Epicor: 10 trends transforming food and beverage manufacturers
With customers demanding fresher food with a smaller carbon footprint, it’s important to adapt and limit the distance food travels by sourcing local ingredients.
Consumers are caring for the environment by reducing single-use straws, water bottles and takeaway coffee cups. Epicor recommends that sustainable product packaging is used to minimize waste.
With animal welfare concerns causing people to limit their meat and dairy intakes in their diets, there is an importance to use gentler meat and dairy production practices.
With over 10mn tonnes of food wasted in the UK annually, it is becoming essential to companies that there is clearer product labelling and food wastage is tracked.
- Largest software companies: Epicor
- Epicor launches newest version of flagship Epicor ERP software
- Epicor’s Prophet 21 increases Jergens’ Productivity by 30%
- Read the latest issue of Supply Chain Digital here!
Educating shoppers on the necessary steps to assure safety and quality in the ethical status and traceability of their food is key.
Through the use of social media, celebrities and influencers can create a demand for products overnight. This means that staying on top of the latest trends and monitoring your supply chain is critical in case ingredients accelerates in popularity.
UK sales of food free from ingredients such as dairy, nuts and gluten rose by £230mn ($295mn) in 2017. It is advised that special diets are created to make it easier for customers. Epicor also recommends that free-from options are clearly marked and production lines are free from cross-contamination.
Diets such as keto and paleo created new markets for innovative products such as protein balls. It is recommended to source natural, local and diet-friendly ingredients for products. It is worth keeping an eye on food substitutions that could affect businesses’ supply chains.
By observing what is popular worldwide, it could be worth trialling new flavours from around the world and adding them to recipes.
Offer pre-made meals that helps shoppers to quickly prepare a healthy meal. With people working longer hours and having less time to cook, consumers are in need of quicker options.
For more information on all topics for Procurement, Supply Chain & Logistics - please take a look at the latest edition of Supply Chain Digital magazine.
5 minutes with: Ivalua’s Sundar Kamak
Who are you?
My name is Sundar Kamak, I’m Head of Manufacturing Solutions at Ivalua. I’ve been with the company for around two years now, and I’m responsible for our industry solutions and our pre-sales team. Before joining Ivalua I spent almost 20 years in the source-to-pay procurement space, working for a number of providers. But I got my career started in manufacturing and supply chain, specifically in automotive and aerospace.
And what is currently taking up the majority of your professional time?
The last year I've been focused in helping organisations put together a digital transformation strategy, especially manufacturing companies, so they can continue to address some of the challenges they face due to the COVID pandemic.
The traditional approach of engineers designing their latest product then procurement going off to source no longer works
What are the biggest challenges facing your corner of supply chain?
We have a lot of clients coming from different backgrounds - aerospace, high-tech, automotive - and they’re feeling the pressure and the crunch. There’s a lack of product, lack of material availability, lack of resources, labour shortages. So, I work with the leadership in these organisations, try to understand what problems they're looking to solve and come back with Ivalua solutions that can help them address some of these challenges.
Where do the biggest opportunities lie?
If we look at manufacturing, it all comes back to procurement and supply chain being involved sooner in the process. The traditional approach of engineers designing their latest product then procurement going off to source no longer works. It’s important to treat suppliers like partners, which means you build trust, so they can participate very early on in the product design and product development process. It’s not done consistently in the manufacturing sector, but it will be key.