Of all the aspects of the food industry, one of the most difficult to manage but of vital importance is the demand forecast. With the right demand forecast, you can ensure that planning, production, and inventory management are working in tandem to deliver the correct results. While planning your supply chain and inventory management, you need to consider the seasonal fluctuations as well.
Another aspect that plays an essential role in the food industry is trace-ability to have the origin and source records of all ingredients. Apart from maintaining quality production and distribution, it would help if you also focused on meeting compliance requirements. The role of transportation and warehousing is also of paramount importance in meeting customer needs.
As a young, expanding company, our biggest challenge was managing our tremendous growth. We were open to new technology and its possibilities, and we needed an ERP system that would grow as our company grew. What we didn’t need was an ERP system that would bury our business.
― Jonathan King,
Chief Operating Officer,
Ebook - How to evolve demand planning to outperform competition?
Minimize supply chain risks and leverage the market potential of your products. Food Manufacturing runs the risk of lack of visibility into the data across various functions. This results in lack of communication across teams not only affect operations but also productivity, profitability, and brand value. In such situations, you would want to explore a system that helps develop reliable demand forecasts, optimize supply chain efficiency, and boost productivity. Read this ebook to know how to do it.
Flexibility to source ingredients and raw materials at optimal conditions
Ensure top-quality, resource-efficient production and distribution