As robust and far-reaching as ERP solutions can be, it's simply not feasible to think that they can be all-encompassing, providing complete business functionality for every aspect of an organization. The simple truth is that all ERP solutions have gaps in specialized areas such as product lifecycle management (PLM). Successful companies know that it's best to close these gaps with focused, industry-specific solutions that address the unique aspects of their business.
For three generations Smarties candies have been a favorite among Halloween trick-or-treaters who love the pastel-colored wafers that are even good for some allergen-sensitive children. On Wednesday the Smarties Candy Co. celebrates its 70th anniversary at its manufacturing headquarters in Union, New Jersey.
The company, founded by 96-year-old patriarch, Edward Dee has a lot to celebrate. It is one of the few family-owned mass-production confectionery companies left in the United States, and it turns out more than 2 billion rolls of the candies every year.
Of course, the renewed and now emphatically changing world of Farm-to-Table is upon us and growing in popularity at rapid speed. I do find it all so very interesting because many years ago I did work with Gardenburger (in Portland, OR) prior to Kellogg’s purchasing them.
Morningstar Farms were popular items (and still are today) but also were products that were sold primarily to vegans or vegetarians and often sold at local organic food co-ops or whole food markets (or similar). Might be a stretch analogy but let’s recall that decades ago major automobile companies were making electric cars but in similar terms the renewed and recent popularity can be directed at Tesla. Beyond meat and Impossible foods (and many others to come) will also need to be certain they can support the new demand so that they are not like Popeye’s chicken franchises that gained major popularity with their chicken sandwiches but had a complete failure with keeping up with the demand (failed supply chain).
As to the article, I think that the following words really show how McDonald's and others are afraid of falling behind, but also somewhat skeptical about whether this growth vertical will continue. Let alone, let’s be frank, McDonald's has never been the first to initiate or ingratiate itself to healthy menu items (and lifestyle-consumer) choices.
The experiment shows that the company has paid attention to consumers’ growing interest in plant-based burgers.
However, the P.L.T. is not vegan.
The stakes are smaller. If McDonald’s P.L.T. is a flop, it can quickly pull it from the market and go back to the drawing board.
Manufacturers everywhere have an extremely underutilized employee. This employee is a robust repository of institutional knowledge, facts, and random trivia. However, this employee is full of latent potential that hasn’t yet been tapped, and they are ready to do so much more.
Ok, so maybe this is a quirky metaphor, but—in case it wasn’t clear—this underutilized employee is your organization’s data. And Data could be doing so much more to help your human employees make better decisions.
For many manufacturers, the collected data is sitting in various databases and spreadsheets, waiting to be called upon, sorted, and analyzed to inform decisions across your organization.
At a recent Infor webinar they discussed the importance of new and revised products to a food company’s revenue and bottom-line growth. Successful product innovation, though, has never been more complex as consumers’, customers’ and regulators’ expectations continue to evolve and expand. And this is not just a challenge for your R&D department. It expands across all disciplines from procurement to production to marketing.
M3 Food & Beverage is a comprehensive ERP solution designed to help food and beverage companies respond to changes in customer demands, manage their global supply chains, plan for seasonality, and reduce waste.
Infor M3 Food & Beverage is the industry's most complete solution dedicated to solving the unique challenges of the food industry, including shelf-life, yield; reverse bill of materials, attribute management, grower accounting, and comprehensive asset management.
Establish a foundation for digital transformation:
With the world changing faster than ever before, companies need to keep up by becoming more agile and adopting new technology to stay competitive and stand out from the competition. Moving to the cloud is one way that can help you stay ahead.
Infor M3 Cloud delivers software as a service, offering complete flexibility in operations, technology, and scale. As a multi-site, multi-country, and multi-company ERP solution, M3 Cloud empowers your organization to easily adapt to changing business needs.
The FDA Food Safety Modernization Act (FSMA) requires that food and beverage companies take a more proactive approach to food safety. This is a shift from the more reactive approach that food and beverage companies have historically followed. With FSMA in place, companies must identify risks, create procedures for mitigating hazards, and execute against those procedures to ensure all threats to the safety of the food supply chain are contained, as well as demonstrate that their programs are valid and that they are continually being improved upon.
Today's consumers are better informed than ever before. As a protein producer, you must make cost-effective decisions about how you offer quality food -- before the first cut is made. To meet consumer demands, you must process meat and poultry in a manner that is ethical, humane, and efficient. With Infor Food & Beverage for the meat and poultry industry, you get the most powerful, purpose-built, and complete suite of solutions developed specifically for meat and poultry manufacturers so you can do just that.