In part one of this post we discussed the smartest ways to gain global visibility and respond to volatility in a food and beverage supply chain. And here in part two we will cover how to embrace the best technology. Addressing these key challenges can have a profound and positive impact on your entire supply chain—from procurement to manufacturing to delivery.
When you're looking at building a better foundation to address the challenges you may be facing within your overall organization, there's a number of solutions to consider. These aren't necessarily always the options that fall into what you’d expect to be a supply chain solution, but they all overlap within your overall supply chain and will help drive effectiveness and efficiency.
The first example is formula management. Many companies want to ascertain that it’s creating the right products for the right country as there may be limitations from a global perspective of where you can sell a product. Trying to manage this manually is challenging. Being able to respond to inquiries from customers and prospects around the globe requires quite a robust formula management solution.