Food and beverage products manufacturers are among the most heavily regulated industries. Companies face strict lot tracking and must manage recalls, allergens, nutritional labeling, and more. Other challenges include process manufacturing production methods, expiration dates for perishable inventory, catch weights, byproducts, and flexible pricing with promotions and allowances for customer returns due to spoilage and damage.
Food and beverage product manufacturers using legacy ERP systems lack integration, automation, and information to boost profits, reduce costs, and improve the customer experience.
Modern ERP applications provide connected commerce solutions for online storefronts, brick-and-mortar sales, direct store delivery (DSD), and electronic data interchange (EDI). Mobility, cloud computing, and open APIs are essential for growing organizations to manage the complex nature of their products, supply chains, and unique market requirements.
This Industry Digest provides an overview of the Food and Beverage Products Manufacturing market with insights into the industry’s future, critical features to consider when evaluating a new ERP application, and a list of resources to get more information.
