There’s no denying that the pandemic has upended the world in many ways, but it has impacted the manufacturing and supply chain industries particularly hard. With grocery store prices and inflation nearing record highs, the food & beverage industry is facing greater challenges amidst evolving consumer trends, ever more stringent regulatory requirements, and rising costs.
Transparency, sustainability, waste reduction and food safety are all significant concerns in need of addressing if food manufacturers want to stay relevant, competitive and optimally profitable, and relying on old strategies is no longer a viable option.
Luckily, there are many technologies today to increase supply chain visibility, identify bottlenecks and gather real-time data through software and hardware solutions that are modernizing manufacturers across multiple industries and mitigating risk.