NetSuite Food and Beverage ERP

5 Business Trends for the Food & Beverage Industry

Trend #1: Sustainability & Eco-Friendly Packaging
Biodegradable and compostable materials are top of mind as consumers are becoming more aware of the environmental impact of their food choices. Products that are sustainable, eco-friendly, locally sourced or produced continue to rise in popularity and demand.

Trend #2: Functional Foods & Beverages
Consumers are focused more than ever on products that offer functional health benefits to fuel their body. Popular products include gut health, immune support, stress reduction and include products like probiotics, CBD infusion and adaptogens. 

Trend #3: Plant-based & Alternative Proteins
The industry is shifting towards plant-based and alternative proteins, as consumers continue to increase their interest on becoming more health-conscious with plant-based meat substitutes, dairy-free and vegan products.

Trend #4: Food Customization & Personalization:
2023 consumers are moving towards individual preferences with build-your-own meals, customizable snack packs, and personalized nutrition plans.

Trend #5: On-The-Go Convenience
As we all tend to become busier and busier over the years, portable snacks and on-the-go meals continue to be the norm. This includes products like meal replacement shakes, protein bars, and single-serve items.

Thousands of Food and Beverage customers worldwide are transforming their business with NetSuite’s modern, omnichannel-ready, cloud management software. NetSuite has a deep understanding of the challenges businesses face to support businesses like yours. If you want to grow your company with the ever-evolving food industry, you need the right business tools.

NetSuite Food & Beverage Features

Order Management:
Take orders with confidence insuring the right price, best location and correct product to fit service level commitments. Lower inventory holding costs, speed up the order-to-cash process, and enable omnichannel operations by connecting sales, finance, order fulfillment to pricing, returns management and order management.

Supply Chain Management:
Gain visibility of your supply chain, streamline operations, understand bottom line costs, increase efficiencies, and maintain inventory across your entire business.

Streamlined Sales:
NetSuite offers a 360-degree omnichannel view of customer and inventory information to fulfill orders, drive efficiency, increase sales, connect with customers to provide a positive shopping experience.

CRM, Promotions & Marketing:
Gain a real-time view of customer communication, performance and incentives across all channels of the business, keeping customers coming back for more.

Planning and Scheduling:
Effectively manage your business ensuring maximum profitability and customer satisfaction levels. Naturally balance resources, optimize inventory, manage vendors, gain visibility with purchases and deliver the best delivery and price.

Product Data Management:
NetSuite supports the product-based business with large capabilities to maintain all data you need to run your business: vendors, customers, partners, and items. Spend less time answering questions of status, revisions, and design, and connect departments with a system designed for self-service answers and status across the organization.

Quality Management:
Carry the highest quality products with the lowest overhead. Easily set up inspection plans, track results, and evaluate vendors to ensure the best quality products on the market.

Shop Floor Control:
Quickly and accurately receive information from the manufacturing process with real-time updates and communication on NetSuite’s shop floor application or traditional barcoding.

Inventory Management:
Achieve perfect product assortment and eliminate inventory silos between channels. Free up cash flow and prevent stock-outs with a unified instance of inventory data.

Production Control:
Gain real time visibility into every step of the production process for better informed decisions with NetSuite’s end-to-end manufacturing solution.

WMS:
Take control of your warehouse with NetSuite WMS. With industry-leading features such as mobile RF barcode scanning, wave planning, cartonization, kitting, and space management, NetSuite WMS increases efficiency, improves operational excellence, and lowers cost for warehouses of any size and complexity.

Transform Your Food and Beverage Business With NetSuite ERP

Protelo provides Food and Beverage companies with a single source of expertise to implement, customize, integrate, and refine your back-end operations.

With decades of business-process expertise and extensive product knowledge under our belt, our consultants provide a single source of expertise to implement, customize, integrate, and refine your back-end operations. Protelo’s top-tier NetSuite experts have helped hundreds of companies harness the power of NetSuite.

At Protelo, we help businesses select, customize, and implement software to run their organization on one, integrated, cloud-based platform. NetSuite is the best-selling cloud-based ERP worldwide. It is an integrated suite of applications, built from the ground up for the cloud using a single data model.

Have Questions? Would you like a free trial or a demo? To learn more contact our team of NetSuite experts today!
We are here to make your business even better.