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Moving At The Speed Of Social Trends In The Food And Beverage Industry

Posted by Harriet Schneider on Oct 18, 2021 1:39:16 PM

Throughout the pandemic, food and beverage companies have weathered surges in demand, rapid fluctuations in consumer buying habits, and the complexities of the global supply chain. Without complete enterprise-wide visibility or collaboration, shifting gears and adapting to trends in the market can seem insurmountable.

How can you modernize to keep pace with the speed of consumer needs in today’s competitive market? We recently did a webinar with Mark Winter, CFO of My Food Bag, to hear how his company, a leading online meal kit provider in New Zealand, managed to improve business productivity, efficiently manage the growth of its business and navigate the pressures of the pandemic.

Here are some valuable takeaways from the webinar. Watch the on-demand recording if you want to hear more about how My Food Bag deals with special requests from customers for particular food products, or ingredients, how the company manages last-mile delivery, and what they do to get the right balance between supply chain efficiency and sustainability.

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Topics: ERP, Food & Beverage, Supply Chain, Food Technology, CloudSuite Food & Beverage, Infor M3 ERP, Enterprise Software, WMS, Supply Chain Management

Replacing Hospitality Software – How to Get Out of a Sticky Situation

Posted by Harriet Schneider on Aug 12, 2021 7:34:06 AM

Stability is important. Hotels, casinos, and resorts have guests they need to serve right now, today. Hospitality software solutions in place help them do that by taking care of the basics: reservations, check-ins, folios and check-outs, along with a staggering variety of in-house services and their associated charges. Essential software like hotel PMS is pretty “sticky” that way; it’s easier to stick to what you’ve got than it is to change. Why fix what isn’t broken?

Here’s the thing. Five years from now – perhaps sooner – the way guests engage with hospitality providers will likely look very different. Innovative solutions and platforms will be necessary to scale to that new paradigm, whatever it may be. So how do hospitality organizations know when it’s time to start planning for that? How do decision-makers know when it’s time to get unstuck? Here are 3 considerations to help answer that question.

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Topics: ERP, Distribution, Process Manufacturing, AI, Artificial Intelligence, Food Technology, Business Intelligence, Cloud BI, Enterprise Asset Management, Enterprise Software, Business Processes, Infor CloudSuite M3, Infor CloudSuite ERP

Hospitality AI vs. Human Expertise – Striking the Balance

Posted by Harriet Schneider on Aug 10, 2021 9:15:16 AM

As new hospitality technology emerges and as organizations increasingly invest in it, the ways people do their jobs change in response. Most of the time, this means greater efficiency, and a way for teams to concentrate on key tasks while the technology takes care of the necessary minutiae. Some of the time though, the rise of certain technologies can cause some concerns that with certain functionality in place, the human factor will get lost.

Hospitality AI functionality in hotel revenue management and in hotel pricing tools is a case in point. The conversation around automation via algorithms has been too easily positioned with a “versus” between machine learning solutions and professional expertise. Yet, the features of the technology and years of knowledge and experience held by revenue and strategy teams isn’t adversarial. The relationship between them is more about achieving greater focus and clarity. How do science-based algorithms in revenue management and pricing solutions help your organization do that? Let’s look at some key points.

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Topics: ERP, Distribution, Process Manufacturing, AI, Artificial Intelligence, Food Technology, Business Intelligence, Cloud BI, Enterprise Asset Management, Enterprise Software, Business Processes, Infor CloudSuite M3, Infor CloudSuite ERP

What Food And Beverage Manufacturers Can Expect From APM

Posted by Harriet Schneider on Jun 3, 2021 9:49:54 AM

It’s a moment of enormous opportunity, with Industry 4.0 transforming the way businesses collect, process, and deploy data, and Maintenance 4.0 applying those tools and techniques to revolutionize asset management.

A strategic approach to Asset Performance Management (APM) helps you keep critical equipment and production lines up and running, using the mountains of operational data now available to help you track equipment performance, anticipate the need for maintenance, and prevent breakdowns before they occur. But even in steady economic times, and certainly in the midst of a global pandemic, the decision to embrace the new technology will always be guided by the bottom line: Will the cost of the new system be justified by the efficiencies and cost savings it delivers?

Infor’s Best Practice Guide, “Why your EAM strategy must evolve to increase food safety,” focuses on five specific, tangible benefits of APM, to help you make an informed decision on an approach that will soon be the price of entry for successful business operations in the 21st century.

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Topics: ERP, Food & Beverage, Distribution, Supply Chain, Supply Chain Visibility, Supply Chain Network, Food Technology, Cloud BI, CloudSuite Food & Beverage, Enterprise Asset Management, Enterprise Software, Infor CloudSuite M3, Infor CloudSuite ERP

How You Can Drive Business Transformation With Infor CloudSuites.

Posted by Harriet Schneider on May 6, 2021 11:47:41 AM

There has never been a better opportunity for you to embrace technology that drives innovation. Transforming and evolving as an organization is now a requirement to thrive and protect continuity of business. Infor helps Lawson S3 customers drive digital transformation and ensure business continuity with Infor industry CloudSuites. Infor CloudSuite customers leverage improved automation and role-based security to tighten access to sensitive data, scale quickly and efficiently, and harness the power and responsiveness of Infor’s modern system architecture to stay ahead and compete.

Infor CloudSuites are built on Amazon Web Services (AWS), the market leader for cloud-based infrastructure as a service and platform as a service for over 10 years. This best-in-class system architecture is purpose-built for innovation, providing you with industry-leading scalability and availability, integrated governance and control, and unparalleled extensibility to democratize data for end users.

