Consumers today are more health-conscious and their food purchases are determined more by nutritional value, packaging, and longevity. They want to know what is in the food they buy creating an increased demand for transparency in labeling and food safety which raises the costs significantly for vendors, manufacturers, and anyone involved in the food and beverage industry. With an increased demand for transparency, blockchain technology is gaining popularity as a method for tracking information and meeting the requirements for compliance with food safety regulations.
Softengine has developed a robust and highly configurable SAP software extension that is designed expressly for food and beverage based businesses — SAP Business One — Food One. Building upon SAP Business One’s industry-leading ERP solution for small-midsize and fast-growing companies, the Food One extension delivers unbeatable inventory control, warehouse management, lot traceability, recall functionality and so much more.
Several trends impose new challenges on food manufacturers: global food regulations, demanding customers who ask for sustainable products, the trend of functional foods, new requirements for labeling and traceability, and much more.
How Much Does an SAP Business One Implementation Cost?
Consumers Want To Know Where Their Food Is Coming From
Food One solves a lot of the issues that lead to lost revenue due to food spoilage from a mismatched supply and demand. Having a way to track consumer buying habits and use agricultural data to predict the freshness of the product and an adequate supply to meet consumer demands is an invaluable tool for the food industry. It means less food loss caused by oversupply and decreased demands due to current events, seasonal changes, and other factors.
How can Food One Work?
Track certain food products to ensure that they are fresh, stored properly, and will arrive well before their expiry dates to meet the current demand for that item? Predict the consumer demand and order enough to meet that demand without overbuying and ensure the freshness and sustainability of each product. Food One provides a fixed record of product information and doesn’t allow for vendors to manipulate freshness dates and this record is available for public view by interested consumers.
HOW DOES SAP BUSINESS ONE AUTOMATE SUPPLY CHAIN?
SAP Business One is an integrated business management software that allows manager and staff to track lot numbers and sell-by dates, as well as generate reports of each customer transaction, manage expiration dates, and create a record of these transactions for a future date in case of an audit or required product recall.
It keeps track automatically of what products were sold to consumers and where they were purchased. This type of Food Industry ERP (Enterprise Resource Planning) improves quality control, compliance, and inventory management. It can also be used to generate accurate records of sales, revenues, and more.
Consumers Are Eating More Healthy
Consumer preferences change frequently. Meal-replacements are popular with people looking for a way to get their nutrition on-the-go. Foods that are packaged for convenience and packed with nutrients are in high demand. More consumers are seeking foods and supplements that have anti-inflammatory and anti-anxiety properties such as those containing CBD or cannabidiol-infused foods. Another area of interest with consumers is for more plant-based nutrition. Meat-alternatives for chicken nuggets, hot dogs, and burgers, as well as dairy substitutes sourced from almonds, cashews, soybeans, and coconut are in-demand by younger consumers who want a healthier lifestyle but with the same type of foods they grew up with.
HOW SAP BUSINESS ONE IMPROVES CUSTOMER LOYALTY
The SAP Business One CRM tool helps businesses track customer interactions, order history, and current promotions to increase customer loyalty and increase the opportunities for that customer to refer others based on the availability and freshness of products. Maintaining a list of customers with their buying preferences enables companies to better serve their customers. The food manufacturing accounting software, Softengine Food One, offers business optimization, automation, and includes live account management.
Simplify Many Processes Through Automation
Many factors affect the costs involved in food and beverage manufacturing. The issues driving the cost of production involve warehouse availability for storage and supply management, truck driver shortage for on-time product delivery, and marketplace uncertainty. Consumers absorb these costs in the form of higher retail pricing which forces companies to look for alternatives to help control costs.
AUTOMATION WITH SAP BUSINESS ONE
SAP Business One enables companies to better ensure food safety, comply with industry standards, and simplify many processes through automation. Effective warehouse management, inventory control, and accounting features are built in to help food and beverage companies deliver high-quality products, less waste, and grow business.
The processes with the SAP Business One CMS tool increase the efficiency of workflow and management functions with user-programmable alerts to automate tracking, quality control, and analytic reporting for transparency and works seamlessly with Microsoft Office Suite. Your managers and staff can have improved communication and productivity creating a complete solution to some of these business-related issues. Automation through SAP Business One improves business processes, production, and functionality at a manageable cost. You can trace specific batch information, related documentation, and retrieve those records within seconds.