Food and Drink Industry is Going Digital
Fewer Mistakes Thanks to Better Chain Integration
Consumers are clamoring for quality products that are healthier and fresh. Furthermore, food safety is under constant scrutiny and margins are under pressure. How can food and drink manufacturing companies get the margins under control under these circumstances? And how can they keep innovating? The answer appears to lie in economies of scale, big data and supply chain integration.
The food industry is expected to show very limited growth in 2017. As a result, the need for integration, increases in scale and consolidation in order to remain competitive is undiminished. The way to realize this is to further reduce costs, and food manufacturers can bring this about by making smart use of data. After all, enormous amounts of data are already available, but the sector is unable to make efficient use of it because the focus is in the wrong place.
Food manufacturers lack data relating to the technological aspect of the manufacturing process. Once food companies manage to gather this data, they will be able to improve efficiency in multiple areas. Read the white paper to find out more about this and other topics. The white paper also looks at:
- how to prevent recalls;
- using the Internet of Things to improve the quality of food;
- better integration of asset management;
- preventing incorrect deliveries;
- dealing with seasonal peaks more efficiently.
Would you like to know more about how a modern ERP system can make businesses in the food and drink industry more efficient and agile? Make sure to read the Food and drink industry is going digital white paper.