<img src="https://secure.leadforensics.com/133892.png" alt="" style="display:none;">

With today’s consumers looking for more healthy, nutritious and sustainable alternatives to the foods they traditionally buy, businesses are looking at innovative ways to develop their products.

But food product development isn’t just about generating creative ideas – you also need the right ERP solution to manage the process. As a food business, a standard ERP system will enhance your data visibility and boost overall efficiency but it won’t cater for your specific needs. That’s why you need a specialist ERP solution that’s built with this in mind.

Let’s take a look at the key features of an industry-specific ERP…

Enhanced inventory visibility

Standard ERP systems aren’t equipped to deal with the unpredictability and sometimes short shelf lives of food inventory. Invest in a food-specific solution and benefit from improved visibility of available stock, current demand and what’s coming in to help improve inventory holding.

Get enhanced information at the item level to include attributes, secondary units of measure and quality specifications. Plus, create a more accurate inventory valuation by applying “on-costs” and/or “landed costs”.

Better pricing and costs management

It’s becoming increasingly critical to fully understand freight costs, regulatory costs and the true landed cost of raw materials in the supply chain. This is to ensure any new products meet profitability expectations when they’re released.

The right ERP system will factor in additional charges and help you understand the cost impact during the product introduction process. You’ll be able to create, manage and publish pricing, as well as:

  • Track changes to pricing
  • Understand how those prices are determined
  • Define what the margin expectations are
  • Determine any contractual limits that might impact this

Key information can be accessed by the relevant departments early on during the development process. From there, the necessary actions can be taken given the model being used will reflect the latest market developments.

Analyse data

Take advantage of accessible data for analysis to run cost analysis on customers, products and sort fast-moving products by customer type. These help you manage cash flow and handle the risk of investing too much stock versus making sure you can meet customer demand.


Report on predicted and actual sales revenue alongside the cost of development with a food-specific ERP. With Aptean Food and Beverage ERP, you’ll gain access to over 100 standard reports all available on demand which can be extended further with Power BI delivering dashboard inside your ERP.

Food product development

Strict Lot control

While many standard ERP systems will support Lot numbering, it’s not a main component of the solution.

A food-specific ERP will be designed to apply strict Lot control throughout the goods in to goods out process (and returns/recalls). You’ll also get enhanced information on origin, residency times, allergens and be able to monitor expiry dates.

Boost quality control

Benefit from quality control checks across various measures during the goods in process, depending on the type of food (i.e. colour, freshness, temperature, etc).

The overall results of quality control determine whether goods can be accepted. It’s often very simple and there’s also the nuance that considers end purpose, so goods may be graded as a result of quality control.

Easily deal with rebate and promo management

A generic ERP system isn’t designed to deal with the added complexities of rebates and promotions (also known as sales commission) when buying and selling food.

The price is the price but you also need to accrue based on units sold and depending on the valid rebate or promo. This creates accruals followed by the actual payments and how these are to be managed. For many, this can create a nightmare of spreadsheet – but not for a specialist food ERP system.

Customer insights

Gain a 360-degree view of your customers with data insights such as sales history, pricing and satisfaction (i.e. complaints, debtor days, returns and on-time delivery). This helps support your customer service and provides insights into customer profitability and further sales opportunities.

Food product development

Improved warehouse efficiencies

Most ERP systems (food or non-food) come with a built-in WMS (warehouse management system) and will cover the functionality needed. However, foodstuff have extra husbandry needs during storage which can cause problems for generic ERP systems.

For example, food products require continual quality checks to monitor desired/undesired changes in condition and can even change item code whilst in storage (think of unripe fruit turning to ripe fruit). Aptean Food and Beverage ERP will improve your stock management and support technologies like bar-code readers.

Ensure food product development success by aligning your innovation ambitions

Investing in a specialist solution can support your food product development efforts by allowing you to continually assess costs, pricing and profitability. Recipe updates can also be managed and the flow of trial materials controlled so they’re not sold until all relevant approvals have been made.

To ensure the success of your food product development ideas, you need to align your innovation ambitions with your overall company strategy.

Our complete guide to innovating your food business explains everything you need to know from the signs your business strategies need a revamp to the importance of gaining your team’s buy-in.

Download it below.

The complete guide to innovating your food business


Discuss this post

Recommended posts

Quality is about meeting/exceeding your customer expectations every time they buy your product or service. But rising food prices due to global crisis such as the 2020/21 pandemic has placed added pressure on margins, meaning businesses are limited on how much they can spend on improving quality control. That’s why you need to prioritise effectively, so you can make the biggest impact with your expenditure on high quality.
Pressures from production, demand, regulations and more informed consumers are forcing food companies to modernise their business processes.
An ERP system is a powerful tool that combines sales, finance, resources, people and processes into one central location. It connects your departments in real-time, allowing you to make more informed business decisions and increases efficiency at all levels.
Today’s rapidly evolving digital landscape is constantly changing the behaviour and expectations of consumers. The digital era has also created a seemingly endless number of channels you can market your products to potential customers.  But without a clear plan of who you’re targeting, what you’re offering and what your business goals are, you’ll fall by the wayside. So, to succeed in the modern world, you need to know how to build a digital strategy to ensure your efforts have maximum impact.  Let’s dig deeper…  Understand what your customers want  There’s no point driving traffic to your website if all you’re going to get is a pile of spam in your inbox. Gathering customer data isn’t new. But knowing where to start when it comes to pulling this data from your CRM (customer relationship management) system, or knowing what to capture in the first place can be a daunting task.  Here are our top targeting options to use for a strategy:  Attributes – these include age, location, gender, technology preferences, etc  Value – by understanding your customers’ lifetime value, you can segment them into areas like returning buyers/one-time buyers and target them with different methods  Behaviour – e.g. what’s their preferred buying method? There are several tools that allow you access to this information such as Google Tag Manager  Channels – Find out what parts of the funnel are touching your customers. Don’t just look at the last click attribution model – analyse every step to determine which channels to focus on for each segment  Once you’ve gained a better understanding of who you’re talking to, you can start creating buyer personas which are profiles that represent your ideal customers. This allows you to tailor your marketing efforts to engage with your target audience and meet the needs of your customers. 
Today’s consumer wants quick satisfaction and constant connectedness, which is making it increasingly difficult to hold their attention. So, like you, we’re always looking at better ways to get our value proposition message across to our customers. This blog contains tips we’re currently implementing into our business and we hope they can help inspire you too.
right-arrow share search phone phone-filled menu filter envelope envelope-filled close checkmark caret-down arrow-up arrow-right arrow-left arrow-down