Enterra Insights

AUGUST 8, 2023

The focus of these shows is watching contestants’ search for food and seeing how they deal with the hunger that ultimately results when such efforts prove fruitless. Savage notes that 2022 “was the fourth year in a row that the number in urgent need of food aid has risen.” ”[4] University academics, Thomas S.

Security 130

Security Food Argentina United States 130

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 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

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

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. The goods are also tagged for easy item tracking and tracing.

Supply Chain Software 245

Supply Chain Software Food Optimal Sourcing Optimization Software 245

Kinaxis

NOVEMBER 28, 2017

When it comes to forecasting and demand management , a lot. on electronics, apparel and food specifically for the game, up from $77.88 on electronics, apparel and food specifically for the game, up from $77.88 by Iman Niroomand What does a machine-learning (ML) algorithm have to do with the Super Bowl?

Forecasting 156

Forecasting Forecasting Software Supply and Demand Demand Management 156

Vanguard Software

JUNE 1, 2021

These companies struggle to stay afloat in their respective industries as competitors utilize modern solutions that leverage AI for demand forecasting and supply chain management. How do organizations harness the power of data and algorithms for better demand forecasting? and prescribe the appropriate forecasting model.

Forecasting 52

Forecasting Modeling Forecasting Software Demand Planning Software 52

ToolsGroup

NOVEMBER 9, 2023

With ToolsGroup’s AI-powered demand forecasting, the plant-based food innovator revolutionizes its supply chain, maximizing accuracy, speed, and business performance. We started Heura in 2017 to empower people to participate in a more nutritious and sustainable food system.

ToolsGroup 156

ToolsGroup Supply Chain Transformation Supply Chain Planning Software Optimal Sourcing 156

ThroughPut

MARCH 28, 2024

Integrating Artificial Intelligence (AI) within different segments of the Food Industry, including transportation and logistics, production planning, quality control, and others has kicked off revolutionary transformations. The market size of AI in the food industry , including the beverages sector is set to cross USD 9.68

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

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

ToolsGroup

JULY 26, 2016

Most CPG companies have hit a demand forecasting ceiling. And complexity creates a challenge of how to forecast accurately when faced with new items, new channels and demand shaping. Recent evidence strongly suggests that traditional forecasting techniques in this environment have reached their limits and hit a ceiling.

Forecasting 120

Forecasting Supply and Demand Optimal Sourcing Inventory Reduction 120

Supply Chain Shaman

DECEMBER 7, 2023

Expand the “FLOW” program for logistics information sharing to forecast transportation flow. Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

Supply Chain Matters

MARCH 22, 2022

In this Supply Chain Matters commentary, we highlight the latest OECD global economic forecast in the ongoing light of the Ukraine conflict and provide some additional industry supply chain implications. . It this agency’s prior December 2021 forecast, OECD had forecasted that global GDP growth would moderate to 4.5

Forecasting 52

Forecasting Ukraine Price Reduction Inventory Reduction 52

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

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

ToolsGroup

JULY 5, 2023

With the release of v8.61, ToolsGroup enhances transparency and accuracy while increasing the power of SO99’s forecasting engine with expanded capabilities that now deliver: Automated New Product Introduction (NPI) Suggestions which automatically identify anomalies within NPI forecasts and recommend scenarios to most effectively address them.

ToolsGroup 156

ToolsGroup Optimal Sourcing Waste Reduction Inventory Reduction 156

Logility

AUGUST 5, 2021

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.

S&OP 130

S&OP Supply and Demand Beverage Optimal Sourcing 130

Vanguard Software

MAY 4, 2021

However, there are quite a few ways to improve demand forecast accuracy. Here are seven ways to improve demand forecast accuracy for increased operational efficiency and profit. Breaking up with Excel: Digital Sales Planning Success with Concord Foods. Produce a range of forecasts. Webinar: Register Now.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

ThroughPut

AUGUST 24, 2021

Food & Beverage giants like Kellog’s reported on the state of breakdown in supply chain management. Not limiting this ability to just rectifying errors, analytics can also be leveraged into demand forecasting and profit generation. Execute high-performing product mix & sales forecasts with AI.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

QAD

JULY 13, 2023

If food manufacturers want to stay ahead of the competition today and into the future, they have to leverage advanced tools and systems that can optimize processes and deliver real-time insights. By migrating to a cloud-based ERP system, food manufacturers can streamline and automate various processes, leading to increased efficiency.

Manufacturing Procurement 88

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 88

QAD

APRIL 11, 2024

As I discussed in a recent article in Food Logistics, it’s a powerful tool for predictive analytics, demand planning and business forecasting that shouldn’t be overlooked. Predictive analytics, demand planning and business forecasting have always been core functions for supply chain planners. The future, however, isn’t static.

