Food & Beverage Supply Chain
Prescriptive analytics for unified supply chain planning
Food and beverage supply chain planning requires companies to balance supply with varied demand, while also managing risks and reducing costs. Vanguard Predictive Planning™ provides prescriptive analytics to enable companies to unify plans around optimized inventory forecasting.
Optimization through Collaboration
Commodity price volatility, regulatory disparity, and tightening expiration constraints make it difficult enough to source, produce, and deliver at a profit. Add to that supplier and food safety risk and you see why the Food & Beverage supply chain is so complex.
Indeed, these producers operate the most critical juncture in the food value chain, transforming globally-sourced farm commodities into consumer finished goods. Along the way, they face constant exposure, upstream and downstream, to market volatility and regulatory pressure. They are at the crux of all that can go wrong – and right.
Vanguard Predictive Planning™ for Food & Beverage supply chain planning is a cloud forecasting platform designed to help food & beverage makers collaborate with suppliers and buyers to ensure best-possible product availability, safety, and fulfillment at the highest possible profit. Vanguard applications include demand-supply planning, inventory forecasting optimization, product portfolio optimization, new product planning, Sales and Operations Planning (S&OP), and Integrated Business Planning (IBP). All applications are in-memory and pre-built with multiple tools, methods, and features to automate forecasting while improving accuracy and efficiency for maximum returns.
Food & Beverage supply chain planning with Vanguard supports all types of data synchronization including near real-time point-of-sale (POS) transactions. This enables Vendor Managed Inventory (VMI) collaborations that cut costs out of the supply chain to benefit both you and your vendors. The system’s advanced-analytic modeling and simulation capabilities support omnichannel sales and delivery while ensuring optimal inventory and labor down to the store level. This is key to balancing product breadth and depth for best-net-profit assortment allocations that span thousands of SKUs and, potentially, hundreds of locations.
Leverage Vanguard Software for part, or all, of your S&OP or IBP process: from sales forecasting to supply planning to financial forecasting and budgeting. Vanguard can integrate all of these distinct applications on a single platform designed to unify management estimates, exceptions, and data. The UI integrates seamlessly with your business processes, enabling diverse teams and users to communicate and collaborate. Plus, all changes and updates are dynamic, system-wide. Change your demand plan and see that change reflect instantly in your inventory order schedule – all on the same screen.
Bundaberg Brewed Drinks achieves workflow efficiency and forecast accuracy
Bundaberg Brewed Drinks (BBD) is an Australian family-owned company known for its premium drinks, including Ginger Beer and other non-alcoholic beverages.
Looking to streamline their global process and improve forecast accuracy, BBD chose Vanguard Software’s demand planning solution.
"Vanguard Predictive Planning™ has exceeded our expectations from the start. The implementation project ran smoothly and the system provides real benefit through workflow efficiency and forecast accuracy."