Inventory optimization and transportation management systems lead the list of tools, according to an article in the July Food Logistics. Why inventory optimization and transportation management systems lead the list of tools.
In the face of a multitude of technology choices and a more demanding customer in the food and beverage (f&b) supply chain, two things will make the journey manageable: a clearly defined goal and a good business plan.
Inventory and network optimization tools rank as the most widely used and most likely to deliver a competitive advantage, according to the 2015 Material Handling Institute (MHI) Annual Industry Report, “Supply chain innovation – Making the impossible possible.”
A review of leading f&b supply chain companies indicates many are already embracing these inventory optimization and transportation management. All types of companies in the supply chain are embracing these tools: retailers, wholesalers, manufacturers, 3PLs and transportation service providers.
To read the full article, click HERE.