How To Leverage The Benefits Of S&OP For The Food And Beverage Industry?

ThroughPut

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?

Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

GlobalTranz

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 ). The definition of this metric is similar to the way it sounds. Quality affects many different parts of the business, so it is critical to establish a comprehensive metric that provides visibility into the most important areas of operations.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Challenges and trends in the food supply chain

Unleashed

What is the food supply chain? Knowing your food supply chain from start to end allows you to address challenges and ensure the supply chain functions effectively and maintain customer satisfaction. How does the food supply chain work? Food supply chain challenges and issues.

Report from Food Marketing Institute Highlights CPG Logistics Challenges

Zipline Logistics

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. Retail sales, including food services, increased 9.8%

Food Trends That Could Have an Impact in 2021

Zipline Logistics

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. Food trends had an interesting 12 months as things changed quite a bit throughout the course of COVID-19.

One Man’s Trash: How Blockchain Can Target Food Waste to Help End World Hunger

Material Handling and Logistics

For organizations that source products from suppliers in remote regions, blockchain can provide clarity in an otherwise murky journey from harvest to retail. According to the United Nations, one in nine people today—or 815 million globally—lack access to the food necessary to lead a healthy lifestyle. Every year, one third of the food produced in the world for human consumption—or 1.3 billion metric tons—gets lost or wasted.

Food 111

Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

Smaller, more agile companies outperform the larger and well-known brands in the retail, beverages, food, and pharmaceutical industry sectors. The source data for the analysis comes from Ycharts.). We selected these metrics based on correlation work with Arizona State University in 2012. The winners drove long-term value (measured by market capitalization) while outperforming on the portfolio of metrics shown in Figure 1 and driving improvement faster than their peer groups.

Measuring Up?

Supply Chain Shaman

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time. In our recent analysis of supply chains that are “working well” , we find higher performance when companies have source, make and deliver reporting to the supply chain organization.

42 Food Brands Recalled: How Businesses Prevent Product Problems

RFgen

Food manufacturers have to be constantly vigilant to ensure the safety of their consumers. CNN reported that CRF Frozen Foods expanded their voluntary recall of products in May 2016. Food and Drug Administration and Centers for Disease Control and Prevention.

Food 52

Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand.

Food Waste and World Hunger – The Food Supply Chain is Broken! (Videos)

Supply Chain Game Changer

But the single most important Supply Chain is the Food Supply Chain! Our very survival depends on there even being a Food Supply Chain. On one hand there is a horrendously large amount of Food Waste. The Food Supply Chain, the most important Supply Chain in the World, is BROKEN! Food Waste. Over 1/3 of all the food that is produced in the world is wasted! Billion tonnes of food every year. Video Source: [link]. Table Source: [link].

Food 63

Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

Financial reengineering focuses on the optimization of short-term results that are usually based on a functional analysis of source, make, or deliver. Few consultants understand the interrelationships between source, make and deliver. Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. Ironically, most companies are very entrapped in measuring and rewarding functional metrics which degrades overall improvement.

Offering Prayers While Looking Down the Barrel of a Gun

Supply Chain Shaman

This confession comes seven years after selling of contaminated food. The food recall is the largest in US history. …never before has a corporate executive been convicted of federal felony charges in a food safety violation. Parnell, is now charged and convicted for selling adulterated and mis-branded food into interstate commerce with the intent to defraud or mislead. Food and Drug Administration and the U.S.

What Is the True Cost of Eating Meat?

Supply Chain Brain

Food and farming is one of the biggest economic sectors in the world. In 2016, the world’s meat production was estimated at 317m metric tons, and that is expected to continue to grow. the food chain now includes the agribusiness companies, the retailers, and the entertainment sector. Department for Environment, Food and Rural Affairs, in 2014 the food and drink manufacturing sector contributed £27bn to the economy, and employed 3.8

Ensuring Workers’ Rights in Global Supply Chains

Supply Chain Brain

Often it’s those deeper levels that are the source of violations or inadequate working conditions. At the moment, most factories using the training tool are in China and Bangladesh, although QuizRR is also pursuing contracts in Mauritius and Thailand, the latter in collaboration with 10 Nordic food brands. Regulation and Compliance Quality & Metrics All Technology Supply Chain Visibility Sourcing/Procurement/SRM

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

The market is also growing across a wide range of commercial sectors, including the following: 1) Food and Perishables. Transporting and storing perishable food requires advanced logistics that is beyond the reach of many companies.

The Pumpkin Season: Tracking Products with Limited Demand Periods

RFgen

For example, fall is pumpkin spice season in many retail food stores. A manufacturer may use outside data to determine what products it should offer and when; food companies tracked the success of pumpkin lattes at coffee shops and followed suit.

Civil Strife in the Congo Brews Problems in the Coffee Supply Chain

RFgen

According to Sprudge.com, violence has driven down coffee production in the past, dropping from 130,000 to 8,000 metric tons in between the 1980s and 2013, when civil conflict was at its peak. There are both advantages and consequences related to sourcing coffee from these nations.

Congo 52

History Repeats Itself Without Supply Chain Leadership

Supply Chain Shaman

I started to work at General Foods’ largest plant in Dover, DE, in the summer of 1982 at the age of 24. Despite goals to improve agility and resiliency, functional metrics for manufacturing efficiency continually throw the supply chain out of balance.

[PODCAST] Why Shippers Looking for Capacity & High Service Levels Need the Right Carrier Mix & Logistics Fundamentals Focus

GlobalTranz

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. Transportation Metrics that Matter the Most for Shippers to Track to Improve Performance. Hello and welcome back to another episode of “The Freight Project Podcast!”

