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Software Functionality Revealed in Detail
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 beverage industry trends

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Business Intelligence (BI)

Business intelligence (BI) and performance management applications enable real-time, interactive access, analysis, and manipulation of mission-critical corporate information. These applications provide users with valuable insights into key operating information to quickly identify business problems and opportunities. Users are able to access and leverage vast amounts of information to analyze relationships and understand trends that ultimately support business decisions. These tools prevent the potential loss of knowledge within the enterprise that results from massive information accumulation that is not readily accessible or in a usable form. It is an umbrella term that ties together other closely related data disciplines including data mining, statistical analysis, forecasting, and decision support. 

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Documents related to » beverage industry trends

Food and Beverage Industry Trends and Issues


Food and beverage manufacturers and distributors supplying major supermarket retailers share many common business challenges. The customers—powerful and demanding supermarkets and retail chains—want products manufactured "to order," with lead times measured in hours rather than days or weeks.

beverage industry trends  and Beverage Industry Trends and Issues Industry Trends and Issues The food and beverage industry is not without significant pressures. Margins are slim, the demand for products unpredictable, and the demand for customers service significant. These challenges become life-or-death business issues when compounded with rapid turnaround time; extremely short shelf life; a constant influx of new, improved, and differently flavored prepared and packaged products; climate- and weather-related threats; and Read More

Dealing with Food Industry Pressures


Small and medium food and beverage companies have the same regulatory requirements as large companies, but with significantly fewer resources with which to address them. Companies need systems that can provide comprehensive traceability information at the touch of a button.

beverage industry trends  on the food and beverage industry have examined the major issues and resulting pressures on food and beverage manufacturers today, and analyzed what these pressures mean to them (and in some cases looked at the actions that could alleviate the conundrum): Food and Beverage Delights Food and Beverage Industry Trends and Issues Margin Squeeze and Globalization in the Food and Beverage Industry Food Safety, Government Regulations, and Brand Protection We''ll turn now to the strategies and accompanying Read More

Food and Beverage Products


The food and beverage products industry is a highly competitive business sector. Players in this industry face increasing regulatory compliance requirements, changing consumer preferences, and a changing industry landscape. In order to achieve precise operations in sales and marketing, product development, supply chain management (SCM), and cost control, food and beverage product manufacturers need to constantly adjust their strategies based on an accurate understanding of market trends, and make optimal use of available resources. Trends that affect food and beverage companies include the following:

beverage industry trends  Products The food and beverage products industry is a highly competitive business sector. Players in this industry face increasing regulatory compliance requirements, changing consumer preferences, and a changing industry landscape. In order to achieve precise operations in sales and marketing, product development, supply chain management (SCM), and cost control, food and beverage product manufacturers need to constantly adjust their strategies based on an accurate understanding of market trends, and Read More

Margin Squeeze and Globalization in the Food and Beverage Industry


In the food and beverage industry, the channel master makes final volume decisions and mostly controls the unit price, with the manufacturer having limited power to increase or maintain prices. The only real variable the manufacturer does control is cost.

beverage industry trends  in the Food and Beverage Industry Fastidious Food Service Channel Many food distributors act as commodity brokers, negotiating annual supply contracts for the major retail chains for a range of food products. Often, these are private-label products sourced from different growers or food processors around the world to guarantee supply year-round. The logistics planning and documentation must be precise if costs are to be kept under control. Furthermore, if the quality is sub-standard and the consignment Read More

User Recommendations for the Food and Beverage Industry


Software systems must be able to handle your business basics. A focus on the details is essential. Look meticulously for the fatal flaws. If you don't select a system that meets your detailed needs, it can be fatal.

beverage industry trends  for the Food and Beverage Industry User Recommendations How can you get help as a prospective enterprise applications user? Well, other companies in your category which have been through an application software implementation have scars that can be valuable. Consultants that have real experience in your specific category should know the issues. Ask the vendors, What makes your product good in our category? Ask enough vendors, and you should gain valuable insight into what the vendor community thinks Read More

mySAP Supplier Relationship Management for the Automotive Industry


In the automotive industry, purchasing has become a critical business component. Some experts estimate that a 4 percent reduction in sourcing costs can add as much to profits as a 10 percent increase in sales. With intense global competition putting constant pressure on vehicle prices, many companies see improved sourcing and procurement as key to increasing margins, profits, and competitiveness.

beverage industry trends  Supplier Relationship Management for the Automotive Industry In the automotive industry, purchasing has become a critical business component. Some experts estimate that a 4 percent reduction in sourcing costs can add as much to profits as a 10 percent increase in sales. With intense global competition putting constant pressure on vehicle prices, many companies see improved sourcing and procurement as key to increasing margins, profits, and competitiveness. Read More

SAP for Automotive-Sales and Services: Industry Overview


In the automotive industry, companies face an ongoing struggle for market share and constant pressure on margins. To differentiate themselves in this competitive environment, many companies focus on sales and service operations, which are key to providing a high-quality customer experience. With that in mind, companies must automate processes and leverage integrated information to increase efficiency throughout the value chain.

beverage industry trends  for Automotive-Sales and Services: Industry Overview In the automotive industry, companies face an ongoing struggle for market share and constant pressure on margins. To differentiate themselves in this competitive environment, many companies focus on sales and service operations, which are key to providing a high-quality customer experience. With that in mind, companies must automate processes and leverage integrated information to increase efficiency throughout the value chain. Read More

