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Food and Beverages Tech Review | Tuesday, January 21, 2025
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Investing in advanced supply chain systems and implementing a multi-enterprise platform can improve shop floor performance and operational efficiency.
Fremont, CA: The food and beverage industry faces challenges maintaining food safety and operational efficiency. Investing in advanced supply chain systems and implementing a multi-enterprise platform can improve shop floor performance and operational efficiency.
First, let’s look at how a multi-enterprise platform can optimize the shop floor performance of manufacturing partners, such as contract packagers and external manufacturers.
How Can A Multi-Enterprise Platform Improve Food Manufacturing Performance?
Maintain Safety and Quality: Third-party partners like co-packers and contract manufacturers often lack modern digital solutions for managing production operations, leading to inventory expiry, food spoilage, and quality control issues. A multi-enterprise platform can track workflow, enforce quality compliance, and maintain safety protocols for efficient and accurate production lines.
Ensure Compliance: Food safety regulations constantly evolve, and outdated technology can hinder compliance, affecting traceability, record-keeping, and recall management. Non-compliance can lead to public health risks, legal liabilities, reputational damage, and financial penalties. Companies need purpose-built solutions to support quality functions, streamline compliance processes, and address potential issues.
Increase Efficiency: Inefficient production operations rely on manual processes, limiting automation and data visibility. This hinders businesses from achieving their full potential for efficiency and growth. They face daily issues like production delays, increased labor costs, and reduced OTIF. Optimizing operations with real-time inventory tracking and automated data flow can minimize downtime and reduce costs.
How Does Your Bottom Line Benefit From Multi-Enterprise Collaboration?
A multi-enterprise collaboration platform offers real-time data visibility for manufacturing and packaging partners, enabling food and beverage manufacturers to plan and execute orders confidently and quickly. This data visibility can lead to cost savings and operational efficiencies.
How Technology Can Preserve Food Safety And Sustainability?
Around 40% of America's food waste is due to financial losses for manufacturers, distributors, and retailers. By utilizing multi-enterprise collaboration and technology, manufacturers and suppliers can improve food safety, compliance, operational efficiency, and cost savings. Automating manual processes, real-time data visibility and predictive analytics can optimize inventory management, reduce waste, and improve forecasting accuracy. Investment in modern supply chain technology is crucial for food and beverage manufacturing supply ecosystems, as outdated technology poses risks to food safety and efficiency.
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