Old school mindsets within the leadership team and the supply chain function are stopping the food and beverage (F&B) industry from moving forward, optimising sales, and delivering the customer experience required for a 21st-century shopper.
In this report, commissioned by InterSystems, this is one of many key insights gathered from those at the heart of the industry as we assess the importance of F&B organisations focusing more attention on the first mile of the supply chain.
From the insight and analysis gathered, it's clear new ways of working with data are needed, and the different players making up the F&B industry must align more closely for the greater good of the sector.
Despite supply chain losing its ‘unsexy’ tag of yesteryear, largely thanks to the rise of online retailing and growing consumer awareness about the importance of this element of commerce, it's still often the neglected part of wider operations.
Having lived through Brexit, the pandemic, escalating inflation and a cost-of-living crisis, and a tumultuous geopolitical climate in the last decade, the industry knows only too well the next disruption could only be a matter of days away. With changing market dynamics, and the cost of serving customers continuing to rise, there's a need to take stock — and then take action.
Download the report for insights, advice, and inspiration on how fixing infrastructure and bringing in more data analysis and platforms enhances supply chain efficiency to bring sizeable savings.