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Think Tank
Food & Beverage: Page 344
Big Retailer Rolls in SRM Tool to Create Cohesive Online Supplier Community
Challenge: RollStream was selected by the corporate purchasing team at one of the world's largest retailers to help accelerate the rollout of Oracle 11i financials. Although it was a challenge to bring a collection of global suppliers together quickly, a cohesive online suppler community was created within months.
Large Natural Gas Producer Saves $1.7M Annually With "ePayables" System
Challenge: One of the largest natural gas producers in the United States reached the point where it was processing over 10,000 invoices/month for its Piceance Basin field office alone. They were unable to process these invoices within the standard 30-day timeframe for payment. "Between late fees, operational costs and strained vendor relationships, our payment processing operation was costing us money," said the client's Team Leader. "This was a major issue for us because we were assessed late payment penalties, and we were unable to take advantage of valuable early payment discounts. This directly impacted the business's bottom line…"
TMS Spices up Food Ingredient Manufacturer's Operations, Visibility
Challenge: It's hard to manage what you don't know. When our client, a large food ingredient manufacturer sought out our transportation management solution, there was data spread out across multiple facilities and paper freight bills piled high waiting to be processed. Compiling this data into meaningful information was a lengthy and a cumbersome task.
Freight Procurement Company Cuts the Fat on Shipping Costs for Food Manufacturer
Challenge: Your company spends millions of dollars on shipping every year, and you know there has to be a better way to manage it. McLeod Freight Management Solutions (FMS) not only devises a shipping plan that promises to cut your shipping costs by 10-20% annually, it also ensures that those savings are delivered. Our client achieved savings at that level while managing freight procurement for two Fortune 500 food manufacturers.
Parts Manufacturer Launches New S&OP Process - Growth & Cash Flow Soar
Challenge: Key inventory planning personnel retired from a parts manufacturer for heavy duty vehicles, and the resulting experience/knowledge void led to costly inventory mistakes. Because the company's cash was tied up in the wrong inventory, its ability to stock the needed products was limited. Over two years, the company launched a new S&OP process to correct its inventory and cash problems.
Mid-Sized CPG Company Improves Sales, Operations, Customer Service - With One Solution
Challenge: With limited IT resources, multiple ERP systems, and an unprecedented need for greater business visibility, a mid-sized CPG company turned to Silvon for help.
Optimized Planning Tool Transforms Company, Brings 6x Return on Total Investment
Challenge: Like all manufacturers, our client's value chain behaves in a non-linear fashion influenced by supply chain capacities, straight and over-time labor rates, input/output price curves, etc., making it difficult to focus on the most profitable activities and products. Recently, demand volatility, input price fluctuations with contractual discount curves, retailer pressures, and multiple decision points along the value chain increased the difficulty of conducting business using traditional costing and supply planning tools.
Big Data May Be New Buzz Word, But Managing Critically Important Data Isn't
The data explosion: so much to look at, so much to sift through! We are so fascinated with big! Big boats, big cigars and big shoes. But what, really, is big data? What does it mean to your business? And how can you or should you manage it? Although adoption of the buzz word is new, the management of big data is not.
Customer Analytics Help Netflix to Know What Your Tastes Are
Netflix executives John Ciancutti and Todd Yellin are trying to create a video-recommendation system that knows you better than an old friend. It's a critical mission as Netflix faces pressure from its internet video rivals and subscribers still smarting from recent price hikes.
AFS Technologies Debuts 2012 Version of Priya Standard WMS App
AFS Technologies Inc. has released Priya Standard 2012, the company's warehouse management system (WMS) software.
Forecast Is for Stormy Weather: How to Get Out of Cloud, SaaS Contracts
One of the most common mistakes that companies make when they enter into cloud and SaaS contracts is failing to negotiate exits from the contract as fully as they negotiate entries.
Del Monte Foods Puts Its Head in the Cloud
Never mind the naysayers: Del Monte Foods is a big believer in cloud technology. In just three years, the $3.7bn company has placed its entire inbound supply chain in the cloud. The result, according to senior manager of global trade compliance Brian White, has been tighter relationships with suppliers, and greater visibility of product in the pipeline.
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