DELMIA Quintiq

DECEMBER 14, 2021

The holiday season has started and for most cultures, this means enjoying food with family and friends. Food traditions differ a lot across different holidays (e.g. but the meals have one thing in common—there is always excess food and leftovers. Food waste has become a major global problem with real consequences to the planet.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

Logility

AUGUST 11, 2020

The global food and beverage supply chain has been stressed to the breaking point by the COVID-19 Pandemic. Shelter-at-home and the mandatory closing of non-essential businesses has led to restaurant bankruptcies in record numbers, pouring milk down the drain and fields of rotting produce that were destined for food service businesses.

Beverage 224

Beverage Supply Chain Planning Software Supply and Demand Supply Chain Software 224

Supply Chain Shaman

NOVEMBER 15, 2023

Today’s headline news includes AllBirds, Boeing, Canada Goose, Chemours, EMC, Hanes Brands, Fisker, Ford, Krispy Kreme, LKQ, Ryder, Tesla, Timken, Tyson Foods, Weight Watchers International, and WestRock. The essence of the question is resilience and the ability to forecast in a variable market reliably.

Supply Chain Planning Software 419

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 419

Supply Chain Shaman

DECEMBER 28, 2020

The first story is about a large regional food manufacturer. The SAS forecasting system implemented in 2019 was not tested for model accuracy. An example for this client would be to use 2017 and 2018 history to forecast 2019. So, I asked the questions, “Is your data forecastable? Let’s Be Customer Centric.

Supply Chain Planning Software 420

Supply Chain Planning Software Forecasting Forecasting Software Modeling 420

AIMMS

SEPTEMBER 9, 2019

Part II in our series on assessing your Demand Forecasting process . In Part I of this series , we looked at supply chain professionals’ perception of forecast accuracy and how they see their forecast evolving in the future. The use of technology for demand forecasting is widespread . – Tweet this. Only 25.7%

Forecasting 156

Forecasting Forecasting Software Demand Planning Software Modeling 156

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

SSI SCHAEFER On Track to Open Singapore’s Largest Fully Automated Cold Storage at Tee Yih Jia Food Hub in Q1 2022. Spanning more than 100,000 pallet positions of frozen storage racks, TYJ’s food factory and warehouse storage facility sits on a land area of 40,000 m². COP26: 5Zs that changed the world part 2.

Supply Chain Software 245

Supply Chain Software Food Optimal Sourcing Optimization Software 245

Supply Chain Shaman

DECEMBER 7, 2023

Expand the “FLOW” program for logistics information sharing to forecast transportation flow. If businesses cannot accurately forecast revenue, the organization is not resilient. My answer is why are we spending so much money in technology and human capital to degrade the forecast with an exponential impact on inventory. (A

Supply Chain Design Software 397

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 397

Logistics Viewpoints

OCTOBER 4, 2021

A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. Benchmarking the forecasting process is difficult. They provide these solutions to some of the largest consumer goods and food & beverage companies in the world.

Supply Chain Performance 290

Supply Chain Performance Inventory Reduction Cost Reduction Strategies Supply and Demand 290

Logistics Viewpoints

FEBRUARY 7, 2025

Predictive analytics tools enabled by AI are helping organizations optimize inventory management, reduce downtime, and improve demand forecasting. Walmart has partnered with IBMs Food Trust blockchain network to improve supply chain transparency, reducing food recall times from days to seconds.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Cost Reduction Strategies Price Reduction Inventory Reduction 216

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. The key to creating an effective market-driven demand plan is access to rich forecasts based on inputs from multiple sources.

Optimal Sourcing 176

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 176

QAD

MARCH 26, 2020

How Do Beet Sugar Shortages Affect Food and Beverage Manufacturers? A great deal of beet sugar is used in food and beverage manufacturing. And this decline is impacting food and beverage manufacturing. What Can Food Manufacturers Do During an Ingredient Shortage? Improve Finished Product Forecasting.

Manufacturing Procurement 145

Manufacturing Procurement Beverage Food Supply Chain Planning Software 145

Elementum

AUGUST 29, 2022

The global food supply chain has grown exponentially over the last few decades, creating complexity and challenges that translate into empty store shelves and a lack of basic provisions. Today, we will look at the importance of supply chain management in food production and some solutions to prevent further crises.

Supply Chain Planning Software 146

Supply Chain Planning Software Food Supply Chain Software Waste Reduction 146

Enterra Insights

MARCH 1, 2022

The International Food Information Council (IFIC) staff writes, “As the world begins year three of the COVID-19 pandemic, we find ourselves in a decade that proves the adage, ‘The only constant is change.’ ’ The food system is hardly immune to turmoil.”[2] Food and Beverage Trends. ”[7].

