Supply Chain Optimization and Best Practices

Operators around the world are facing supply chain issues such as inventory placement, manufacturing costs, and transportation and distribution costs. In order to improve efficiency and increase profitability across the industry, the International Foodservice Manufacturers Association (IFMA) created the Supply Chain Optimization Committee (SCO). Stemming from best practices developed by IFMA, the Supply Chain Optimization Committee is a way for chain operators, manufacturers, and distributors to collaborate and share the challenges they are facing, the solutions they have come up with– as well as data they have analyzed. The group also addresses the critical issues of stakeholders. The SCO committee is made up of a couple different sectors. The Development board consists of chain operators, manufacturers and distributors. Other companies like Datassential and Havi (and of course IFMA) offer assistance behind the scenes with data analytics and supply chain services.