Deep research studies. Open Content research. We bring you insights first. At Supply Chain Insights we write research to help supply chain leaders maximize value in their journey for supply chain excellence. This month we're sharing "Supply Chain Metrics That Matter: A Focus on Food and Beverage Companies" and "Improving Supplier Reliability." The Supply Chain Metrics That Matter report details the path supply chains have taken in the pursuit of becoming more aligned, faster, more agile and proactive, and how the path has led them to be more controlled and global with much room for improvement. Our report "Improving Supplier Reliability" is an in-depth look at how companies are structuring relationships with suppliers to ensure accountability, reliability, and cost control across their operations.
In Search of Supply Chain Excellence
Food and beverage supply chains serve local markets. Regional tastebuds drive localized assortment. While many are attempting to be global, they have strong regional governance drivers. As a result, growth agendas drove an increase in items by 32% since 2010. Product complexity grew faster than growth. Average sales per item dropped 22%. This increase in complexity lengthened the long tail of the supply chain affecting both cost and inventory.
This environment has had an enormous impact on the food and beverage industry, and the market has changed in the last year. In this report we review performance of food and beverage companies, trends impacting the market, and recommendations for companies in the space.
Improving Supplier Reliability
In this report, we share the current state of supplier development programs. Contrast how they are different than supplier diversity programs, share insight on why supplier development is important, and create a plan with suppliers to ensure accountability, reliability, and cost control.
We also share insights on change management issues and provide recommendations to implement a successful supplier development program.