Food for Thought!
Having it's fast paced, competitive, and changing environment now is the time for food and beverage companies to embrace big data, incorporate analytics, and optimize decisions.
Business KPIs of CEO
Business KPIs show the overall operational effectiveness of your F&B Manufacturing unit. These KPIs help to spot issues across all areas of operational activity.
The global food and beverage industry have to comply with stringent food safety regulations, continually evolving consumers, increased competition, thin margins, and much more such challenges.
ComTec's data driven solutions uses predictive analytics and prescriptive analytics to support companies with critical decision making features in the areas of pricing, product promotion, and demand forecasting. Benefits provided by our services include improved product innovation, sales effectiveness, and margins and profitability levels, improved customer reach, increased marketing ROI, and better customer satisfaction and loyalty.
Operational KPIs – Equipment Efficiency
Equipment efficiency is very critical for Food and Beverages manufacturers as it keeps the cost of production low maintaining the balance between demand and supply. Food and Beverage manufacturing establishments have special equipment (e. g., freezers, refrigerated display cases, refrigerators) storing food and beverage goods. Optimizing these can bring a lot of difference in margins and quality of output.
Supply Chain KPIs
With growing customer demands specific to product quality, increasing online shopping behavior, and diminishing margins, optimization of supply chain and operations is gaining significance among manufacturer.
ComTec's Food & Beverage analysis solutions are aimed at deploying real-time analytics solutions for improved visibility and coordination throughout the supply chain and enabling seamless integration between multi-channel supply chains to assist in sales through traditional and online channels.
The cost associated with transportation of manufactured goods from Company warehouse to the clients’ location can have a direct impact on the profitability. KPI’s like ratio of delivery cost to the company revenue indicates the how well the Logistics are optimized.
ComTec's analytics solution enables you to discover the gaps in your logistics and optimize it. Benefits of our solutions can help you reduce cost, damages during transit and improve your profits
Sales Force Management KPIs
Worldwide, there has been a surge in the need for innovation in sales and marketing strategies to attract, retain, and achieve profitable relationships with customers. As a result, many F&B companies across the globe have begun developing targeted and contextual, customer centric product offers and discounts, and implementing specific customer level sales and marketing strategies for improved ROI.
ComTec's Food & Beverage solutions help businesses in the aggregation and structuring of sales and marketing data across all sources, internal and external, to derive insights on campaign performance and marketing strategies.
Suppliers Management KPIs
Suppliers play a vital role in the success of a Food and Beverage manufacturer. Insights related to suppliers with respect to a specific product, items returned, quality, the time taken to supply can help in choosing the right supplier and bringing efficiency to all business processes.
We provide solutions for complex business problems