Supply Chains to Admire: 2016 Results

Supply Chain Shaman

The source data for the analysis is public reporting of balance sheets and income statements. Unfortunately, we find most companies are moving backwards on the Supply Chain Metrics That Matter™ or making progress on singular metrics versus driving performance improvement on a balanced portfolio of supply chain metrics that correlate to market capitalization. (If In the analysis of the Supply Chains to Admire, we use PTBV as a proxy metric of value.

A Great Wall and China – Trump Trade Plans Impact Food, Retail Shippers

Supply Chain Collaborator

These changes will impact calculations of such critical transportation and logistics metrics as lead times, delivery schedules, routes, mileage and a host of others. For food shippers, the calculus is equally daunting as an exit from NAFTA is likely to spur increases in the prices of certain produce and other agricultural products currently imported from Mexico into the US. The sourcing of goods may shift quickly away from Pacific Rim manufacturers.

Supply Chains to Admire – 2016 Results

Supply Chain Insights

The source data for the analysis is public reporting of balance sheets and income statements. Unfortunately, we find most companies are moving backwards on the Supply Chain Metrics That Matter™ or making progress on singular metrics versus driving performance improvement on a balanced portfolio of supply chain metrics that correlate to market capitalization. (If In the analysis of the Supply Chains to Admire, we use PTBV as a proxy metric of value.

Is Your Supply Chain Ready for Social Media-Fueled Demand Volatility?

ToolsGroup

Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence. Other sources: 1 [link]. Have you noticed how the clock speed of just about everything has sped up considerably in just a few years?

Help Supply Chain Planners Be More Successful In These Uncertain Times

Supply Chain Shaman

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. The answer is to increase modeling, evaluate sourcing strategies, and build the right push/pull decoupling points.

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Supply Chain Innovators of 2013 : paperless food chain, VLMs, cold chain fleet management, and more. Source ID. Source ID. Source ID. The retail giant plans to take out 50 million metric tons (MMT) by 2030, which is equivalent to the emissions associated with the average annual electricity consumption of 40 million Chinese households. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID.

Partnering with Farm-Trace to monitor sustainability and impact

Provenance

“66% of consumers are willing to pay more for sustainable products but most organizations don’t know the farmers they source from, let alone their impact.” – Kahlil Baker, CEO and Founder, Farm-Trace. This platform is now helping food organisations shine a light on their sustainability initiatives, from no deforestation and even fair farmer payments, by revealing the origin of the commodities they purchase and their impacts.

Value-Added Logistics Partnerships Bring Benefits to Sporting Goods Shippers

Zipline Logistics

As industries evolved to meet the needs of modern consumers, the supply chain has become a reliable source of competitive advantage. However, these diminishing on-time metrics did not plague shippers that worked with logistics partners on a strategic level.

Renegade Riposte

Supply Chain Shaman

After, I explained this, I granted Peter permission for the council to use the Index (the use of the Supply Chain Insights content follows the principles of open source), I then said to Peter, “I am glad that you called. The more that I work on supply chain metrics, the more that I believe that both the SCOR model and the Gartner Hierarchy of Supply Chain Metrics (which I worked on for the period of 2006-2010) reward functional, not end-to-end supply chain behavior.

The Nature Positive Supply Chain!

Supply Chain Game Changer

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. Subscribe Here! Email Address.

Defining Your Own Logistics Competitive Weapon

Talking Logistics

Source: “Tech in Asia” – https://www.techinasia.com. Another example: A few years ago I met with a supply chain executive at a leading food manufacturer who was working closely with the sales team to educate them on how to position the company’s supply chain and logistics capabilities as a competitive differentiator with their clients. For a long time, C-level executives viewed supply chain management, especially the logistics function, as a cost center.

Supply Chain Talent: Our Take on Deloitte’s Survey Report (part 1)

Demand Solutions

“In times of change, when experimentation tends to be rampant and results are still far from conclusive, one source of guidance can be to look at the companies who are succeeding, and discover what they are doing differently.”. The report is packed with good food for thought. Their approach was quite simple: ask executives to share their companies’ metrics in inventory turnover and percentage of deliveries that are on-time and in-full. Two metrics.

Survey 141

Welcome Puff, The Magic Dragon, to Your Team

Supply Chain Shaman

I think one of the huge problems is that US-centric food companies (Kellogg, General Mills, Smucker’s, Conagra etc.) These included cloud-based computing, in-memory processing, parallel computation, and open-source analytics. Open Source analytics. open-source analytics.

Data 245

A Better Approach to Supply Chain Segmentation?

ToolsGroup

Most companies segment their supply chain by breaking it down according to operational and logistical metrics. Gartner research director Jennifer Loveland calls it end-to-end segmentation, where you determine first what your customers want, then create end-to-end models—from sales through sourcing, delivery, and customer service—to serve them. Editor's Note: There will be no blog post next week.

Transportation Network Modeling: A Powerful Tool in Greenhouse Gas Emissions Reduction Strategy

Talking Logistics

Supply chain network and transportation optimization can help make better sourcing and multi-stop route decisions that ultimately result in route design that balances low costs with higher service. In 2010, Walmart announced its goal to eliminate 20 million metric tons of GHG emissions from its global supply chain by the end of 2015. million metric tons to date, saying that some measures had led to a doubling of fleet efficiency.

Tools 152