Oracle NetSuite Whitepapers

While software startups have overwhelmed Silicon Valley, what many don’t realize is that a different industry is on the rise—food and beverage. As the global economy continues to grow and technology continues to advance, growing food and beverage companies are finding themselves more equipped and better positioned than ever to prosper.

For food and beverage manufacturers, running a successful business demands constant innovation to meet changing customer tastes, and technology that can enable and adapt to that innovation. Far too often however, companies are forced to dedicate crucial personnel to IT and managing multiple disparate systems instead of driving the business and creating new, exciting products for their consumers. To effectively compete in a highly saturated space, food and beverage manufacturers need a reliable, integrated and easy-to-use ERP system.

With the right inventory management solution in place, brands can flex and adapt quickly regardless of market conditions, challenges or changing business models. During the startup phase, brands focus on launching their businesses, building market share and creating sustainable business models. Setting up shop, establishing physical or virtual locations, staffing up, choosing product lines, and finding customers are all top of mind during this stage, and rightfully so.

To drive client satisfaction and business innovation, media and publishing companies need to make sure they have the right business systems in place to achieve success.

NEW DEMANDS, NEW PRESSURES

Today’s consumers expect access to content whenever and however they want: in print, on the web, on smartphones and on tablets. Media and publishing companies are under extreme pressure to meet this demand cost-effectively. Faced with diminishing revenues from traditional advertising and subscriptions, publishers know that they can’t afford to invest in money-losing mediums or properties. They must find new ways to drive revenue from emerging content channels. These pressures are reshaping the organizational structures of media and publishing firms.