FoodBusiness ERP experts hosted a webcast on Streamlining Food and Beverage Manufacturing Operations to Manage Growth. In this webcast, we highlighted some of the challenges manufacturers are facing in 2020 due to the coronavirus pandemic and the ways ERP software helps streamline operations and provides you with the information you need to make good business decisions.
Webinar Highlights
Challenges Facing Food and Beverage Manufacturers in 2020
Like almost everything else in 2020, the food and beverage industry has faced adversity because of the coronavirus pandemic. Some of the challenges faced by food and beverage manufacturers include:
- Changes in consumer eating and shopping habits
- Supply chain issues and product shortages
- Long-term economic disruption
On top of these pandemic-specific challenges, manufacturers are also concerned with issues inherent to the food and beverage industry, including:
- Changing regulations
- Sustainability
- Managing waste
Overcoming These Challenges
Our most successful food and beverage customers have been able to shift their operations and adapt to industry changes by doing the following:
- Keeping production on track
- Managing shifts in demand
- Reacting to supply chain challenges
- Proactively managing risk
- Managing cash flow, financials and planning
They do this be relying on good information. When food and beverage manufacturers are armed with accurate, timely data, they can make good decisions about their operations and better manage growth.
Streamline Food and Beverage Operations
An Enterprise Resource Planning (ERP) solution streamlines your operations within a single system to better manage your food business. An ERP does this by:
- Replacing legacy and disparate systems with one solution across multiple locations
- Managing and analyzing production costs
- Optimizing production and reducing waste
- Making employees’ jobs easier with less manual work, which is typically error-prone
- Ensuring reporting and regulatory compliance
- Managing company growth and improving working capital
Why Food-Specific Software is Best
Food and beverage manufacturing is unique and requires technology that accounts for this. A solution that is tailored to the food and beverage industry should come equipped with the following functionality:
- Quality and Compliance
- Production Management
- Distribution and Inventory
To learn more about how ERP software can help your food and beverage company streamline operations and gain visibility and insight into your business, check out our recorded webcast, which includes a real-time demo of FoodBusiness ERP. For more information on how FoodBusiness ERP can work for you, reach out to us. We’d love to chat.