Predictive Analytics 72

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 72

Vecco International

FEBRUARY 4, 2024

This demands strong forecasting capabilities, and a very tightly controlled end-to-end supply chain. Crucially, Vecco innately supports batch and process manufacturing – key to the food industry. We provide available to promise and capable to promise functionality for a customer order based on approved sourcing for a sales area.

Beverage 40

Beverage Food Supply Chain Planning Software Manufacturing Procurement 40

Supply Chain Brain

AUGUST 21, 2020

What does best-in-class forecasting and inventory management look like? Now in its ninth year, E2open’s 2019 Forecasting and Inventory Benchmark Study is the most consistent, comprehensive and useful study of its kind.

Forecasting 40

Forecasting Benchmarking Study Inventory Reduction 40

Logility

FEBRUARY 13, 2020

The accuracy of conventional time-series forecasts eventually hits a ceiling. Even high-volume consumer packaged products with well-understood seasonality established over decades continue to experience high near-term forecast error rates. Final forecast together with forecast accuracy and forecast bias.

Supply and Demand 175

Supply and Demand Optimal Sourcing Forecasting Inventory Reduction 175

Resilinc

MARCH 26, 2024

While these solutions all utilize predictive AI, they rely on different models, including regression models, time series forecasting, classification models, clustering models, recommendation models, and simulation models. Time Series Forecasting: Commodity Tracking and Predictions What is time series forecasting?

Modeling 114

Modeling Supply Chain Risk Management Modeling Software Risk Management 114

ThroughPut

MARCH 30, 2021

Making Zero Waste Supply Chain A Possibility in the Food Industry with AI. Let us begin with a hard look at some numbers related to food wastage. Between 33-50% of food produced globally is never eaten, and this wasted food is worth over $1 trillion. According to BCG , by 2030 annual food loss and waste will hit 2.1

Waste Reduction 126

Waste Reduction Supply Chain Planning Software Resource Reduction Supply Chain Software 126

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 286

Supply Chain Planning Software Forecasting Software Demand Planning Software Supply Chain Software 286

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

Unleashed

FEBRUARY 15, 2021

From the continuing impact of the global pandemic to the ever-increasing importance of ‘transparency technology’ and sustainable practices, the food industry has its work cut out for it in 2021. It’s become even more important that businesses navigate multiple supply chains with food manufacturing software.

Food 93

Food Trends Industrial Industry 93

Unleashed

AUGUST 3, 2021

The growth in pet ownership in 2020-2021 has seen unprecedented demand in the pet food sector – a true industry boom. Here we provide an overview of the latest pet food industry trends, and answer the question: how can pet food manufacturers respond to changes in consumer demands to take advantage of these new trends?

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Supply Chain Shaman

SEPTEMBER 5, 2022

COVID is far from over and food instability, coupled with drought, is driving migration from Sudan to Europe. The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. Water levels falling in the Rhine, the Loire, and the Colorado River.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

Unleashed

AUGUST 12, 2021

Food manufacturers will find new opportunities in the alternative protein market as consumer demand surges for non-meat proteins: insect, plant and algae-based products, and ‘lab meat’ cultivated from animal cells. The demand for alternative proteins has surged in recent years, creating an opportunity for food manufacturers.

Manufacturing Procurement 98

Manufacturing Procurement Case Study Food Study 98

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. You have a superior line of products but so do your competitors.

Supply Chain Planning Software 52

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

Enterra Insights

APRIL 9, 2020

”[1] This three-part article examines just how differently consumer behavior is changing the food sector. In part one , I examined five of fourteen food sector areas being affected by the Covid-19 pandemic as identified from numerous sources by Jim Dippold, Senior Vice President for Category Management Strategy at Enterra Solutions ®.

Food 100

Food Resource Reduction Cost Reduction Strategies Price Reduction 100

Logistics Viewpoints

SEPTEMBER 19, 2022

Forecast collaboration and visibility to potential exceptions, for example, allows copackers/comanufacturers to run their operations more efficiently. TraceGains’ solution digitizes the food ingredient supply chain. The solution is used to help digitize research & development, sourcing, regulatory compliance, and product quality.

Supply Chain Design Software 157

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Network Software 157

Precoro

SEPTEMBER 6, 2021

As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Understanding their distinction can help you ensure the coordination between the responsible teams and adopt the right strategies for improving both sourcing and procurement. Procurement. Contains fewer steps.

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Supply Chain Shaman

FEBRUARY 2, 2024

In contrast, if the groundhog does not see his shadow, the forecasts is for an early spring. As shown in Figure 1, there are many types of networks: industry-focused networks, functionally focused networks (like sourcing and logistics) and specialized networks for discovery (marketplaces), product serialization, open innovation.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Network Software Supply Chain Planning Software Third Party Logistics 195

Unleashed

AUGUST 11, 2020

This is particularly true in the food manufacturing industry, which characteristically has a high volume of products stored, and an urgent need to fill existing client orders to match ongoing consumer demand. Good food manufacturing software provides a means to track inventory in real-time, through every step of the supply chain.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89