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Food & Beverage Industry

Serve up a more profitable food and beverage company with the right business management software

Minimise waste to reduce costs and risk, and accelerate compliance.

Do you have the recipe for a highly profitable company?

There's one key ingredient you might be missing—the right business solution.

The food and beverage industry has additional challenges of managing perishable products and navigating strict regulations, not to mention the ever-present danger of recalls and contamination. At times, it can seem overwhelming—that's where you need a business management solution that's built for your industry and its specific needs.

Can you overcome the four major challenges facing the food and beverage industry?

Addressing these challenges will help you figure out if your business is compliant, accountable, ready for recalls, and able to maintain consistent product quality.

Achieve compliance, while managing costs

Keeping up with stringent and changing regulations, especially the Food Safety Modernisation Act (FSMA), can be a headache for many food and beverage businesses  no element of the FSMA will have more impact than the “One Step Forward and One Step Back” traceability requirements. You need to invest in efficient and accurate tracking along your supply chain in order to comply, but this can be costly and time-consuming to implement.

Prepare for possible recalls

According to a study by Ernst & Young prepared for the Grocery Manufacturers Association, 81% of food and beverage businesses see the financial risk from recalls as significant to catastrophic.
Making sure you're prepared for possible recalls isn't just important—it's imperative. So you'll need to invest either time or money in the right technology and in updating your systems and business processes.

Maintain consistency—even as the market changes

At the same time, customers expect consistency even as supply, demand, and the marketplace itself change. It's challenging to stay in control, keep costs down, and retain flexibility for reacting to these changes, but you can overcome it with the right solution.

Satisfy consumer demands for accountability

Thanks to a wider awareness about the impact of waste on the environment, consumers expect food and beverage businesses to become more accountable for their supply chain and operations.
To meet these demands, you'll need more access to real-time data and the ability to transform your company into a more flexible operation. Only then can you
please customers and avoid lost sales.

Control costs and satisfy regulatory obligations with the right business management solution

With the right business management solution, you could all but eliminate waste, effortlessly comply with even the most stringent regulations, and deliver the consistency your customers demand.

Sage Business Cloud Sage X3

Provides faster, more intuitive and tailored business management solutions than conventional ERP for organisations looking to thrive and retain their competitive advantage by increasing their agility and embracing change at speed.

  • A single solution for your managing core business processes including inventory, sales, customer service, finances, and more
  • Collaborate across divisions, countries, multiple sites, languages and legislation
  • Manage financial operations with general ledger, cost accounting, and budgeting
  • Control procurement, cash flow and business purchases
  • Get a complete view of your customers across sales, marketing, customer service and support
  • Ideal for manufacturing, wholesale distribution, and service processes
Go to Sage X3
Sage 300cloud

An end-to-end business management solution that unlocks your company’s potential, reduces costs and improves performance with enhanced business visibility.

  • Intuitive system that gives you a unified view of your business, including personalised KPI dashboards
  • Scalable solution which is highly flexible and configurable to give you freedom of choice
  • Cost-effective with a low total cost of ownership, regardless of complexity, scale or deployment requirements
  • Anytime, anywhere access to transactional data
  • Faster, more informed collaboration and decision making with powerful analysis and reporting capabilities
  • Powerful financial management capabilities and automated businesses processes
Go to Sage 300cloud

How to become a lean and efficient food and beverage company

Discover what a powerful and flexible business management solution can do for you.

Control costs and reduce waste

Waste—both of perishable goods and in terms of process by-products—can be an economic, environmental, and social issue. The right solution will help you gain greater insight into your supply chain, including inventory tracking and product profitability. It will also help you remain accountable to consumers, and protect the environment while remaining lean and efficient.

Inspire consumer confidence with traceability

Recording the identity of any lot-controlled ingredient is essential if you want to meet industry and government regulations for warranties and quality assurance.
The right solution also enables you to assign inventory to meet specific customer needs. What's more, effective scanning and bar-coding will help you track your materials and products.

Save time (and money!) while keeping up with compliance

The right solution should be easy to configure, and it should help you meet the requirements of regulatory bodies. It should also gather and present business data automatically and in the right
way, so you can reduce administrative overheads and help your business meet its obligations.

Gain better visibility over operations in your food and beverage business

You can prepare for possible recalls with a business management solution that gives you total visibility of your operations, comprehensive lot tracking, and detailed, accurate data at any time. If the worst happens, you’ll be able to determine the scope of the recall and prevent contaminated foods from entering the supply chain.

With real time data, actionable reports and simplified vendor on-boarding and invoicing, Sage helps us run our business from end to end.

Caroline Russell, CEO

BOH Tea, Malaysia

Get practical advice for growing your food and beverage business

On Sage Advice, you'll find great articles, advice, and insights that will help you manage your business.

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