How to Improve Supply Chain Management in the Beverage Industry?

1. How How to Improve to Improve Supply Chain Supply Chain Management Management in the in the Beverage Beverage Industry? Industry? Are you facing issues in managing the supply chain, which is impacting the overall growth of your beverage business? Get help from expert beverage consultants from SolutionBuggy who can guide you in improving the supply chain management? Effective supply chain management is crucial in food and beverage industry that deals with products which are perishable. It allows business owners to easily track shipments in the transit, control costs and provide better customer service. The recent coronavirus pandemic has completely disrupted the supply chains in every industry including the food and beverage industry. Managing the disruptions in the supply chain is crucial for food and beverage businesses to remain competitive in today’s market conditions. Here is how you can improve supply chain management, and thereby supply chain visibility to mitigate risks and better serve the customers. Outline Your Objectives Clearly It is very important to clearly define the objectives before attempting to improve the supply chain management and visibility. There will be many advantages with improved supply chain managements; therefore, find out what is the precise advantage that you are willing to count on and how it can help your customers, then move forward with other activities. Make Use of Technology Optimal usage of technology can help to improve visibility in the supply chain and enhance efficiency. Technology allows fast and accurate collection of real-time data by automating monotonous processes in the entire supply chain and provides insights about how the supply chain works. Technology helps to derive actionable insights from the abundant data, which can be used to optimize operations in the supply chain. Train the Workforce Adoption of technology helps to enhance efficiency in the supply chain management; however, it is important to train the employees while considering the implementation of technology. Generally, not many companies pay heed to train the workforce on the usage of technology. Make sure that all your employees are trained up-to-date on technology by providing them all the required training material. Continuously Measure Key Metrics Improving the supply chain management is not a one-time process; rather it is a continuous process. Achieving better visibility with improved supply chain management requires consistent review of key metrics of the supply chain such as perfect order index, cash-to-cash time, supply chain cycle time, fill rate, inventory turnover, on-time shipping rate, etc. However, achieving improved supply chain management by managing disruptions in the supply chain comes with several challenges, which requires domain expertise to solve. Beverage consultants can help businesses address the challenges and improve visibility in the supply chain. If you are a first-generation entrepreneur planning to enter into beverage industry or an existing industry facing supply chain management issues in your business who is looking for expert beverage consultant, then kindly register with SolutionBuggy, India’s thought leader in the

2. manufacturing industry. SolutionBuggy’s expert beverage consultants help you in solving your end- to-end business problems right from market research, product identification and plant set-up to complete product manufacturing, sales, business development and supply chain management. Till date, SolutionBuggy completed more than 350 beverage consulting projects to its clients spread across the country.