 14, 2021

In food and beverage and many consumer packaged goods sectors, the popularity was really gaining momentum just prior to the Covid-19 outbreak. This caused significant transportation and distribution issues. Long production runs or cycled campaigns are good for manufacturing efficiency metrics but not so much for inventory metrics. .

Supply Chain Planning Software 52

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 52

Supply Chain Shaman

MARCH 8, 2016

Over the last decade the use of Terra Technology’s DS product improved short-term demand forecasts by 37% at 13 consumer products, and food and beverage companies. In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Logistics Viewpoints

NOVEMBER 3, 2022

The latter refers to a single variable standard (SVS), by which one metric, such as cases per hour, is expected to tell all. What’s more, because an SVS approach only accounts for one metric at a time, a host of other equally if not more important metrics are bypassed, leaving you largely in the dark. Ad infinitum.

Supply Chain Design Software 212

Supply Chain Design Software Optimization Software System Logistics Network Optimization Software 212

Supply Chain Shaman

NOVEMBER 29, 2015

Is this a sign of a looming recession or a transportation opportunity? I recently visited a large beverage company that has three point of sale systems, four customer insights databases, and numerous retailer information sources. As a result, companies closed manufacturing facilities. Today, we live in volatile times. Streaming Data.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

RFgen

MAY 8, 2016

A few things prompting this growth are a global demand for pharmaceutical products in new countries, an aging population and large molecules created through biotechnology that depends on very cold transport. Food and Drug Administration and the World Health Organization, demand companies provide temperature data during transport.

Inventory 52

Inventory Pharmaceutical Supply Chain Planning Software South America 52