ARCUS® SSM allows procurement professionals in the food & beverage industry to streamline strategic sourcing management through a cloud-based solution.
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Food & Beverage
Companies in the food and beverage sector often have long and complex supply chains, meaning that managing these and ensuring compliance throughout the supply base can be a difficult and time-consuming process. By the very nature of their business, food and beverage companies source ingredients, products and services from across the globe to ensure best value and quality to customers. This can result in a substantial amount of administration, including paperwork, telephone calls and emails to suppliers to highlight and verify supply chain risks. Some of these compliance risks include allergens, modern slavery, anti-bribery, sustainability, nutrition, veganism, Halal and Kosher, as well as supplier manufacturing site accreditation and insurance.
Trade Interchange’s ARCUS® supplier management software enables procurement professionals within the food and drink sector to collect and verify large amounts of documentation and certifications to ensure that approved suppliers can deliver the services, ingredient or products requested, whilst complying with government legislation, industry guidelines and company policies at the best market value.
- Automate supplier on-boarding with no re-keying of data required
- Central repository for supplier information at a supplier, manufacturing site and product level
- Bi-directional approval workflows increase efficiency of supplier approvals and management
- Protect brand reputation and manage supplier risk
- Full visibility across sourcing, supplier relationships and products in a single platform
- Integration with key industry systems including recipe management, risk and contract tools
Procurement professionals in the food and beverage industry can streamline and improve the online tendering process through intuitive sourcing software.
Collect, store and manage all supplier information needed by procurement professionals in the food and beverage industry through a streamlined solution.
Efficiently centralise, manage and approve all supplier contract data required by procurement professionals in the food and beverage industry.
Take a look at these resources to find out how ARCUS® supplier management software has benefited procurement professionals in the food & beverage industry.
"ARCUS® SIM has proven to be a key tool in helping our procurement team collect, manage and verify, with confidence, the large volumes of supplier information needed to ensure our suppliers meet our sustainability and ethical purchasing practices."Paul Clutton, Supply Chain & Procurement Director, Costa Coffee
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Costa operates in one of the most challenging areas in the food and beverage industry for supplier selection. Costa uses ARCUS® SIM to help the procurement team to fully assess the large numbers of documents per supplier required to confidently approve suppliers.
ARCUS® SIM provides a central repository and features a full audit trail of the actions, enabling Costa to evidence their suppliers’ sustainable and ethical credentials, including the provision of modern slavery, child labour prevention and anti-bribery policies. Industry-specific certifications such as SEDEX, and soy and palm oil sustainability credentials, amongst others, are also collected.
To ensure suppliers remain compliant, Costa utilises automated reminders and escalation workflows to ensure that certifications and policies all remain in date and valid.