Every business has its own unique challenges, but according to Global Market Insights, the food and beverage industry faces several major obstacles. Consumers demand change, rapid innovation, and industries such as the food and beverage industry are expected to adapt to change most quickly, but for some, such rapid change management is simply impossible. So let’s tackle those challenges together!
E-Commerce. Meal kit services and grocery delivery services are becoming increasingly popular, and these services are typically made accessible through a mobile app. In order to successfully deliver perishable products, flawless time and information management is required.
Strict Regulations. Food and beverage manufacturers have some of the strictest regulations in place in order to achieve certain levels of certification. The U.S. The Food and Drug Administration (FDA) has authority over approximately 75% of the U.S. food supply. These regulations are known to periodically change, and this is typically the reason for food recalls or a loss in capital for business. A great deal of accuracy and precision in business operations is the only way to prevent these situations.
System Integration. The ability to integrate with multiple systems, such as CMMS or CRM, for the various areas in your company distinguishes ERP software against the rest and makes it special. The all-in-one system allows you to locate all of your business data - such as financial, production, inventory or compliance - into one integrated system that gives you access to all of your information in real time. Business analysis is improved exponentially when data from every key area is available to you.
In the food and beverage industry, managing product traceability and improving product quality are key. In the food industry, warehouse management and the traceability of products and their components to the product are essential to adapt quickly and efficiently to the constant changes in consumer demand.
Food and Beverage Industry canias4.0 Challenges and Opportunities
canias4.0 has solutions for the Food and Beverage Industry
Warehouse Management Complexity
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Inventory management is one of the most important business functions for the food and beverage industry. Given that the products involved are perishables, it’s vital for business owners to ace inventory management, but mitigating factors can make it difficult to do that.
Product Traceability
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According to Forbes, one of the top trends driving change in the food industry is a demand for greater transparency. Consumers want to know what is going into their food products. Perhaps they are making sure the product aligns with their dietary needs or avoiding allergens, or want to know if their food is raised in sustainable, ethical ways.
The main modules are recommended in the Food and Beverage Industry
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Inventory Management
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Bill of Materials Management
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Business Process Management
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Routing Management
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Sales Management
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Material Requirements Management
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Purchasing Management
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Quality Management
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Invoice Verification Management