Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. Kroger collaborates with thousands of food and beverage, health, beauty, and personal care companies to service roughly 2,800 stores.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting 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. Because of the food giant’s size, their sustainability strategy also is very broad.

Supply Chain Design Software 188

Supply Chain Design Software Purchasing Skills North America Resource Reduction 188

Unleashed

JANUARY 29, 2024

As a business strategy, SKU rationalisation helps you to reduce business costs, improve inventory management, increase operational efficiency, and enhance your brand image. A food and beverage company decides to streamline its product portfolio, based on the nutritional value and environmental impact of its products.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4 In other words, halal requires an organisation of the supply chain instead of just the factory: from source all the way up to point of consumer purchase. Developments. The halal industry is a fast-growing industry.

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

RFgen

APRIL 12, 2024

Therefore, the goal is to optimize cost to optimize profits and catalyze growth. To start with, inventory costs go beyond the initial purchase price of goods. Hidden costs may accumulate after purchase if not meticulously monitored and managed. Next is the cost of storing the inventory.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

Supply Chain Game Changer

SEPTEMBER 23, 2022

This article provides seven effective strategies to optimize your distribution center. As you optimize your distribution center, you must invest in analytics to get measurable insights and make data-driven decisions. Instead of missing out on sales opportunities, your customers will be able to purchase their desired goods.

Inventory Reduction 52

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 52

GlobalTranz

MAY 20, 2015

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. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Enterra Insights

JULY 9, 2021

For example, Michael Browne ( @mbtravel ), Executive Editor of Supermarket News , reports, “Panic-driven, stock-up shopping drove massive grocery store visit growth in the first few weeks of March 2020.”[1] notes, “It’s the most cost-effective to have the customer pick their own goods.”[7] percentage points).

Procurement Analytics 130

Procurement Analytics Purchasing Skills Price Reduction Food 130

Logistics Viewpoints

OCTOBER 26, 2022

ARC defines the warehouse automation market according to a number of qualifications and dimensions to deliver a well-defined measure, with numerous segmentations, allowing those that purchase the research to understand what is being measured, and to easily extrapolate the findings to support their strategic planning needs.

Supply Chain Software 270

Supply Chain Software Warehousing Supply Chain Design Software Supply Chain Planning Software 270

Supply Chain Shaman

SEPTEMBER 10, 2020

Food and beverage companies are experiencing double-digit demand. DDMRP is based on the use of math to determine material buffer strategies based on order patterns. Demand latency is the time from channel purchase to order receipt.) The rising cost of supply. Most are capacity constrained. Rising Complexity.

Supply Chain Planning Software 413

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 413

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Initiatives are being put in place to make these statements a reality, but are these organizations agile enough to shift strategies, process and operations — for real?

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

Unleashed

NOVEMBER 16, 2022

The Manufacturers Health Check report shows SMEs in the UK, New Zealand and Australia were forced to hold record levels of stock in Q3 2022 – a response to billowing international lead times. 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).

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Price Reduction 52

Enterra Insights

SEPTEMBER 2, 2021

In the first installment of this article, I discussed some of the considerations manufacturers and retailers should take into account as they develop their DTC strategies — not the least of which is the tension such strategies create between manufacturers and retailers. Suggestions for Strengthening DTC Strategies. ”[1].

Price Reduction 130

Price Reduction Manufacturing Procurement Supply Chain Planning Software Analytics Software 130

QAD

JANUARY 19, 2023

Supply chain management (SCM) is essential to any business strategy. Supply chain management is typically broken into three large buckets of intricate processes and roles: Concept: the full cycle, from sourcing and procurement to fulfillment. Create memorable moments, from purchase to delivery. Let’s dive in.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 93

Enterra Insights

APRIL 13, 2022

Brand loyalty was tossed out the window as desperate consumers made product availability and price their motivating purchase factors. John Williamson, an Account Leader at ddm marketing + communications, suggests consumer packaged goods manufacturers should start this effort by looking at their brand strategy.[1]

Price Reduction 130

Price Reduction Waste Reduction Cost Reduction Strategies Purchasing Skills 130

Logility

MARCH 30, 2020

For the first time in history, shelves of stores across the globe that sell food, beverage and other fast-moving consumer goods (including toilet paper, hand sanitizer and cleaning products) are nearly empty. Looking back a few months, no one could have predicted the current state of the global supply chain.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Disruption 130

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

ThroughPut

AUGUST 24, 2021

Food & Beverage giants like Kellog’s reported on the state of breakdown in supply chain management. However, these models have tremendously faltered, when they have not altogether failed because of superior intelligence. Strategies for a robust product mix planning.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

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. Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Efficiency and cost management.

Agile and Lean Supply Chain 230

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

Unleashed

MARCH 6, 2023

But they’re especially useful in fast-moving consumer goods (FMCG) categories such as food and beverages. These are industries in which customers can be fickle: ensuring there is a good marketing strategy and content plan ensures sales are kept on target. Here are four more major benefits of a food and beverage marketing plan.

