article thumbnail

The Food & Beverage Supply Chain is Ripe for a Digital Transformation

Logility

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 223
article thumbnail

Sustainable Food Waste Management for Food Industry SMEs

Unleashed

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Sourcing and Procurement: One but Not the Same

Precoro

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

article thumbnail

US Food Manufacturing Success: Outsourcing MRO Supply Chain

Synovos

US Food Mfg. They were a new company that had taken over an existing manufacturing plant and lacked the infrastructure needed to keep the facilities in good working order, whether that was buyers to order parts or an accounts team to manage the purchasing process. By running two distinct replenishment processes.

article thumbnail

Inventory Optimisation: Tools & Techniques You Should Know

Unleashed

Manual inventory control tasks are automated with the help of software tools and warehousing equipment. Inventory optimisation tools Inventory optimisation tools are essential for improving the efficiency with which your business operates. Inventory optimisation software Software is at the heart of inventory optimisation.

article thumbnail

Direct vs. Indirect Procurement: Key Differences Explained

Precoro

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.

article thumbnail

US Food Mfg. Thrives After Outsourcing MRO Supply Chain:13-year Partnership Generates Millions in Savings

Synovos

US Food Mfg. They were a new company that had taken over an existing manufacturing plant and lacked the infrastructure needed to keep the facilities in good working order, whether that was buyers to order parts or an accounts team to manage the purchasing process. By running two distinct replenishment processes.