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Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020

Managing Food and Beverage Manufacturing During a Crisis · 2020-06-04 · Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020. David

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Page 1: Managing Food and Beverage Manufacturing During a Crisis · 2020-06-04 · Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020. David

Managing Food and Beverage Manufacturing During a CrisisPresented by Sage and NexTecJune 4, 2020

Page 2: Managing Food and Beverage Manufacturing During a Crisis · 2020-06-04 · Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020. David

David RumerVP Market Development and Strategic Alliances

Welcome

Jennifer SpanosHead of Vertical Business Solutions

Joe WileyMIS Director

Page 3: Managing Food and Beverage Manufacturing During a Crisis · 2020-06-04 · Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020. David

Agenda

• The changing F&B landscape• Current challenges• Real world story from the field • Adapt and prepare• Q&A

Page 4: Managing Food and Beverage Manufacturing During a Crisis · 2020-06-04 · Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020. David

“Coronavirus will most definitely and substantially cut into the worldwide

manufacturing revenue of $15 trillion currently forecasted for 2020 ”

ABI Research

Page 5: Managing Food and Beverage Manufacturing During a Crisis · 2020-06-04 · Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020. David

• Consumer eating and shopping habits

• Supply chain• Long-term economic disruption• Regulatory easing• Dairy, meat and fresh food

Changing F&B Landscape

Page 6: Managing Food and Beverage Manufacturing During a Crisis · 2020-06-04 · Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020. David

“We had an existing contingency plan but given the uniqueness of the situation, it warranted a more direct

focus than a basic plan. Very early, we launched a cross-functional response team that meets every day.”

-Director, Retail Tea Manufacturer

Page 7: Managing Food and Beverage Manufacturing During a Crisis · 2020-06-04 · Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020. David

• Keeping production on track• Managing shifts in demand• Reacting to supply chain challenges• Keeping employees safe and healthy• Proactive risk analysis• Managing cash flow, financials and

planning• Visibility to accurate, real time data

Current challenges in F&B

Page 8: Managing Food and Beverage Manufacturing During a Crisis · 2020-06-04 · Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020. David

Elmer ChocolateJoe Wiley

Page 9: Managing Food and Beverage Manufacturing During a Crisis · 2020-06-04 · Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020. David

About Elmer Chocolate

• Company Overview• Products• Markets

Page 10: Managing Food and Beverage Manufacturing During a Crisis · 2020-06-04 · Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020. David

• Remote work• Employee safety• Sanitization and deep cleaning• Vendor availability• Training• Packaging supply

Challenges

Page 11: Managing Food and Beverage Manufacturing During a Crisis · 2020-06-04 · Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020. David

• Cleaning • User interface with machines• Material handling• Production changes• Liability (privacy)• Regulation

Solutions

Page 12: Managing Food and Beverage Manufacturing During a Crisis · 2020-06-04 · Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020. David

“Half of food and beverage companies say coronavirus pandemic will make

them stronger.”Mattson

Page 13: Managing Food and Beverage Manufacturing During a Crisis · 2020-06-04 · Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020. David

• Risk mitigation• Streamlined supply chain• Purchasing behavior (ecommerce,

delivery, value)• Appetite for new foods

Looking forward

Page 14: Managing Food and Beverage Manufacturing During a Crisis · 2020-06-04 · Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020. David

Built for Food and Beverage

Engineered for the food and beverage industry, Sage X3 has inbuilt industry-specific capabilities such as recipe management, quality control, regulatory compliance and lot tracking.

Quality Assurance

Compliance & governance

Ingredients & recipe

management

ProductionSystem

Product traceability

Planning & forecasting

Page 15: Managing Food and Beverage Manufacturing During a Crisis · 2020-06-04 · Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020. David

Consultative approach

Proven methodologies with demonstrated expertise

Solution focus vs software

F&B best practices and experience

Leading Sage X3 Partner Largest Sage X3 practice in North America Sage #1 Worldwide Partner in FY18/19

123

456

NexTec knows F&B

Partnership philosophy and customer retention

Page 16: Managing Food and Beverage Manufacturing During a Crisis · 2020-06-04 · Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020. David

Thank you

You will receive a link to the recording and complimentary access to the new Industry study on COVID-19 and the F&B Industry.

Please use the chat function to ask any questions of the panel.

Page 17: Managing Food and Beverage Manufacturing During a Crisis · 2020-06-04 · Managing Food and Beverage Manufacturing During a Crisis Presented by Sage and NexTec June 4, 2020. David

Thank you