Enterra Insights

JANUARY 14, 2022

Consumer packaged goods (CPG) manufacturers and their end-customers constantly engage in a complicated dance that has no choreographed steps. Sometimes CPG manufacturers take the lead and sometimes consumers take the lead. Most business consultants today urge CPG manufacturers and retailers to become consumer-centric and demand-driven.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

Unleashed

JULY 25, 2021

Over a third of the world’s food produce and products are wasted. Food waste accounts for eight percent of global greenhouse gases and has significant environmental and economic impacts. According to the UN’s Food and Agriculture Organization 1.3 billion tonnes of food – over $9 billion worth – goes to waste each year.

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Shaman

AUGUST 18, 2022

At the end of a long day of a strategy session on supply chain excellence with a client, I needed to fill up some time in an agenda. This large food manufacturer used a popular technology to forecast monthly using orders as an input. The large food company operated regionally. The result? Background. The takeaway?

Supply and Demand 256

Supply and Demand Demand Planning Software Optimal Sourcing Supply Chain Planning Software 256

Unleashed

NOVEMBER 16, 2022

New manufacturing data has revealed which industries and nations are leading the way in the post-pandemic economic recovery – and the tactics they’re using to beat supply chain disruption. The average price paid for goods purchased. In the same period GMROI dropped from 2 to 0.9 However GMROI fell from 1.5 days on average.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Price Reduction 52

Unleashed

OCTOBER 16, 2023

Every manufacturer knows the importance of raw materials – without them, there’s no final product. Raw material inventory management oversees the procurement, handling, and storage of raw materials. In this guide: What is raw material inventory management? Let’s dive in.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Unleashed

FEBRUARY 9, 2021

The way we eat, technology, people’s expectations — the knock-on effect of this is revolutionising much of the food industry, from the ingredients we buy to the food manufacturing software we use. So what are the food processing trends to watch out for in 2021? Changing habits: The rise of plant-based foods.

Food 94

Food Manufacturing Procurement Supply Chain Software Trends 94

Arena Solutions

MARCH 21, 2023

The plot revolves around an investigative murder against a backdrop of the devastation caused by the greenhouse effect—pollution, food shortages, depleted resources, poverty, and overpopulation—not much different from the issues we’re facing today. Using renewable energy sources that can create long-term sustainable energy consumption.

Manufacturing Procurement 79

Manufacturing Procurement Waste Reduction Resource Reduction Material Savings 79

Logility

AUGUST 23, 2021

Food and beverage (F&B) industry executives face mounting pressure to keep up with soaring demand. Success in this area requires the ability to fulfill market demand through dynamic sourcing, flexible production and manufacturing plans, low distribution costs, and short lead times.

Supply Chain Software 130

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 130

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Managing inventory costs is important because high inventory costs can erode the bottom line. On the other hand, optimized inventory levels can enhance it. On the other hand, optimized inventory levels can enhance it. Next is the cost of storing the inventory.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

Synovos

DECEMBER 4, 2023

Manufacturing plants are now competing for wages that were unheard of five or six years ago,” explains William Brummett, Vice President of New Business Development at RS Integrated Supply, a global Maintenance, Repair, and Operations (MRO) supply chain services company that provides outsourced procurement and storeroom solutions.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Inventory Reduction Cost Reduction Strategies 52

Unleashed

FEBRUARY 21, 2022

As 2022 kicks in, the manufacturing sector is being shaped by technological change and the Covid-19 pandemic. Digital, connected and smart systems are on the rise, while at the same time manufacturers face challenges such as the ‘Great Resignation’ and clogged-up supply chains – as well as increasing demand for sustainable products.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 98

Synovos

DECEMBER 4, 2023

Manufacturing plants are now competing for wages that were unheard of five or six years ago,” explains William Brummett, Vice President of New Business Development at RS Integrated Supply, a global Maintenance, Repair, and Operations (MRO) supply chain services company that provides outsourced procurement and storeroom solutions.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Cost Reduction Strategies Manufacturing 52

Precoro

NOVEMBER 7, 2022

In order to run a successful business, you need a dedicated procurement team to obtain these essential goods and services, ensure timely delivery, and nurture good relationships with your vendors. Paying for offices, utilities, technology subscriptions, and cleaning services is also part of the procurement team's responsibility.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

Logility

MARCH 11, 2024

They’ve spent the last year (and more) creating safer, more efficient supply chains,” says Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive. Supply & Demand Chain Executive and its sister publication, Food Logistics , also operate SCN Summit and the Women in Supply Chain Forum.

