IFS North America, Inc. Feature Summary A Digital Transformation Roadmap for Food and Beverage Manufacturers Stuck in Option Paralysis The food and beverage industry is at a pivotal point going into 2025. Companies understand digital transformation is essential but are spoilt for choice with every option seeming right; every decision is fraught with challenges. The result is companies are falling behind due to "option paralysis" and a reluctance to disrupt existing systems. Let’s outline how food and beverage manufacturing companies can tackle the top three digital transformation challenges—cybersecurity threats, supply chain disruptions and climate change—and clear the way to reap the benefits of digital change. Food and beverage was a key market of the recent IFS report , which surveyed global manufacturing leaders and found that while they all admit their businesses cannot survive without the right technology, fewer than 10% qualify as digital leaders. A striking 65% of respondents labeled themselves as "laggards," who are falling dangerously behind and have stalled at the early stages of digital transformation with no firm plans in place. They are suffering from "option paralysis" where every option is seen as essential. Add to this the sheer volume and rapid pace of technological […]
A Digital Transformation Roadmap for Food and Beverage Manufacturers Stuck in Option Paralysis
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