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Don’t Let Compliance Issues Eat Into Your Profits

Published on: Nov 17, 2014

Food and beverage businesses are subject to many regulations from the Canadian Food Inspection Agency and related environmental, health, and safety acts.  New and changing guidelines and regulations can adversely impact business operations, lead to product recalls, and can put a dent in already slim profit margins.  Gain both insight and control over your business operations and protect your profits by implementing an enterprise resource planning (ERP) solution designed for food and beverage distributors and manufacturers.

Legislation over food and safety practices is constantly changing and some of these more recent changes have facilitated several recalls, pushing the industry to tighten up safety and security practices throughout their supply chains.  You are obligated to keep up with new regulations, make changes needed for compliance, and be able to show proof of that compliance.  Protecting your profits requires greater control over operations, training programs, lot traceability, recordkeeping, and audits to ensure that operations are on the right path.  You can accomplish all this and more with a strong enterprise resource planning (ERP) solution.

Food and beverage businesses can implement a robust ERP solution, such as Sage® ERP, to gain the control and insight needed to manage compliance issues and protect profit margins.  You can manage all of your core business processes from this single, integrated solution including finances, inventory and supply chain, manufacturing and distribution, and other important operations.  Manage labeling requirements and supplier certificates of analysis, comprehensive and multiple-level lot traceability, and automated data collection that is needed for recordkeeping and reporting.  Streamlining data management and recordkeeping for compliance requirements can save valuable time with collecting and analyzing compliance data, as well as support your ability to respond faster to regulatory agencies that may ask for needed data.  A quick response to regulatory agencies shows good faith and reduces lengthy distractions from your day-to-day business responsibilities.  In addition, the faster you can initiate a recall, if one is needed, the better you can control those inevitable costs.

Although the food and beverage industry can be complex and challenging, especially in the face of ever-changing regulations, you can improve productivity and profitability by implementing a strong business management solution.  Contact IWI Consulting Group for more information about using ERP to gain control and insight into compliance activities and protect your bottom line.

By IWI Consulting Group, Sage Authorized Partner in Canada