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Ways Food and Beverage can Build Resilience with Supply Chain Optimization Software

Logility

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.

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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?

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MRO Strategy Saves UK Food Manufacturer Millions

Synovos

Overhauled MRO Strategy Propels UK Food Manufacturer to Save Millions, Boost Productivity For most companies, the COVID-19 pandemic presented a significant challenge in managing operations. One food manufacturer based in the UK was among those to successfully manoeuvre through the pandemic and beyond. No two sites operated the same.

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O-I Glass selects Ivalua to streamline its Global Direct and Indirect Source-to-Pay Processes

ivalua

Redwood City, 17 August, 2022 – Ivalua, a global leader in spend management , today announced that O-I Glass Inc, an American Fortune 500 company headquartered in Perrysburg, Ohio, has selected its solution to streamline its Global Direct and Indirect Source-to-Pay (S2P) Processes. in 2021 and 24,000 employees. About Ivalua.

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Editor’s Choice: What Supply Chains Must Overcome to Deliver on the Consumer Promise

Logistics Viewpoints

Nearly eight in 10 (78%) consumers consider food waste, likely out of a desire to minimize spending. Lower-income consumers and those using food assistance programs care the most about food waste as a purchase driver—again, suggesting it is a response to higher prices.”

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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.

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Sustainable procurement: Everything You Need to Know

Precoro

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.