3 of the Biggest headlines in the food and manufacturing industry in the UK
Food and beverage manufacturing businesses must keep their operations up-to-date to remain competitive in a fierce marketplace. In fact, it’s...Read More
Food and beverage manufacturing businesses must keep their operations up-to-date to remain competitive in a fierce marketplace. In fact, it’s crucial to make use of modern technology solutions such as BI (business intelligence) tools, automated systems and AI (artificial intelligence), in your business or you run the risk of being outsmarted and outplayed by your competition.
Kerridge Commercial Systems (KCS) – a market-leading global provider of software solutions to the retail, wholesale, merchant and distribution markets – has reached an agreement to acquire Lakeview Computers.
Topics: Business Intelligence
Even the most diligent producer is bound to get the cold sweats from a compliance overhaul announcement affecting their industry. Even more so if you’re a start-up with limited experience, a small business with limited staff, or a specialist producer whose processes are a tad more complex than the mainstream.
Mergers and acquisitions (M&As) in the food and drink industry saw a noticeable dip in 2013. The fall, as analysed by Foodmanufacture.co.uk, suggested that firms were concentrating on strengthening their core businesses instead of focusing on acquisitions. We now know that this was only half the story; 2014 is shaping up to be a different picture entirely, with a predicted flurry of mergers and acquisitions as many more large businesses – including private equity firms - seek to boost their equity.
2013 has seen a significant increase in competition within the fastener manufacturing industry, especially from the threat of imports. Customers have increased access to information, while industrial fastening manufacturers have more ways to advertise themselves and reach potential clients through social media, web and mobile. This leads to savvier clients who are more confident in their approach to the buying process.