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.
The FDA’s New Era of Smarter Food Safety Blueprint, release mid-2020, changed the role of the traceability management system from an enhancement to mission-critical technology. Suppliers, manufacturers, distributors and every other stakeholder in the supply chain must be able to each play their part in enabling the traceback of raw materials, formulas, processed batches, end product, printed labels and storage containers to enable compliance for every one with the new regulations. Data drives the new requirements as much as it does the modern world, and your food and beverage software – as well as your technology stack that powers it – has to grant clear visibility into manufacturing and processing operations.
Key Food and Beverage Sub-Sectors Served by SWK
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Choose Your Food & Beverage ERP
SWK Technologies will help you choose the right food and beverage software for all of your manufacturing, processing and distribution needs from our list of ERP tailored to your business size and growth objectives.
Sage X3 is a modern enterprise management system that best serves process manufacturing businesses that require comprehensive traceability and formula management features. This flexible and modular ERP allows food manufacturers and processors to capture end-to-end supply chain visibility and meet stringent traceback regulations in their industry. SWK’s custom bundle built on X3 and including EDI and warehouse management features will enable you to full automate and streamline your compliance functions at every stage of your value chain, helping you consolidating the disparate silos that drain time and money from your value return.
Acumatica is a native cloud ERP that provides several advantages over traditional solutions, like unique resource-based pricing, unlimited scalability potential, flexible mobile access and extensive options for customization. Users are able to integrate the Quality Management Suite (QMS) and transform their application into a state of the art traceability management system that streamlines QA. The Acumatica Manufacturing Edition and QMS empowers food and beverage manufacturers to leverage the latest cloud-hosted technology and automation features to maintain compliance while maximizing ROI.