Beverage 173

Beverage Food Trends Manufacturing Procurement 173

Supply Chain Shaman

OCTOBER 12, 2017

I get the fact that today’s forecasts are not good enough to drive replenishment, and that rules-based consumption to translate monthly demand to daily demand was a mistake. They calculate the buffer based on what is close to a naive forecast based on incoming orders. (In In my simple mind, I think of this as a forecast… ).

Supply Chain Planning Software 379

Supply Chain Planning Software Forecasting Software Demand Planning Software Modeling Software 379

crisp

MARCH 27, 2025

The acquisition enhances Crisps analytics and food waste reduction capabilities and fuels expansion into fresh supply chains. Crisp is proud to announce the acquisition of Shelf Engine , a Seattle-based AI technology pioneer with specialized expertise in demand forecasting and automated ordering for retailers.

Forecasting 52

Forecasting Modeling Supply and Demand Inventory Management Software 52

ToolsGroup

JULY 6, 2023

With v8.61, SO99+ will be delivering enhanced transparency and accuracy across the entire solution while increasing the overall strength of the solution’s forecasting engine. Seasonality at Item/Area Level Clustering is at the core of how users plan out their forecasts. Missed our first quarterly updates?

ToolsGroup 276

ToolsGroup Modeling Forecasting Supply Chain Planning Software 276

Logility

JUNE 15, 2021

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. How companies in this industry approach demand forecasting can have far-reaching effects on their short-, mid- and long-term success.

Supply and Demand 147

Supply and Demand Beverage Supply Chain Planning Software Demand Planning Software 147

Logistics Viewpoints

JANUARY 11, 2023

billion globally, and I forecast it to grow to $9.9 Can Improving Forecast Accuracy Address Our Demand Planning Woes? If “the forecast is always wrong,” is improving forecast accuracy even the solution to our demand planning woes? Gordon Food Services Conquers the Last Mile ; Chris Cunnane. billion in 2019.

Logistics Network Optimization Software 310

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 310

Bristlecone

JANUARY 8, 2025

They democratize data, empowering supply chain managers to run more simulations and scenarios for improved demand forecasting. Global Beverage manufacturer reduced forecast error by 40%45%, reduced inventory level by 20%25%, and planners time release by 30% from demand sensing.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 98

Supply Chain Shaman

AUGUST 18, 2022

This large food manufacturer used a popular technology to forecast monthly using orders as an input. The bad news is that no team member wanted to accept that their planning implementation was making the forecast 27% worse. The large food company operated regionally. Some streams are forecastable, and some are not.

Supply and Demand 261

Supply and Demand Demand Planning Software Supply Chain Planning Software Optimal Sourcing 261

Logistics Viewpoints

DECEMBER 14, 2021

Along with E-commerce, another rising star of this pandemic-struck world has been quick commerce (Q-Commerce, or Rapid Food Delivery). According to OECD, during the pandemic, brick-and-mortar retail services such as food services saw 7.7% I have to forecast my avocado sales, including seasonal patterns and promotional effects.

Supply Chain Planning Software 300

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 300

QAD

FEBRUARY 4, 2025

For 58 years, food and beverage and consumer goods manufacturers have battled for dominance, from chips and wings to soda, beer, party supplies, and even aluminum foil for food storage and DIY trophies. That takes a data-driven approach to forecasting, procurement and distribution.

Manufacturing Procurement 52

Manufacturing Procurement Beverage Inventory Reduction Optimal Sourcing 52

The Logistics of Logistics

MARCH 18, 2025

SONARs price, demand and capacity data spans across all modes to allow logistics leaders to benchmark, analyze, monitor and forecast the global physical economy. Some of the larger CPG companies are: Nestl: A global leader in food and beverage products. PepsiCo: A major player in both beverages and snack foods.

Supply Chain Design Software 146

Supply Chain Design Software Analytics Software Logistics Network Optimization Software Forecasting Software 146

ToolsGroup

FEBRUARY 7, 2021

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. Check out the video below. Or listen and follow on Spotify. Transcript.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

DELMIA Quintiq

JANUARY 27, 2021

Food has become more than just a necessity; it is intrinsic to our society and culture, and has a big influence on the way we live our lives. The food and beverage industry has long been highly competitive, and in order to stay ahead in the market, key industry players are always trying to figure out what consumers will want next.

Food 177

Food Optimal Sourcing Manufacturing Procurement Trends 177

Supply Chain Shaman

SEPTEMBER 30, 2014

This trend spawned chains like Trader Joes, Walmart, Whole Foods, etc. Additionally, get good at forecasting. Measure your own Mean Absolute Error (MAPE) of your forecast and focus on driving improvement. Today, with the acceptance of the mobile phone and digital media, the power has shifted to the shopper.

