Food and Beverage Smart Supply Chains Drive Profits and Ensure Regulatory Compliance
According to the United Nations , food production will need to grow by as much as 70% by 2050 in order to feed the 9.7 billion people that are expected to be living on the planet by then. In order to address this challenge, not only will more food need to be grown and produced, but Food & Beverage (F&B) industry supply chains will also be required to vastly improve efficiencies so that the increased volume of food can be safely processed, stored and delivered. In order to address the challenges and reap the benefits, current F&B supply chains will need to be realigned and digitized, so that more food can get through the expanding upstream and downstream delivery pipes safely, while conforming to regulatory policies. Reevaluating F&B supply chain digitization Digitization, the use of digital technologies to change a business model and provide new revenue and value-producing opportunities, is not a new concept within the domain of the F&B supply chain. In food...