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Why Are Restaurants And Food Services Investing In The Cloud?

Posted by Harriet Schneider on Jan 17, 2022 8:00:00 AM

Recent events have challenged restaurants and food services industries to be flexible, adaptive, and more aware that being able to anticipate what’s to come is a vital component for staying competitive in the present. It’s also taught the industry that that status quo and the legacy systems that prop up outdated assumptions work directly against those efforts. A movement towards digitalization that has been happening over the last few years and embraced by restaurant and food service industry leaders has helped businesses to build a solid foundation for success.

Cloud infrastructure, SaaS, and cloud technology for restaurants and food services deployed to all brand locations has helped organizations to address the seismic shift that the industry is facing right now. How has this technology done this? How do the challenges and successes of the present point the way to resilience in the future? Let’s take a look.

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

Creating A Functionally Integrated Supply Chain.

Posted by Harriet Schneider on Jan 14, 2022 7:00:00 AM

The competitive landscape of the wholesale distribution industry is fiercer than ever before. With brand-new, internet-based distributors of all sizes seemingly popping up as quickly as mergers and acquisitions are building new distribution powerhouses, the competition just keeps getting more intense. Adding to the mix are an increasing number of manufacturing companies that are selling direct to retailers and offering online shopping options for consumers, bypassing distribution companies entirely. And let’s not forget the impact big box stores and e-tailers can have on the distribution channel as they leverage their purchasing power, large retail networks, and extensive B2C experience.

Of course, no discussion about distribution competition is complete without addressing the elephant in the room, Amazon® Business. With the ability to sell millions of SKUs with flexible shipping options at low price points, Amazon is setting a high bar for customer expectations. Amazon is very good at responding to how buyers buy today by offering a powerful customer experience that uses modern technologies, such as artificial intelligence (A.I.) and data science.

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Topics: Manufacturing, Distribution, Supply Chain, Warehouse Management Systems, Enterprise Software, WMS, Supply Chain Management

Four Cloud Hotel Management System Software Myths - Debunked!

Posted by Harriet Schneider on Jan 13, 2022 8:13:26 AM

With the rise of innovative hotel software in a radically changing era, trend lines continue to slope in favor of an integrated hotel management system that emphasizes mobile and guest-driven processes, all managed above location in the cloud. But there are many organizations who continue to stick to the on-prem status quo.

This hesitancy to change is a barrier for many organizations to see the benefits to their businesses in the long run, particularly in an era when alignment across all hotel properties is as essential as ever. To help address that, here are 4 common hospitality cloud software myths to better understand and then dispel while competing in a fast-moving and constantly evolving hospitality industry that is set to face new challenges.

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Topics: ERP, Distribution, Supply Chain, Fashion & Apparel, Supply Chain Visibility, digital disruption, Enterprise Resource Planning, Enterprise Software, Retail Supply Chain, Supply Chain Operations, Infor CloudSuite M3, Infor CloudSuite ERP

What Is The Real Power Of A Business Network?

Posted by Harriet Schneider on Jan 12, 2022 7:00:00 AM

The International Finance Corporation (IFC), the World Bank’s private sector arm, set out to provide relief to businesses in emerging regions as the pandemic roiled global markets. Stephanie von Friedeburg, MD and COO of the IFC, looks back on the year in a recent podcast where she reflects the following:

“There's been a substantive hit on supply chains, trade shocks. And so our trade finance business, which has always been a core of our business, has grown very substantially. And we've seen it in the poorest countries in particular, where we know that we need to continue to keep trade flowing. So we've seen an increase in trade finance in that relief piece. We've also seen many of our existing clients needing working capital and needing liquidity, and we believe it was important for us when we typically don't do a lot of liquidity or working capital, but important for us to step in and help our existing clients to withstand the crisis, keep them solvent so that when we come out of the crisis, we can rebuild faster and better.”

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Topics: ERP, Manufacturing, Supply Chain, Supply Chain Network, Infor M3 ERP, Enterprise Software, Retail Supply Chain, Supply Chain Operations, WMS, Supply Chain Management

Re-Evaluating Supply Chain: Five Technology Trends For The Food & Beverage Industry

Posted by Harriet Schneider on Jan 10, 2022 8:00:00 AM

Food and beverage companies face another pivotal year as the effects of the Covid-19 pandemic is forcing businesses to reevaluate their supply chain and operations strategy. To combat the challenges of supply chain disruption, shifting consumer demand, and market uncertainty, many organizations have turned to technology to promote resiliency and galvanize their business processes for the year ahead.

Below are five technology trends that experts anticipate will gain popularity in the years ahead as manufacturers prioritize agility and resilience over reactivity.

