Practical Insights (Blog)

Four Ways Advanced Data Analytics is Disrupting the F&B Supply Chain

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Bill Forster, EVP Food & Beverage, Maine Pointe outlines how disruptive technologies are presenting the food and beverage industry with an unprecedented opportunity to improve margins, reduce waste and meet changing consumer demand.

The food and beverage market has always been fiercely competitive. Pressures around changing consumer behaviors, ingredient visibility, rising operational costs, production efficiency, and product quality form a complex operating environment for the industry as a whole. The modern supply chain depends on real-time data to operate efficiently. Survival is about complete visibility and having agility to capitalize on a rapidly changing market. It’s about smart use of new technologies to create a demand-driven end-to-end digital supply chain. Organizations need to embrace innovative technologies that help optimize daily operations and hone profit margins.

Topics: food&beverage supply chain transformation digital supply chain

Act Now to Protect Margins in a Rising Commodity Market

In light of strong growth predictions for the global commodity market in 2018, Rex Clothier, EVP Strategic Procurement at Maine Pointe, considers the steps CEOs need to take now to protect margins and enhance EBITDA growth.

 

 

 

Topics: Strategic Procurement supply chain transformation digital supply chain

Is Your Supply Chain and Manufacturing Operation Set up to Capitalize on Growth in 2018?

As the initial impacts of the GOP tax reform bill begin to be felt, Simon Knowles, Chief Marketing Officer at Maine Pointe, asks executives a multimillion-dollar growth question.

 

Topics: global supply chain supply chain transformation cost, cash, growth

Ensuring Your Supply Chain Keeps Pace With Rapid Change in 2018

Chairman and CEO of Maine Pointe, Steven Bowen, talks about upcoming changes that will impact your business and supply chain in 2018.

Topics: supply chain transformation video

Four Key Considerations for Supply Chain Decision Makers

When it comes to buying a new product or service, supply chain pros utilize a variety of methods to gather information, analyze results, and make decisions.

These solutions range from no-tech methods like working the phone, to high-tech methods like conducting an e-procurement process using industry tools. While the methods on the lower end of the scale are more labor intensive and can be subjective, and the methods at the higher end of the scale tend to be more objective, formal and efficient, each has its place in the world of procurement. However, there’s a fundamental question that all decision makers need to be able to answer; what are we actually buying?

The following four considerations are helpful before embarking on any procurement initiative:

Topics: supply chain transformation

Step-By-Step Supply Chain Transformation

Achieving advantage is not as hard as you may think

"The ‘big bang, bet the company’ transformations of the past are dead."

Simon Knowles, Chief Marketing Officer at Maine Pointe, explains why a more pragmatic step-by-step approach will deliver realizable value.

Topics: global supply chain supply chain transformation