Food and beverage trends: Stay competitive

The 2020 Food & Beverage Forum brought together industry professionals from around the country to discuss the uncertainty and opportunities created by the COVID-19 pandemic and its impact on businesses and consumers. Here are our top takeaways.

Does the burden of hundreds or even thousands of products have you thinking about stock keeping unit (SKU) rationalization? Before you begin, here are five considerations to ensure you’re starting with the most accurate underlying cost information possible.

Industry 4.0 encompasses the intelligent interconnectivity between automation, digitization, and data analytics driving recent transformative change. Mid-market manufacturers who invest in digital acceleration will better position their organizations to manage disruption and compete. Is your organization ready for connected and automated manufacturing?

Food processors and distributors must make fast decisions to meet rapidly changing demand in a “new normal” that’s hardly predictable. These actions can improve inventory management during the COVID-19 crisis.