Food & Beverage
Commodity price volatility, regulatory disparity, and tightening expiration constraints make it hard enough to source, produce, and deliver at a profit. Add to that supplier and food safety risk and you’ve got a day in the life at Food & Beverage Inc.
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 down, to market volatility and regulatory pressure. They are at the crux of all that can go wrong, and right.
Upstream visibility, downstream signal awareness
Vanguard IBP for Food & Beverage is a cloud forecasting and planning 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 IBP applications include demand-supply planning, inventory 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.
Advanced analytic forecasting and planning
Vanguard IBP for Food & Beverage 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 omni-channel sales and delivery while ensuring optimal inventory and labor — down to the store level. All of 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 – on the same screen.