food industry Archives - InsideSAP Asia https://insidesap.asia/tag/food-industry/ The independent resource for SAP professionals in Asia Thu, 25 Aug 2016 16:02:10 +0000 en-US hourly 1 https://insidesap.asia/wp-content/uploads/2020/01/cropped-InsideSAP-Asia-logo-SQUARE-32x32.png food industry Archives - InsideSAP Asia https://insidesap.asia/tag/food-industry/ 32 32 SAP invests in digitisation of taste https://insidesap.asia/sap-invests-in-digitisation-of-taste/ Thu, 25 Aug 2016 15:36:42 +0000 https://insidesap.asia/?p=6013 SAP has made a strategic investment in Vivanda, a provider of a data-driven, context-sensitive personalisation platform for the food and beverage industry.

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SAP has made a strategic investment in Vivanda, a provider of a data-driven, context-sensitive personalisation platform for the food and beverage industry.

The core of Vivanda’s business is an API-enabled, predictive food personalisation services platform that allows its partners to personalise their web food content and gain insights on their consumers’ eating habits and taste preferences.

Built on proprietary access to culinary research, food and sensory science, and understanding food choices FlavorPrint technology is a food and flavour genome mapping 16,000 aroma chemicals to 33 flavours and 17 textures, along with dietary and nutrition attributes and a comprehensive library of ingredients, products and recipes.

Together, SAP and Vivanda will enable food industry companies to use FlavorPrint technology for enhanced consumer engagement and targeted personalised food and beverage recommendations as well as advanced big data analytics.

“The SAP strategic investment in Vivanda will expand the collaboration between the two companies and will further enable food companies using solutions enabled by SAP HANA to leverage the FlavorPrint technology and data collected to engage and connect with consumers in more personalised and relevant ways,” said E.J. Kennedy, SVP consumer products, industry business solutions, SAP.

“It is our goal to help our food industry partners to grow profitably by delivering increasingly personalised experiences and outcomes directly to consumers. Profitable growth results from providing more targeted brand experiences and outcomes in context with greater convenience and value beyond simply price, and by leveraging consumer interactions to drive innovation and improve new product success rates. Vivanda and SAP together will deliver on both areas.”

“Consumer research shows that the number one driver for selecting food is taste preference, and consumers are craving personalized recommendations on products and services with regard to preferences on taste, texture, diet and nutrition to inform choice,” said Jerry Wolfe, CEO and founder of Vivanda.

“Manufacturers and retailers are struggling at unprecedented levels to meet their customer expectations on this point. At Vivanda we digitised taste, allowing our omnichannel partners to better meet their consumers’ needs with an enhanced food experience through personalisation and added insight.”

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FEEDS solution to manage fresh food supply chain https://insidesap.asia/feeds-solution-to-manage-fresh-food-supply-chain/ https://insidesap.asia/feeds-solution-to-manage-fresh-food-supply-chain/#respond Mon, 23 May 2016 11:58:29 +0000 https://insidesap.asia/?p=5824 A new solution from Indian tech giant Tech Mahindra aims to enable companies to deliver produce as fresh as possible by enabling real-time tracking and interaction through the supply chain.

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A new solution from Indian tech giant Tech Mahindra aims to enable companies to deliver produce as fresh as possible by enabling real-time tracking and interaction through the supply chain.

The fresh food supply chain is complicated by a multitude of players, stringent regulatory compliance, and lack of end-to-end visibility, which leads to high wastage and product ageing by the time the produce reaches consumers.

Built on the HANA Cloud Platform, the Fresh Produce End to End Digital Supply Chain (FEEDS) will help producers to maintain product quality and freshness while providing a 15 to 20 per cent reduction in losses and wastes, according to Tech Mahindra.

The FEEDS solution is a product of collaboration between Tech Mahindra and the SAP Co-Innovation Labs, and is integrated with SAP’s ERP system to utilise digital levers including mobility, Internet of Things and big data.

Global produce supply chains, large retailers and food manufacturing clients are expected to be key customers of the solution.

“Freshness is a key differentiator for fresh produce as it impacts the consumer perception of the brand. The lack of holistic visibility breeds inefficiencies in the complex modern day food supply chain. Our rich domain expertise combined with the strong technology prowess of SAP digital platform provides an ideal combination to deliver unique and unparalleled benefits to our clients,” said Rohit Khanna, senior vice president, global retail and CPG, Tech Mahindra.

“Tech Mahindra has invested in multiple industry-specific cloud platforms using SAP Digital and IoT stacks. FEEDS is our flagship digital offering for retail and CPG sector. Built on ‘mobile first’ strategy, high emphasis has been laid on the usability standards achieved through Design Thinking. Similar offerings are being launched in other sectors to help clients bridge gaps in their digital strategy to execution,” said Krishna Kumaraswamy, senior vice president and global head – SAP practice, Tech Mahindra.

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