Dissolving the Headache of Food & Drink Packaging
Food and beverage producers are some of the businesses hit the hardest by the UK's complex and constantly changing regulations on packaging waste....Read More
Food and beverage producers are some of the businesses hit the hardest by the UK's complex and constantly changing regulations on packaging waste. Thinking of one of the pivotal items in a British kitchen, a box of tea, it’s not difficult to see why. There’s the tea bag within a paper wrapper, stacked together in a carton package, wrapped in a foil bag, packaged in a cardboard box that, finally, gets covered in cellophane.
In recent months the value of the pound has fallen significantly, and it is not expected to recover for some time. This of course makes life easier for exporters. On the other hand, it creates difficulties for importers of raw materials. Their costs have risen, and there are knock-on effects for wholesalers and distributors who are also on the receiving end of price rises.
The Food Industry is a massive contributor to the UK’s economy, adding almost as much value as the Aerospace and Automotive sectors combined. There are over 6,600 businesses employing over 400,000 people, and 96% of these companies are micro to medium sized.
The year has only begun, and a couple of software providers have already announced their intent to focus more exclusively on enterprise businesses in times ahead. In this environment, fears are growing that smaller producers, start-ups, and specialist food ventures might soon be losing access to business critical ERP software.
Do you know the strain of being tasked with managing a food and beverage warehouse, yet finding yourself tied to your desk most of the time? Good news: Mobile technology such as barcode scanning in combination with apps developed specially for warehouse management, is about to free you from your desktop.
There’s no such thing as a million dollar idea, declares American entrepreneur Aaron Patzer on the topic of the start-up he sold for $170 million (3 years after launch!). He goes on to explain that your greatest business concept, however hungry the market, is useless if you’re unable to execute your idea.
Research by a London-based insurance firm has shown a 78% spike in recalls from 2014 to 2015. The number of cases collectively tallies up to a higher quantity than the fallout of the horsemeat scandal in 2013. Insurance firm, Lockton, says that retailers have begun to demand that suppliers reimburse them for loss of profits, administration fees and marketing spend associated with recalls.
A warehouse management system (WMS) is an essential tool for any food and beverage company. All the same, the operations managers, who work to keep warehouse management systems shipshape, are rarely acknowledged for their impact on customer satisfaction.
Are you embarking on your voyage within the specialist food industry with stars in your eyes? Given the British precedent of numerous fine food producers, achieving £10m turnover within two years of setting up, you have every reason to be optimistic.
The dark side of such renowned success stories is that a much greater number of producers, wholesalers and distributors were eliminated from the competition somewhere along the journey of expansion.
Are you searching for an ERP that ticks all the boxes on your list of everyday operational functions? If you’re in the food and beverage industry, chances are that you’re getting blank stares from generalist providers when mentioning some of your most essential requirements. Sure, a company that manufactures nuts and bolts might not have any need for it, but how are you supposed to produce and distribute food without ‘shelf life’ and ‘best-before-date’ functionality?
If you’re a smaller business, building a solution from scratch is probably out of your league. What now?