With the world seemingly at a crossroads, the megatrends that were once 25 years away have been brought to the fore in a matter of months. The rate at which businesses must now adopt technology is only increasing.
This scene presents itself amid continued reports of supply chain challenges, labour shortages and heightened costs. This is evident from recent research by the Food and Drink Federation (FDF) which found that:
• 61% of Food and Beverage manufacturers have experienced decreased product margins.
• 68% of Food and Beverage manufacturers have experienced a shortage of process, plant and machine operatives.
• 54% of Food and Beverage manufacturers have experienced reduced output/closure of production lines.
Food and Beverage manufacturers that have continued to invest in the latest technology and digital transformation have been able to identify operating inefficiencies, optimise variables and output, and reduce costs – all amidst the backdrop of market turbulence and instability.
The challenge that most face now, is how to upgrade in a sustainable way. In this latest report, we explore how smart technology, coupled with industry expertise from Siemens Financial Services, can help businesses within the Food and Beverage sector to transform their operations.
Complete the form below to download the free 8-page report now.
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