Having delivered strategic sourcing solutions to large global food and beverage manufacturers, one realizes the unique challenges that face this industry. Consumer demand for fresh, organic, natural and authentic foods is growing and creating new sourcing opportunities and challenges.
From fluctuating supply chain pricing to the challenge of maintaining quality, freshness and safety, there are any number of variables to address:
From fluctuating supply chain pricing to the challenge of maintaining quality, freshness and safety, there are any number of variables to address:
- Product freshness, safety, and sustainability
- Seasonality and spikes in consumer demands
- Centralized sourcing and operational efficiency
- Cost management and commodity pricing
- Greater savings opportunities through spend aggregation and cost driver optimization
- Supply chain innovations through a collaborative bidding process with suppliers and transportation carriers
- Productivity gains due to product-enabled efficiencies
- Increased spend by addressing challenging spend categories
- Improved stock rotation
- SKU product rationalization
- Order fulfillment rates
- Setting up key performance metrics with all suppliers
- Mitigating risk through supplier relationships
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