Forecasting 354

Forecasting Optimal Sourcing Forecasting Software Supply Chain Network Software 354

Procurement Academy

JULY 17, 2024

However, demand forecasting is key to gaining some sense of control over your business during this turmoil. Let’s examine exactly what demand forecasting is, why it’s important to your business, and look at how it’s already been applied in the real world to guide a major global business through a tough economic period.

Forecasting 96

Forecasting Supply Chain Planning Software Modeling Forecasting Software 96

Logistics Viewpoints

FEBRUARY 22, 2021

KeHE is a national wholesale food distributor that has been in business for 70 years. Govindarajan : Our previous Supply Chain Purchasing and Inventory Management tools were not enabling us to solve business challenges, we pivoted to Manhattan’s Demand Forecasting and Inventory Optimization software.

Forecasting Software 53

Forecasting Software Supply Chain Planning Software Optimization Software Supply Chain Design Software 53

Unleashed

MAY 1, 2023

Demand forecasting has gained increasing importance over the last few years. We met with five supply chain experts to discuss how crucial demand forecasting is for mitigating risk, and what businesses can do to improve forecast accuracy. Our experts explain that best-practice demand planning begins with a top-down forecast.

Forecasting 96

Forecasting Supply and Demand Modeling Forecasting Software 96

The Logistics of Logistics

MAY 6, 2024

Raftery shares his journey and insights on how companies can achieve a triple bottom line by utilizing forecasting, technology, and optimizing routes and loads. He explains how reducing emissions and making operations more sustainable can lead to cost savings and improved profitability.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Waste Reduction Resource Reduction Cost Reduction Strategies 246

The Logistics of Logistics

FEBRUARY 22, 2023

Obsessed with efficiency and delivering on promises, LTI Trucking’s niche strengths are leveraged by many Fortune 500 food manufacturers and retail corporations. Carriers want shippers who forecast their shipments and then meet those forecasted volumes – within reason because no forecast is perfect.

St. Louis 246

St. Louis Forecasting Logistics Network Optimization Software Missouri 246

SYSPRO Smarter ERP

JANUARY 13, 2025

The food and beverage industry is a dynamic, ever-evolving sector in which manufacturers are continuously seeking ways to optimize production and reduce costs in the face of shifting consumer demand and preferences. Thats a tall order for food and beverage manufacturers.

Optimization Software 52

Optimization Software Supply Chain Planning Software Manufacturing Procurement Beverage 52

ThroughPut

MAY 9, 2025

Summary of the Impact: A global, 130-year-old food and beverage manufacturer deployed ThroughPuts AI in food manufacturing platform – a powerful Supply Chain Decision Intelligence solution – to eliminate unplanned machine outages and unlock major operational gains. Why AI in Food Manufacturing Was the Right Solution?

Waste Reduction 52

Waste Reduction Expense Reduction Cost Reduction Strategies Case Study 52

Logistics Viewpoints

JULY 6, 2021

Reports of demand spikes and shortages followed each of these instances, and it’s not just affecting food and beverage supply chains. These guides have what-if scenarios and forecasting models for potential disruptions, so your planners won’t waste time making decisions when every second counts.

Supply and Demand 260

Supply and Demand Modeling Demand Planning Scenario Planning 260

Supply Chain Shaman

AUGUST 7, 2019

The company is a food and beverage company. Determine Forecastability and Forecast Value Added (FVA). Executives will ask, “What is a good target for forecast error?” To understand what is possible in forecasting start by determining forecastability. Then analyze Forecast Value Added (FVA).

Supply Chain Design Software 272

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 272

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

IDC’s Predictions for 2022 and Beyond webinar threw a lens on the four key overarching themes that address critical hotspots for today’s supply chains: resiliency, worker productivity, forecasting, and last mile. Singapore’s largest fully automated cold storage at Tee Jia Food Hub. COP26: 5Zs that changed the world part 2.

Predictive Analytics Software 245

Predictive Analytics Software Supply Chain Software Agile and Lean Supply Chain Modeling 245

Logistics Viewpoints

MARCH 13, 2023

Food and Drug Administration. This makes demand forecasting viable. On the clinical trial side of the business, there is no historical data and if clinical was to try to forecast, they would be forecasting at the individual patient level; this is much more difficult than forecasting at a higher level of demand aggregation.

Pharmaceutical 287

Pharmaceutical Modeling Supply Chain Planning Software Agile and Lean Supply Chain 287