FOOD AND BEVERAGE ERP AND SUPPLY CHAIN MANAGEMENT SOFTWARE
Food and beverage manufacturing and distribution is a vast but powerful industry. While almost half of the entire industry revenue comes from 50 of its largest companies, opportunity still remains for mid-market and small-scale producers, manufacturers and distributors. As a whole, the food and beverage industry is expected to grow at a compound annual growth rate (CAGR) of 4% between 2017 and 2021.
Smaller players in the food and beverage manufacturing and distribution are not immune to the shifting consumer demands—in fact, they may feel the pressure of these demands more than larger companies. The “Farm-to-Plate” movement puts greater emphasis on transparency of food origin, as well as factors like humane treatment of animals, or ecological footprint of products and their journey to the customers, placing more focus on food supply chain management. Consumers are sensitive to simple, clean and natural ingredients as well. Younger generations may be interested in non-traditional ingredients, older generations may become increasingly health conscious, and food compliance reflects this shifting demand.
Not all food and beverage companies are alike. At SWK we understand each industry sub-sector of the F&B industry, their unique pain points, and how we can help by implementing transformative food and beverage ERP software. Our solutions enable F&B manufacturing and distribution businesses to capture downstream supply chain visibility and ensure compliance with FDA regulations. Our F&B solutions delivers real-time visibility and traceability across your entire value chain.
Careful formula control is integral to food and beverage manufacturers. Preservation of ingredients and precise mixture processing must be ensured to be able to successfully deliver products to market. A modern food and beverage ERP software system can accurately manage mixture conditions and yields to provide you with full end-to-end visibility of your production cycle.
Lot and serial traceability enables you to actively monitor the status of your product and chart its course from production to distribution. Food and beverage inventory software allows you to control processing, prevent accidental mixtures, and move products on-demand. Potentially hazardous materials can also be more easily identified and tracked down.
A modern food and beverage ERP software solution can help you maintain product quality and identify tainted inventory more quickly. It will track ingredient and product conditions from procurement to distribution, and test the viability to determine status.
Regulatory requirements can be maintained and cross-checked within your food and beverage ERP software system to enable streamlined compliance with government mandates. The solution helps identify noncompliant products and enables you to accurately label packages as required by law, including for potentially hazardous items.
Material resource planning functions within your food and beverage ERP software solution provide you with the ability to precisely manage ingredient levels and plan for future developments. It will monitor current inventories, analyze past trends, and help you forecast for future demand to aid in determining ROI.