Supply chain planning technology can enable food and beverage companies to reduce costs and mitigate risk. In fact, this technology is empowering global food and beverage companies to model, optimize and simulate supply chain network operations and correct inventory levels, leading to major improvements in cost, service, sustainability and risk management.
Once a slow-moving industry dominated by shelf life and inventory challenges, food and beverage manufacturing and distribution companies are facing a perfect storm of changing demand and customer expectations. At the same time, innovative products, producers and distribution models are quickly evolving to meet the challenge. As the mechanism that links supply and demand brings products into the hands of the consumers, the supply chain is at the eye of the storm. Supply chain agility, enabled by real-time data analytics, is critical for maintaining an effective response to radically changing market demands.