As I have been thinking about the food and beverage industry (and process manufacturing) and future proofing your business, I see several examples of proactive clients and colleagues' future proofing their business. As this is my latest, hot-off-the-press LMA-i, LMA Intelligence topic, I thought we'd explore a few trends related to food and beverage.
According to a recent project44 report, 94% of business purchasers surveyed expect the same level of customer satisfaction from a business transaction as they do when making a personal purchase. These expectations revolve around “low-cost, fast and highly transparent delivery of goods.”
There is a lot of interest in IoT as it relates to connecting equipment, vehicles and more; however, it is a more complex topic with multiple vendors involved.
Since forecasting can deliver significant benefits with increased levels of service, inventory turnover and margin improvement, the question that inevitably arises is whether it makes sense to purchase a forecasting or demand planning system.
Lisa Anderson is a specialist in ERP management. Her field of work also includes supply chain management, S&OP. Her purpose is the same as other influencers, to help vendors uplifting their business.
Determine the optimal timing for an ERP upgrade to enhance business growth and technological capability. Strategies from Lisa Anderson.
Internal and collaborative systems are critical to short- and long-term growth for manufacturers and distributors. Systems must be able to support scalability and sustainability.
According to Good Morning America, Amazon is adding in-garage delivery options to its already vast array of delivery options - in-home and in-car.
Artificial intelligence appears to be taking over the world. You better get up-to-speed quickly!
No matter the industry and geography, the topic of "People vs. Robots" is a hot topic! Certainly, manufacturing has been focused on technology and automation for quite some time to navigate the path to thrive in the modern environment of high costs, regulations, and elevated customer demands.
