Supply chain management is fraught with challenges; globalization, fast-changing markets as well as quality and compliance.
Globalization presents itself with several challenges. In a bid to reduce costs, businesses are moving their manufacturing operations to countries which offer lower labour costs and reduced taxes. Outsourcing operations not only extends the production process but the procurement network, which has substantial complications for the supply chain. As businesses expand into global markets there's a risk of losing control, visibility, and management over inventory, especially if applications are not integrated.
Consumer behaviour has changed dramatically over the years. Due to changing habits, products now have a much shorter shelf life, and the need for new products is far greater than it has ever been. Pair this with the prevalence of social media and consumer expectations of product quality is sky-high. Constant innovation presents a challenge in itself, whilst trying to forecast, minimise costs, adhere to quality as well as local and international compliance.
At the core of all these supply chain challenges is the need for better data management and integration. Explore how Edenhouse can get you up and running faster with the latest SAP technology and support the future growth of your business to create an Intelligent Enterprise.
Run towards GS1 labelling standards, not away from it
There is growing regulatory pressure on supply chains to ensure food safety and rapid incident response, such as the FDA’s Food Safety Modernization Act (FSMA) which sets a minimal recall standard of four hours. Learn more on why you should be running towards GS1 labelling standards and not away from it.
Product Traceability: The Differentiator
Product traceability is not just a matter of public health and food safety, it should be embraced positively and proactively as a risk management tool. By providing visibility into the supply chain, it helps companies plan and prepare for an emergency situation and respond swiftly if something goes wrong.
Reducing food waste
A sizeable proportion of losses is incurred by retailers, whether through inappropriate quality control, overstocking or inaccurate forecasting. But in supply chains for perishable products, all partners should share the responsibility for minimising losses and getting high-quality products to the end consumer.
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Explore how other businesses have benefited from working with Edenhouse to gain insight and value from their SAP investments, to help creating an Intelligent Enterprise.
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