Infor CloudSuites, including CloudSuite Healthcare, CloudSuite Corporate, and CloudSuite Public Sector, provide an easy path for Lawson S3 financials and global human resources customers to digitally evolve business operations. CloudSuites deliver industry-specific capabilities without extensive customizations or integrations. Infor’s enterprise resource planning (ERP) competitors struggle to tap into the latest advances in enterprise functionality with as little business disruption and as cost effectively as with our AWS tag team.

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Topics: ERP, Food & Beverage, Distribution, Supply Chain, Supply Chain Network, Food Technology, CloudSuite Food & Beverage, Enterprise Asset Management, Enterprise Software

Achieving Maintenance 4.0 In Food And Beverage Manufacturing

Posted by Harriet Schneider on Apr 29, 2021 1:57:52 PM

Since the Industrial Revolution, manufacturing processes have undergone several revolutions characterized by ever-greater automation. Today, the fourth industrial revolution, known as Industry 4.0, takes advantage of big data and machine learning to drive smart, highly automated processes. A pretty familiar concept.

Less well understood, but equally momentous, has been a parallel evolution in asset maintenance. Maintenance 1.0 relied on highly-trained specialists to visually inspect machinery. Maintenance 2.0 gave humans instrumentation to measure how equipment was running, while Maintenance 3.0 used real-time monitoring to understand the condition of an asset systematically and programmatically. Now with the Internet of Things (IoT) collecting sensor data, Maintenance 4.0 sees that data captured in a data lake repository, and algorithms and analytics applied to better predict when a given asset will fail, and how to correct the problem—preventing a potential food safety issue.

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Topics: ERP, Food & Beverage, Distribution, Supply Chain, Supply Chain Network, Food Technology, CloudSuite Food & Beverage, Enterprise Asset Management, Enterprise Software

The Impact Of Asset Performance On Food Safety

Posted by Harriet Schneider on Apr 15, 2021 9:00:00 AM

Asset performance is key for food and beverage processors to reliably produce safe food at the lowest cost. This goes beyond only having the equipment available. Asset performance is one of three variables used to calculate the Overall Equipment Effectiveness (OEE)—the other two variables are availability and quality. In food and beverage processing, quality is primarily about food safety, which is non-negotiable. Studies show that a food safety issue leading to a recall in average costs $10 million. The associated brand damage can be unmeasurable.

The state of equipment and the behaviour of workers have a big impact on food safety. Eliminating food safety risks and risks to workers are the primary responsibilities of any food processing company. Numerous food safety issues caused by contaminations with extraneous material like metal coming from broken filling equipment, or grease or detergent remnants are reported to the FDA and RASFF every year. Cross contamination, pathogens, and faulty labeling are other possible reasons why food and beverage manufacturers must recall products

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Topics: Digital Transformation, Food & Beverage, Distribution, Supply Chain, Artificial Intelligence, digital technology, Food Technology, CloudSuite Food & Beverage, Enterprise Software

Centralizing Restaurant POS Menu Management

Posted by Harriet Schneider on Mar 30, 2021 8:30:00 AM

When every transaction counts more so than ever before in restaurants and food services, forward-thinking strategies around restaurant menu management have become more important than ever before. Central to that is how much leading organizations have risen to the occasion to streamline the way they manage they their offering and push the newest versions of menus to the point of sale, unified across locations and concepts.

Restaurants and managed food services rely on current data and the technology needed to find useful narratives about how to enhance performance and maximize returns, specifically at the menu item level. How does that work? What role does restaurant POS play in that process? Let’s take a look.

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Topics: ERP, Food & Beverage, Distribution, Supply Chain, Food Technology, CloudSuite Food & Beverage, Enterprise Software

The Role Of AI And Machine Learning In Food Technology

Posted by Harriet Schneider on Mar 18, 2021 10:28:05 PM

The food and beverage industry is ripe with complexities, and the journey from idea to commercialization is long and arduous for food technologists. New product ideas or packaging developments have to endure rigorous data collection, testing, and certifications to make it to consumer shelves—processes carried out by food technologists working with manual tools, creating a wide margin for potential error.

Excel and pen-and-paper methods are common ways to record data and make calculations regarding research and development, quality standards, raw supplies orders, and dozens of other variables associated with the manufacturing process. Luckily, the industry has seen an uptick in the adoption of digital transformation methodologies. Accessible, commodity-based technologies are making it easier to accurately record data and make mission-critical calculations.

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Topics: Digital Transformation, Food & Beverage, Distribution, Supply Chain, Artificial Intelligence, digital technology, Food Technology, CloudSuite Food & Beverage, Enterprise Software

Cut F&B Production Downtime With Smart Asset Management

Posted by Harriet Schneider on Mar 2, 2021 9:30:00 AM
Introduction

No food and beverage (F&B) company can afford unscheduled downtime. F&B is an industry pressured by outside forces such as consumer tastes and commodity pricing. But what is within control are the operations that get product to consumers. One big way to optimize production is to slash downtime to deliver tens of thousands of dollars back to the bottom line. In this e-book we provide tips on harnessing IoT, data-driven enterprise asset management (EAM), and smart technologies to strike a careful balance between lean efficiency and maximized uptime.

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Topics: Food & Beverage, Distribution, Supply Chain, Food Technology, CloudSuite Food & Beverage, Enterprise Asset Management, Enterprise Software

About ICCG

Welcome to our Blog - ICCG Insights!

Embracing thought leadership as a pathway for growth, represents the true spirit of progressive change that will make a difference in technology-driven industries. As a consulting company, ICCG customers look to us as their value-added resource. They expect us to be proactive about solving their immediate challenges and we don’t take that responsibility lightly. It is this that drives us to share our best practices, knowledge-base, years of experience, and tried and true methodologies. These have been the hallmarks of our corporate brand.

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