Beverage 52

Beverage Food Resource Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

NOVEMBER 12, 2020

We all know and regularly purchase Fast-Moving Consumer Goods (FMCG, often also referred to as Consumer Packaged Goods, or CPG). But how has the pandemic accelerated changes in the way that consumers find and purchase these products? In some regions the lockdown period caused a boom in the purchase of FMCG products.

Consumer Goods 67

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

Resilinc

AUGUST 3, 2021

These concepts can be hard to define and measure, and even harder to integrate into procurement. A small food or beverage brand, for example, can rely on suppliers’ certifications that their ingredients are “organic” or “fair trade.”

Sustainability 69

Sustainability Price Reduction Supply Chain Strategy Manufacturing Procurement 69

Unleashed

MAY 28, 2023

But in some countries, only one inventory valuation strategy is permitted by law. 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. FIFO and LIFO are two common methods utilised for this task.

Purchasing Skills 52

Purchasing Skills Inventory Reduction Price Reduction Material Savings 52

Enterra Insights

FEBRUARY 9, 2021

Businesses must implement strategies to ensure sustainability ambitions are being supported throughout all tiers of the supply chain.” It also is increasing the number of ‘carbon neutral’ brands it offers as consumers increasingly value this attribute when they purchase a product.”[6]. Why sustainability is important.

Sourcing Strategies 113

Sourcing Strategies Supply Chain Planning Software Procurement Analytics Sustainability 113

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

BlueYonder

APRIL 21, 2020

Grocers, beverage retailers, convenience stores, and other essential needs operations, controlling entry to the store, one person per aisle, rationing of products available for purchase, double-digit increases to categories deemed essential. We have witnessed, in front of our eyes, the changing of the new shopping experience.

Beverage 55

Beverage Supply Chain Strategy Supply Chain Planning Procurement Analytics 55

o9 Solutions

MAY 26, 2021

Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions. There is a realization that to run an exceptional supply chain, it takes a commitment to leverage data and advanced analytics to make smart, fact-based decisions, while continuously evolving product offerings, supply chain strategies, and execution capabilities.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions. There is a realization that to run an exceptional supply chain, it takes a commitment to leverage data and advanced analytics to make smart, fact-based decisions, while continuously evolving product offerings, supply chain strategies, and execution capabilities.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Cognira

DECEMBER 20, 2022

Throughout this blog, discover what green retailing is, why retailers should adopt this strategy, and the positive impact advanced technology can have on sustainable strategies. 76% of customers will refuse to purchase a company’s products or services upon learning it supported an issue contrary to their beliefs.

Waste Reduction 52

Waste Reduction Inventory Reduction Expense Reduction Material Savings 52

ThroughPut

APRIL 13, 2021

Industries like food, beverage, and other related processing face some unique production issues. With these challenges limiting productivity, revenue becomes a challenge for Food & Beverage businesses. Let us understand capacity planning in the context of the Food & Beverage industry. Types of capacity planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Capacity Food 52

ThroughPut

APRIL 13, 2021

Industries like food, beverage, and other related processing face some unique production issues. With these challenges limiting productivity, revenue becomes a challenge for Food & Beverage businesses. Let us understand capacity planning in the context of the Food & Beverage industry. Types of capacity planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Capacity Food 52

Unleashed

JUNE 7, 2023

In this guide, we define inventory optimisation and offer a few actionable tips and strategies for getting it right every time. Inventory optimisation is the continuous process of ordering and managing inventory using the most cost-efficient best practices and systems. Without further ado, let’s dive right in.

Inventory Management Software 52

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

DynaSys

SEPTEMBER 8, 2020

Years ago, I saw a statistic that many people do not purchase a fire extinguisher for their residences until after they experience an actual incident. Crisis management plans will go from optional to mandatory for CPG companies, especially those in food and beverage and suppliers who want to compete in the post-pandemic market.

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Planning Software Manufacturing Supply Chain Network Software 62

EcoVadis

AUGUST 11, 2017

percent in the first quarter of 2017, and for the year ending in February 2017, sales of packaged foods and beverages fell 0.4 Kearney says the 25 largest food and beverage companies combine to own 63 percent of the nearly $500 billion in U.S. And the impact is going directly to the bottom line.

Manufacturing Procurement 56

Manufacturing Procurement Food Sustainability Supply Chain Planning Software 56

Enterra Insights

OCTOBER 22, 2019

consumerism, with millennials aged 25 to 34 dominating that trend, according to a report … from consumer intelligence platform Resonate. adult online population or 77 million people, according to the report. Men and parents with young kids are most likely to be boycotting a product or retailer, according to the report.”

Waste Reduction 100

Waste Reduction Vendor Strategies Price Reduction Material Savings 100

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

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. 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.

Supply Chain Planning Software 150

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