Vietnamese Beverage Manufacturer Deploys Acumatica


Beverage manufacturer Tan Hiep Phat (THP) Beverage Group has announced broad improvements in performance, mobility, and real-time decision making as a result of having implemented Acumatica enterprise resource planning (ERP) software. This marks Acumatica's continued expansion in terms of new partners and customers. Founded in 2007, Acumatica, a global provider of cloud-based ERP, is growing fast

beverage industry trends  Beverage Manufacturer Deploys Acumatica Beverage manufacturer Tan Hiep Phat (THP) Beverage Group has announced  broad improvements in performance, mobility, and real-time decision making  as a result of having implemented Acumatica enterprise resource planning (ERP) software.   This marks Acumatica''s continued expansion in terms of new partners and customers. Founded in 2007, Acumatica, a global provider of cloud-based ERP, is growing fast in Asia and expects to see more significant customer Read More

2014 Trends in ERP Convergence


In 2013, we were bombarded with what industry observers were calling big trends in enterprise software: software as a service (SaaS), prevalence of mobile devices, and consumerization of IT. Enterprise resource planning (ERP) was not immune to these trends. In this report, anticipated trends are explored in ERP convergence and goals, challenges, and performance of ERP implementations are investigated.

beverage industry trends  Trends in ERP Convergence In 2013, we were bombarded with what industry observers were calling big trends in enterprise software: software as a service (SaaS), prevalence of mobile devices, and consumerization of IT. Enterprise resource planning (ERP) was not immune to these trends. In this report, anticipated trends are explored in ERP convergence and goals, challenges, and performance of ERP implementations are investigated. Read More

PLM Is An Industry Affair - Or Is It?


The question, 'Do vertical industry needs play a significant role in a PLM software selection?' should be a simple question to answer. Instead, it is a question best answered with a series of questions.

beverage industry trends  extension for a branded beverage. That is not to say that industry templates and expertise are not valuable, as we will discuss below. Who will be using the solution? In answering the original question of industry requirements for PLM, a useful question to ask is what types of people will be using the product? Different roles within an enterprise will typically require (and expect) a different level of industry support. For example, Marketing and Sales personnel looking to enter projected sales volumes Read More

TEC Industry Watch: Enterprise Software News for the Week of August 27, 2012


SOFTWARE SELECTIONSMid-sized refractory products manufacturer selects EnterpriseIQ ERP from IQMS Industry tags: manufacturing "The reasons why Riverside Refractories Inc. decided to replace its existing ERP system aren't unique—the old legacy system's inflexibility and inability to support manufacturing needs in the changing business environment had started impeding the company's operations. The

beverage industry trends  Industry Watch: Enterprise Software News for the Week of August 27, 2012 SOFTWARE SELECTIONS Mid-sized refractory products manufacturer selects EnterpriseIQ ERP from IQMS Industry tags: manufacturing The reasons why Riverside Refractories Inc. decided to replace its existing ERP system aren''t unique—the old legacy system''s inflexibility and inability to support manufacturing needs in the changing business environment had started impeding the company''s operations. The company selected an ERP solution Read More

TEC Industry Watch: Enterprise Software News for the Week of August 13, 2012


SOFTWARE SELECTIONSSwiss investment bank UBS selects cloud-based Oracle’s Fusion Human Capital ManagementIndustry tags: Finance and Banking "With extensive worldwide operations, UBS provides its clients with wealth management, asset management, and investment and (in Switzerland) retail banking. A cloud-based HCM solution indeed can be a good option, technically. Traditionally there have been

beverage industry trends  Industry Watch: Enterprise Software News for the Week of August 13, 2012 SOFTWARE SELECTIONS Swiss investment bank UBS selects cloud-based Oracle’s Fusion Human Capital Management Industry tags: Finance and Banking With extensive worldwide operations, UBS provides its clients with wealth management, asset management, and investment and (in Switzerland) retail banking. A cloud-based HCM solution indeed can be a good option, technically. Traditionally there have been concerns revolving around security Read More

Technical Staff Management Systems for the Aviation Industry


In the airline industry, aircraft maintenance is an activity that has to be done throughout the day, so maintenance personnel must be available at all times. The complexity of the operation increases the need for a maintenance personnel management system.

beverage industry trends  Staff Management Systems for the Aviation Industry Introduction In the airline industry, the every day activities of fleet maintenance can be divided into two large areas: scheduled maintenance (or major maintenance) and line maintenance. In scheduled maintenance, personnel management is not as complicated as in line maintenance. Traditionally, scheduled maintenance has a fixed number of days to perform maintenance activities, while line maintenance only has a few hours at night and often a few Read More

BI for the CPG Industry - Supply Chain Visibility Drives Performance


Many organizations in the consumer packaged goods (CPG) industry are experiencing a trade-off between the benefit of high product volume sales coming at the expense of extreme data complexity. Many CPG organizations are seeking business intelligence (BI) tools to help create supply chain linkages and deliver their products more efficiently. See how BI tools can help business managers better manage fluctuating product demand.

beverage industry trends  for the CPG Industry - Supply Chain Visibility Drives Performance Many organizations in the consumer packaged goods (CPG) industry are experiencing a trade-off between the benefit of high product volume sales coming at the expense of extreme data complexity. Many CPG organizations are seeking business intelligence (BI) tools to help create supply chain linkages and deliver their products more efficiently. See how BI tools can help business managers better manage fluctuating product demand. Read More