Confronted with fluctuating prices of raw materials and stringent food safety rules on the one hand, and more demanding retailers on the other, many food & beverage companies find themselves squeezed into an unenviable market position. By becoming an agile partner, they can continue to satisfy the world’s primary needs.
Food consumption habits shift fast, which shortens the life cycle of products. How do you, as champions of innovation, keep up with fickle and impatient consumers?
Retailers impose specific product requirements, tight delivery schedules and high standards of service. Their private labels and promotions put your margins under even more pressure.
Core to most regulations is tracking and tracing. Being able to track products in a complex end-to-end supply chain is key.
Next to this, a factor further challenging the agility of the food manufacturer is the volatility of agricultural prices.
Sources: Eurostat (Prices) and DG Agriculture and Rural Development
Thanks to Integrated Business Planning (IBP), you can optimize your end-to-end supply chain financially and make the desired trade-offs. That clear horizon leverages your position towards retailers and other stakeholders. Or why not take a peek at LightsOutPlanning, our state-of-the-art planning tool based on industry 4.0 techniques?
To be able to respond quickly to market changes, you need to get the best out of your manufacturing and distribution processes so that R&D resources can be freed up. You have to upgrade your products, your people and your company.
A food safety strategy is an integral part of your supply chain. At the heart of compliance is a serialization and track & trace system, for which we also have a proven track record in life sciences.
Drop us a line or pop in for a coffee at one of our offices!
Even APICS says so: Forecasts can never be 100% correct. (Unless you are really lucky, but that wouldn’t last forever, would it?) Might that be the reason why companies are often confronted with poor forecasts – because they accept the idea that they can never...
Read this blogAre you coordinating your strategic plans in a departmental view? Do you believe there is more potential in horizontal alignment? Do you want to optimise your forward looking EBITDA on a regular basis? Or are you already convinced of S&OP planning, but believe there is...
Read this blogAdmit it. Trying to bring about change over several departments within a company is… well, erm, hard work. Because in many companies they suddenly appear: those “silos” or invisible boundaries in between departments. If you want to take them down, these 3 tips will take...
Read this blog“I skate to where the puck is going to be, not to where it has been.” For forecasters, the ultimate dream is to be able to read the game like ice hockey legend Wayne Gretzky did. With big, dynamic data entering the arena, that uncanny...
Read this blog