The Food and Beverage Sector Needs to Embrace Digital Transformation to Achieve Sustainability Goals

998-22433275 F&B HBR Report_GMA_banner_1200x675 Virtually every industry is striving to become more efficient and sustainable—and these goals are particularly important in the food and beverage sector. Streamlining operations, reducing waste, and decreasing carbon emissions are essential to feeding a growing global population, protecting limited resources, and fighting climate change. Nearly 40% of food and beverage sector decision-makers said in a 2022 International Data Corp. survey that their organizations would prioritize sustainability in the coming year. These companies cannot achieve their sustainability objectives without undertaking the digital transformation of every aspect of the production process, from sourcing to manufacturing to distribution. In the consumer goods sector, companies with advanced digital transformation strategies have cut greenhouse gas emissions, waste, and consumption of water and energy by up to half, according to Clarisse Magnin-Mallez, a managing partner at McKinsey & Company. By following a similar strategy of introducing the right talent and technology, food and beverage producers can both improve the bottom line through more efficient operations and contribute to global food security. Digital Transformation Is the Path Forward Digital transformation in the food and beverage sector can take many forms: adopting collaborative cloud-based platforms, updating to industrial internet of things (IIoT) […]

You may also like...