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Articles by Mike Lorbiecki
Supply And Demand: How A Holistic Approach To Intelligent Demand Planning Is Helping Food & Beverage Companies Get Ahead
ERP software with demand planning built-in will help minimize the time-consuming job of defining seasonal profiles, and combines seasonality with sales distribution for visual representation of an organization’s monthly forecast. Demand forecast functionality can even demonstrate historical forecast, system forecast, adjusted forecast, events and campaigns. 2.
How a holistic approach to intelligent demand planning can help manufacturers get ahead
Food and beverage manufacturers are under pressure to place the right product at the right place at the right time, and in the right quantity. And while companies look to demand planning to provide them with relevant data, many of these plans aren't as effective as they could be. Traditional enterprise resource planning (ERP) systems separate each of the different steps in the supply chain, which means that providing full visibility of entire business operations isn’t always achievable.
Using Food and Beverage ERP to Manage the Compliance Triple Threat
The penalty for non-compliance in the food and beverage industry can be severe — just one slip-up could seriously harm consumers, brand reputation and revenue. A recent PricewaterhouseCoopers report states that hundreds of companies have recalled products over the past five years, the costs of which ranged from $10M to $30M for each recall.
Playing the Supply Chain Game - 4 Ways ERP Can Protect the Food and Beverage Bottom Line
The time-sensitive nature of the food and beverage industry means inefficiency has the potential to inflate wastage and deflate profits. Getting a handle on the transaction-heavy, complex and highly regulated food and beverage supply chain can pose challenges. Mike Lorbiecki, Vice President of Sales, North America, at IFS outlines four ways Enterprise Resource Planning (ERP) can simplify the supply chain process, keeping customers happy and protecting the manufacturer’s bottom line.
The Race to Trace - The Need for Traceability in the Food & Beverage Industry
In the U.S. alone, food recalls and foodborne illnesses bear an annual price tag of $77 billion, including discarded products, loss of revenue and healthcare costs. On top of this, the damage caused by a product recall to a company's reputation can be even more devastating and much harder to recover.
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