-> 100 suppliers
-> 10 ingredients per supplier
-> 10 certification and specification documents per ingredient
That’s 10,000 documents!
And many food manufacturers have far more than 10,000 to manage.
Each document has attributes, such as an expiration date, packaging compliance details, associated finished goods item numbers, test parameters, older versions of the documents, and more.
“If you think of each compliance document as an item in your inventory to stock and keep track of, it’s like having a warehouse with 10 or 20 times the number of items on your shelves as your finished goods items.”
We meet companies that are managing their documents manually in file folders, or using crazy-complicated Excel spreadsheets on their servers. They’re experiencing double data entry, mistakes, missed items, and audit compliance issues.
When they need to answer a question from a customer, auditor or regulator (did you add an allergen and now the label is wrong?), it’s a scramble to find the most current document. It’s costly. And it wastes time.
It’s much better to have one system of record where everything is accurate and true.
If ever there was a business process that can benefit from automation, it’s supply chain compliance for food.
When all your documents are in a central system that shares information with your manufacturing and accounting systems, your regulatory recordkeeping costs plummet and your accuracy is pristine. Even if you have thousands of suppliers and participants, it’s a snap.
If your company manages 100 ingredients or 50 suppliers, or more, it pays off financially to simplify this.
So take a closer look at the potential benefits of automating your supplier compliance data collection into a single, integrated accounting and ERP system.