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Departments: Leverage the Power of Information
The proliferation of new information technologies has brought numerous benefits to the food processing industry, including improvements in overall productivity and efficiency. At the same time, the industry continues to experience major lapses in safety and quality, magnified in recent months by several highly publicized product recalls.
Departments: A Nice Match
In the early 1990s, manufacturing execution systems (MES) were touted as the panacea for shop floor management problems, promising to do away with “islands of automation” and to seamlessly connect the plant floor with enterprise systems. Unfortunately, the early MESs were too vertical in scope. There was an MES for silicon wafer assembly, one for chemicals, another for packaging, and so on, with dozens of companies specializing in finely honed products for vertical applications. This...
Departments: Don't Let Food Cost Eat Up Bottom Line Profits
Food costs are the most significant driver of restaurant business profitability. For a typical restaurant chain, a million dollar reduction in food costs has the same impact on the bottom line as a $25 million increase in same store sales or opening 22 new stores. When a small change in this key input can lead to a magnified impact on the bottom line, costs must be managed aggressively - particularly in today’s inflationary and competitive environment.