Food and beverage companies do business in a complex, global supply chain. When it comes to the need to consume fresh, accurate business reports to fuel management level decisions, or to share data with stakeholders in a supply chain, there’s no shortage of solutions. In the 21st century there is an abundance of food business technology to choose from. The principle challenge is no longer a lack of available software or technologies to manage inventory and trace products throughout one’s supply chain. Instead, it’s finding the right technology solution to reconciling the business data obtained by these systems for a single version of the truth while positioning your company to leverage future industry trends.
When Early Success Is Stunted by Growth Challenges.Software and business process that can’t easily communicate with each other in a common challenge. In the short run, many businesses use manual data integration to keep their business running. This means that information passes from one system to the next using paper forms and printouts while employees manually rekey information into the next system; be it closing inventory for the day into an accounting system, or customer orders sent to fulfillment.
Take for instance Vision33 customer Intermex Foods, a wholesaler of pasta and cookie products. The company, like many small to midsized enterprises (SMEs) was facing fast-growth. So much so, that they couldn’t come up for air to assess how the business technologies they were using were actually limiting the company from measuring performance.
Lorenza Macilko, General Manager at Intermex Foods, says, “It got to the point where I was just accepting everything that came in. I spent so much time doing the day-to-day operational tasks that I did not have time to really dive into where we were losing money. Using manual business management tools including a combination of QuickBooks, Microsoft Excel spreadsheets and binders made it harder to manage data and stay on top of daily operations as orders increased. That’s when Vision33 first partnered with company.”