Logility 211

Logility Supply Chain Planning Software Demand Planning Software Supply Chain Design Software 211

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

Supply Chain Shaman

APRIL 16, 2024

Can we build collaborative platforms for role-based discussions across commercial (sales and marketing) and operations (manufacturing, logistics, and purchasing) teams? Through work with Georgia Tech, the supply chain team can affect 70% of market capitalization in the food, chemical, and pharmaceutical industries.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 219

Logility

DECEMBER 21, 2021

Logility recognized for moving the food and beverage supply chain forward efficiently. a leader in supply chain innovation powering the sustainable and resilient enterprise, today was announced a winner of Food Logistics’ 2021 Top Software & Technology Providers award. About Food Logistics. ATLANTA – Dec. About Logility.

Logistics Network Optimization Software 130

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

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

USC Consulting Group

JUNE 3, 2020

This includes food and beverage suppliers, packers, and manufacturers. Indeed, the pandemic and resulting economic downturn have impacted several major organizations, and as a result, led to a domino effect resulting in back orders and food shortages. But the meat industry may have gotten the worst of it.

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Material Savings Beverage 64

Herlitz Inventory Management

DECEMBER 1, 2022

Pet Food Experts has been a cornerstone of the pet industry for almost 30 years. PFX first partnered with Herlitz in 2020, when it implemented HIMPACT to manage daily forecasting and purchasing for its thousands of retail partners. ” Brian Wyrostek, VP of Strategy and Business Development, Pet Food Experts. .

Food 52

Food Vendor Strategies Inventory Management Software Procurement Solutions 52

USC Consulting Group

AUGUST 17, 2020

However, with manufacturers and supply chains across the world reeling with the ongoing problems the pandemic has presented, we are seeing a definite shift in the ways business is conducted. Overall, factory shutdown and manufacturing delays have shrunk foreign direct investment by 5-15% , as global trade and supply is interrupted.

Manufacturing Procurement 81

Manufacturing Procurement Demand Planning Software Supply and Demand Manufacturing 81

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

Unleashed

DECEMBER 14, 2021

Whether you’re planning on purchasing products from a food wholesaler, or thinking about moving into food wholesaling yourself, this overview of the industry – and what its future holds – is for you. Food wholesalers warehouse products in bulk, then provide usable amounts to businesses – from restaurants to hospitals.

Food 98

Food Purchasing Skills Distribution Price Reduction 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. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong.

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 239

QAD

JANUARY 19, 2023

Supply chain management (SCM) is essential to any business strategy. Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Let’s dive in.

Supply Chain Planning Software 93

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

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

Logility

MARCH 29, 2018

Last week we shared five capabilities to help take the Food & Beverage supply chain to the next level. Today, we continue this conversation and look at six must have capabilities that drive supply chain improvement for F&B manufacturers. Advanced Inventory Management. Consensus Demand Planning.

Beverage 100

Beverage Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 100

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

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

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

RFgen

MAY 26, 2023

In the world of inventory management, stockouts and overstocking can be detrimental to business success. To stay ahead in today’s highly competitive market, organizations must adopt smart strategies for avoiding inventory stockouts and overstocking. Overstocking occurs when a business has too much inventory on hand.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Material Savings Cost Reduction Strategies 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. The same concept works for business and manufacturing. Executives of CPG manufacturers need to take a new look at crisis management as a matter of social responsibility.

Manufacturing Procurement 63

Manufacturing Procurement Supply Chain Planning Software Manufacturing Supply Chain Network Software 63

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). 2) Multi-Echelon Inventory Optimization (MEIO). 1) Supply Planning and Optimization.

Optimal Sourcing 113

Optimal Sourcing Supply Chain Planning Software Beverage Prescriptive Analytics Software 113

Unleashed

APRIL 11, 2024

US manufacturing activity expands for first time since 2022. The latest ISM Manufacturing PMI report registered an unexpectedly high 50.3% When shoppers to spend more on each purchase it has a desirable effect on your profits. Get tactical with your sales strategy. Optimise your customer retention strategy.

Waste Reduction 52

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 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