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

Omni-Channel Strategy Brings Your Value Chain Closer To The Consumer

Posted by Harriet Schneider on Jan 7, 2022 8:00:00 AM

Design your value chain for omni-channel

Today, customers expect to shop, compare, purchase, and consume on their own terms—on their own schedule, through a variety of channels, and on a variety of devices. For fashion companies, that means operating in a customer-driven economy. Not only should your marketing campaigns drive customers to the omni-channel outlets that you monitor, but your value chain should be ready to support these efforts. The omni-channel experience must be seamless and consistent, inspiring your customers to make purchases whether they’re in a physical store or online.

For your omni-channel management efforts and value chain to be in sync, you must move toward new business models that are far more collaborative, consumer driven, responsive, and quick. But how do you design a value chain so you can get closer to your customers and quickly deliver on their needs? And how do you get your value chain partners aligned to get the right products to where consumers want them—as quickly and efficiently as possible? This eBook will answer these questions and more.

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Topics: ERP, Fashion & Retail, Supply Chain, Fashion PLM, Cloudsuite Fashion & Apparel, Infor M3 ERP, Enterprise Software, WMS, Supply Chain Management

Creating An Effective Remote Workforce Strategy

Posted by Harriet Schneider on Jan 6, 2022 9:18:36 AM

As the world emerges from a Covid-19-inspired hibernation, organizations are evaluating how to ensure the return to work is handled safely and efficiently. For many organizations, this return will be more symbolic than physical as the benefits of allowing employees to work remotely have become too obvious to ignore. For example, remember then Twitter CEO Jack Dorsey's communication to employees, suggesting they could continue to work remotely forever?

"If our employees are in a role and situation that enables them to work from home and they want to continue to do so forever, we will make that happen. If not, our offices will be their warm and welcoming selves, with some additional precautions, when we feel it’s safe to return."

This trend is unquestionably gaining momentum as other companies such as Google, Facebook, Microsoft and many others have formally communicated their intent to extend their remote work policies (some through the end of the calendar year).

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Topics: ERP, Fashion & Retail, Supply Chain, Fashion PLM, Cloudsuite Fashion & Apparel, Infor M3 ERP, Enterprise Software, WMS, Supply Chain Management

Why You Should Choose Multi-Tenant Over Single-Tenant Cloud ERP

Posted by Harriet Schneider on Jan 4, 2022 9:23:28 AM

It's not just about technology, it's all about responsibility

The technical aspect of different delivery methods described in the previous blog post in this blog series of, is of course an essential part of the factors to consider when choosing the right ERP solution for your company. However, what is perhaps even more important to understand is the division of responsibilities between supplier and customer when it comes to the different options. There are major differences between the delivery methods, but there may also be differences within the specific method.

ERP Delivery methods from a responsibility perspective

Below Håkan Strömbeck (Senior Industry & Solution Strategy Director at Infor), describes the different ERP delivery methods from a responsibility perspective. The description is made from a general perspective for all option, except for the "multi-tenant" option which is described based on how things work at Infor.

 

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Topics: ERP, Distribution, Supply Chain, Fashion & Apparel, Supply Chain Visibility, digital disruption, Enterprise Resource Planning, Enterprise Software, Retail Supply Chain, Supply Chain Operations, Infor CloudSuite M3, Infor CloudSuite ERP

The Resilient, Efficient And Sustainable Supply Chain Journey Part 2

Posted by Harriet Schneider on Dec 27, 2021 8:00:00 AM

The existence of Conflicting objectives means we should look at aligning the processes and systems to enable us the make the appropriate decision and tradeoffs. But Siloed thinking and the Legacy systems deficit are making this more difficult to achieve.

There is no question that the solution is to first and foremost focus on people and process as we did in the second blog, Redefining the Processes, but technology can make a real difference to enable these processes and make the people able to focus on the important issues rather than the mundane task of data gathering and analysis.

The last 30 years have seen a huge expansion of global trade. Many of the goods we consume today are made in a different continents. The chase for the cheapest production location has resulted in complex, long lead time supply chains which have significantly increased the risk of disruptions, reduced supply chain efficiencies and increased our environment impact.

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Topics: ERP, Supply Chain, Supply Chain Visibility, Supply Chain Network, Fashion PLM, Infor M3 ERP, Enterprise Software, Supply Chain Operations, WMS, Supply Chain Management

The Resilient, Efficient & Sustainable Supply Chain Journey-Part 1

Posted by Harriet Schneider on Dec 24, 2021 8:00:00 AM

Future proof your supply chain with resilient and sustainable elements

Strengthening the supply chains in preparation for inevitable future uncertainties, and the need to be more sustainable whiles continuing to be efficient requires the development of processes, systems, and structures that enable rapid adaptation and resilience in the face of disruptions.

In this blog we’re going to look at the steps organizations can take to future-proof their supply chains, and at how they can build in resilience and sustainability elements.

A recent study, considered exactly this point. The study identified several key characteristics in this regard.

 

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Topics: ERP, Supply Chain, Supply Chain Visibility, Supply Chain Network, Fashion PLM, Infor M3 ERP, Enterprise Software, Supply Chain Operations, WMS, Supply Chain Management

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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