Data Management in Food & Beverage: Connecting Your Suppliers
Few industries are as dependent upon their supply chains as food and beverage manufacturers. Delivering good quality food in time to consumers requires all stakeholders in a food and beverage supply chain to be connected. In order to comply with regulations, guidelines and consumer expectations, a lot of data needs to be gathered and stored in order to gain insights into the supply chain. Companies approach this in a number of ways, including keeping paper-based records, maintaining details in Excel or even using fully-blown ERP systems to store data. However, many such solutions store data at best just one-up/one-down in the supply chain, without providing insights across the whole supply chain.
A specialized online platform is needed which integrates data from stakeholders across the whole supply chain, allowing data to be shared when necessary and analysed as a whole.
Advanced mapping and business intelligence software allows you to visualize the supply chain and turn gathered data into actionable information. For each individual stakeholder, data such as yield, quality, water usage, carbon footprint, pesticide usage and other quality or environmental related KPIs can be recorded. Data management in food & beverage supply chains is key to creating insight and improving the triple bottom line.
In a recent webinar, KPMG and ChainPoint detailed the four main reasons for creating sustainable supply chains, combined with a practical example of mapping a supply chain and registering key metrics for all stakeholders using ChainPoint’s software platform. One of the unique advantages of using an online solution is its connectivity with other systems, offering multiple ways of gathering data, including using mobile apps with offline and online data capture technology.
To watch a recording of the webinar, please use the following link: http://info.chainpoint.com/request-recording