Food and Beverage Suppliers play a vital role in keeping track of inventories, ensuring that inventory levels are maintained at an acceptable level, and managing distribution and logistics. The main task of a food and beverage distributor is to maintain proper inventory levels to meet the demand of customers, while maintaining competitive prices. The Suppliers in the chain support these efforts by providing both capital and inventory resources. They do this through sales and marketing, as well as direct and indirect support such as purchasing, facility maintenance and service.
The supply chain management of the beverage industry has traditionally focused on raw materials, or production costs. However, changes in government regulations and improved infrastructure and manufacturing process efficiency have changed the way that the supply chain is managed. With government mandates and directives to reduce waste, there has been a shift from a supplier-centric approach to a supplier-obsessed one. This has resulted in increased productivity, a more efficient sourcing environment, and better financial returns. Although improved supply chain management has helped increase profitability over the long term, it has not resulted in lower costs for the suppliers per product.
There are many advantages of working with a supplier-oriented supply chain management system. Among these are fewer interruptions in the supply chain, including missed opportunities for new products, increased profit margins due to quality control of products, and consistency of deliveries. Suppliers also reduce inventory overhead, because they do all of the collecting, storing and shipping of product without being held liable for these activities. By coordinating with beverage companies through the supply chain, suppliers have the ability to address specific challenges in their areas of responsibility.
Finding the right supplier can be challenging for a small business. In an attempt to find the “best of the best,” many small beverage companies rely heavily on third party distribution. The result is a compromised product that may not live up to your expectations. When working with a supplier, the goal is to work with them to provide you the highest quality products at the lowest cost over the long run. By working with your beverage suppliers, you are building a strong relationship and increasing your chances for future sales growth and market share. Working with quality beverage suppliers will lead to significant cost savings over time and will generate positive word-of-mouth advertising that will bring in more business.
You will also want to maintain regular communications with your chosen beverage suppliers. Communicating frequently will help both you and your supplier to remain on the same page regarding product availability, product pricing, delivery times, and customer service. You can expect communication from your chosen supplier to include requests for product samples, invitations to company events, and invitations for news releases or specials. Distributors are experts on the latest promotions and specials so keeping in touch with them regularly will keep you up-to-date on what’s going on within the industry. Ensuring your supply chain remains efficient and profitable will generate positive word-of-mouth advertising that brings you more business.
Your suppliers should work closely with your operations and meet all of your deadlines and requirements. They should be able to accommodate your project needs; however, they should also be willing to work with you regarding special project requirements and deliverables. Finding the best price on everything from equipment to food and beverage products is easier when working with a supplier who is reliable and flexible. When you have a supplier that meets these qualifications, your business will be on its way to achieving the success and financial growth you are looking for.