Last updated on 29th July 2020 by Harry Procter
The UK government's recent initiative is a welcome boost to a sector challenged by pandemic and Brexit. In times like these, companies need business systems with the flexibility to help manage through that change.
Food and Drink is the UK's largest manufacturing sector. According to Food and Drink Federation statistics, exports have grown strongly in recent years with exports to non-EU countries doing particularly well (*). All good. And then.... you know what happened. The hospitality and travel sectors are on their knees, exports are down, and confidence everywhere has taken a knock.
On June 22nd the government announced its 'bounce back' plan for the agriculture, food and drink industry. This is part a programme of support for the sector to help get exports back on track.
The plan includes:
The plan focuses on small and medium sized companies (SME's) and trade with those non-EU countries with which the Department of International Trade is negotiating free trade agreements, namely Japan, USA, Australia and New Zealand.
Once again, all good.
Or is it?
What about the back-office systems that SME's will need to enable this growth in overseas trade?
We are a specialist supplier of business management software to SME's in the agribusiness and food and drink sectors. Just the sort of companies the Government's bounce back initiative is designed to help.
The companies we speak to are typically those that are investing in systems to support business change. Many of them looking to move away from reliance on combinations of small business accounting software, spreadsheets and manual systems. And for these companies, the case for ERP is compelling:
SAP Business One has the scope to handle all the complexities of a growing food or agri-business. It is designed for small to mid-sized companies and provides an affordable option for any company looking to streamline business and financial management. SAP Business One is trusted by over 65,000 companies and is made by SAP, one of the world's most respected technology brands.
* Source: www.fdf.org.uk/exports.aspx
by Harry Procter
ERP specialist and blog contributor.