Data analytics in the food and beverage supply chain

React faster, plan smarter, and address issues proactively

This is the first of a three-part series on how companies in the food and beverage industry can transform their supply-chain operations.

Companies across most industries are turning to data analytics and artificial intelligence to make better decisions … and more quickly. From order management to production to financial reconciliation, they’re working with “clean,” comprehensive data that’s aggregated, standardized, and robust — all in real time. This move has led organizations to be able to speed up their operations, saving time and money.

Notice though, we said “most” industries. Frankly, the food and beverage industry needs to catch up. To be successful, those companies have to be able to mine massive amounts of disorganized data and turn it into relevant, useful information. A TMS with the right data-visualization tool “surfaces” the information you need in a way that’s easy for any stakeholder to understand and act on. 

Once you understand the power of using data analytics, you’ll wonder how you ever got along without it. Say you’re in the business of delivering meal kits. Every day, you need to source fresh ingredients from different suppliers. Data analytics can help you:

  • Identify late or missing deliveries
  • Electronically document OS&Ds
  • Understand which warehouses and distribution centers keep your reefers waiting for hours in the heat
  • Proactively solve and communicate exceptions
  • Provide instant access to capacity
  • Quickly replace missing ingredients when things don’t go as planned

Shipwell: The recipe for success

Shipwell understands the unique challenges facing today’s food and beverage companies — as well as the challenges you’ll face tomorrow. We help offset industry-wide margin pressures by providing an affordable, cloud-based solution that reduces friction and waste. Our connected shipping platform combines the key ingredients you need to maximize efficiencies and reduce total cost of ownership: the features and functionality of a TMS, advanced visibility, and an integrated partner network.

Download our free white paper, “Shipping for Food & Beverage Companies: A Recipe for Success.”

Are you ready to learn how your company can work smarter, faster, and more efficiently using data analytics?

Check out our other blog posts on the food and beverage industry:

Streamline your food and beverage supply chain with data-driven automation

Quality Control Technology: A critical tool in your food and beverage supply chain