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Supply chain disruptions, especially protracted ones, can threaten business continuity and destabilize cash flow. Fortunately, your organization can overcome supply chain disruptions by leveraging the proven strategies outlined:
Looking ahead to 2020, one can see many trends shaping the food industry, beyond consumers looking for healthier, more environmentally friendly products. Consumer demand for quality and sustainability, along with increasing costs, are creating challenges for food industry organizations. An advanced cloud ERP system like Acumatica can help food businesses address some of the most significant issues looming in the near future. Here are the highlights:
Food manufacturers need more than basic Enterprise Resource Planning (ERP) software. The nature of food manufacturing is such that a Materials Requirements Planning (MRP) solution is essential for profitable operations. We are able to offer some insights into this requirement, based on our extensive experience working with food manufacturers. Learn more about ERP for food manufacturers.
Food waste is a serious problem. With hunger a pervasive crisis in much of the world, it’s simply wrong to waste food. Additionally, growing food that won’t get eaten is bad for the environment. It wastes resources and causes pollution. And, if nothing else, wasting food is the same as wasting money. It’s bad for business. The scale of food waste is a real eye-opener, too. Per capita, North Americans and Europeans throw out over 200 pounds of food a year—worth about $165 billion in the US alone. While some food waste is probably unavoidable, there are many ways to reduce it. Technology can help. Advances in Enterprise Resource Management (ERP) software now give food producers and distributors new ways to cut down on waste.
Sanitation practices, documentation of food safety plans, and the traceability of materials and ingredients used to make food products are areas companies are looking more closely at due to the Food Safety Modernization Act (FSMA) implementation.