Food and Beverage Software
Do you have the recipe for a highly profitable company?
There’s one key ingredient you might be missing: the right business solution.
The food and beverage industry has additional challenges of managing perishable products and navigating strict regulations, not to mention the ever-present danger of recalls and contamination. At times, it can seem overwhelming—that’s where you need a business management solution that’s built for your industry and specific needs.
Can you overcome the four major challenges facing the food and beverage industry ?
Addressing these challenges will help you figure out if your business is compliant, accountable, ready for recalls, and able to maintain quality.
Achieve compliance, while managing costs
Keeping up with stringent and changing regulation, especially the Food Safety Modernization Act (FSMA), can be a headache for many food and beverage businesses—and no element of the FSMA will have more impact than the “one step forward and one step back” traceability requirements. You need to invest in efficient and accurate tracking along your supply chain in order to comply, but this can be costly and time-consuming to implement.
Prepare for possible recalls
According to a study by Ernst & Young prepared for the Grocery Manufacturers Association, 81 % of food and beverage businesses see the financial risk from recalls as significant to catastrophic. Making sure you're prepared for possible recalls isn't just important—it's imperative. So you'll need to invest either time or money in the right technology and in updating your systems and business processes.
Maintain consistency – even as the market changes
At the same time, customers expect consistency even as supply, demand, and the marketplace itself changes. It's challenging to stay in control, keep costs down, and retain flexibility for reacting to these changes, but you can overcome it with the right solution.
Inspire consumer confidence with traceability
Waste—both of perishable goods and in terms of process by- products—can be an economic, environmental, and social issue. The right solution will help you gain greater insight into your supply chain, including inventory tracking and product profitability. It will also help you remain accountable to consumers, and protect the environment while remaining lean and efficient.
Save time and money while keeping up with compliance
The right solution should be easy to configure, and it should help you meet the requirements of regulatory bodies. It should also gather and present business data automatically and in the right way, so you can reduce administrative overheads and help your business meet its obligations.
Gain better visibility over operations in your food and beverage business
You can prepare for possible recalls with a business management solution that gives you total visibility of your operations, comprehensive lot tracking, and detailed, accurate data at any time. If the worst happens, you’ll be able to determine the scope of the recall and prevent contaminated foods from entering the supply chain.