The Power of Real-Time Inventory Management in the Food and Beverage Industry
The food and beverage manufacturing industry, especially the baked goods sector, is under constant pressure to meet the ever-changing demands of consumers. One of the most significant challenges they face is managing their inventory efficiently. This is where real-time inventory management systems come into play. Why Real-Time Inventory Management is a Game Changer Real-time […]
Simplifying Complex Sales Channels for Food and Beverage Manufacturers with Harvest ERP
Food and beverage manufacturers need to navigate a growing number of distribution methods to make sure their products make their way into consumers’ hands. This intricate web is collectively referred to as ‘sales channels.’ There are some challenges that are common across all channels, such as traceability and compliance that Harvest ERP’s robust compliance features […]
Harnessing the Power of Dynamic Batch Scheduling in Food and Beverage Manufacturing
In the fast-paced, high-stakes world of food and beverage manufacturing, dynamic batch scheduling is quickly emerging as a game-changing strategy that can significantly enhance productivity, quality control, and profitability. And it’s an approach that is increasingly enticing for food manufacturers as they grapple with inflation – 81% having said there’s an increase in cost per […]
Why visibility is key for food manufacturers
Today’s supply chain is in a unique state. We’ve learned to live with the uncertainly of COVID, seen the impact of global political issues, and settled into what we can consider the new normal for the labor perspective. Food manufacturers now have a narrow opportunity to reflect where they can look back at what has […]
2022 in review and a sneak peek into 2023
We help businesses stay close to what they need, and to get what they want with minimal configurations. How do we do it? By staying close to what Microsoft has built. We take advantage of the investments Microsoft puts into their products instead of needlessly building our own IP – helping provide the tools food businesses need at a lower cost.
Labor shortage woes for food manufacturers continue
Food manufacturers continue to battle labor shortage woes. The “great resignation” brought unprecedented turnover rates of 40%, and manufacturing is seeing skyrocketing quit rates, almost double compared to before the pandemic. While food manufacturers have started implementing permanent changes to their business models to help weather current and future disruptions, including holding larger inventories or […]
How food manufacturers can cope with the rising costs of raw materials
Prices of food commodities have seen a staggering increase of 40% year-on-year, according to the FAO. This is the highest level in a decade, with prices of raw materials like grains, vegetable oil, meat, dairy, and sugar all reaching new heights. The US Department of Agriculture concurs, stating that “all food prices are expected to […]
Technology in the Food Manufacturing Industry
It comes as no surprise that in the food manufacturing industry, like many other industries, technology has become commonplace, both in food production and procurement. Many manufacturers are now employing robotics, data, artificial intelligence, and automation in their daily business. According to a recent report from ING, technology helps food manufacturers produce more efficiently for a […]
Supply Chain woes continue for food manufacturers in 2022
Food manufacturers are yet again confronting supply chain issues on multiple fronts, brought upon by COVID-19 isolation requirements or illness. While some manufacturers continue to adapt their productions by changing/reducing their product lines, e.g. just focusing on those with the highest demand to keep up production levels, there are new battles they must face. […]
How Food Manufacturers Can Tackle the Labor Shortage
Food manufacturers are once again bracing themselves as the Omicron variant is causing increased sick leave across schools and workplaces. As a result, businesses are looking at yet another labor shortage caused by employees unable to come to work because of children at home due to school closures, or because they themselves are unwell. While […]