Food and Beverage Manufacturers Embrace Software to Transform Operations, Gain Competitive Advantage
Food Industry Executive's new report sheds light on how software is transforming the food and beverage industry
PORTLAND, Ore., June 27, 2022 The food and beverage industry is embracing software solutions to solve some of their biggest challenges, according to Food Industry Executive's latest report, "Food & Beverage Industry Software Trends 2022," sponsored by enterprise software provider Aptean. More than 4 in 10 (43%) respondents say that software has transformed their operations, and 40% report that it provides a competitive advantage for their business.
In the survey, Food Industry Executive asked food and beverage industry leaders about their attitudes toward software, what solutions they find most valuable, and where they're planning to invest in the future. The results reveal an industry that is rapidly embracing new software solutions to manage everything from traceability to inventory, production, maintenance, and more.
Here are some key findings from the report:
- The meat, poultry, and seafood industry is most likely to be an early adopter of technology, while the prepared foods industry is the least likely.
- Traceability software was rated as the most valuable software overall, followed by inventory management and production tracking.
- Enterprise resource planning (ERP) software was identified as the most valuable software that respondents use on a day-to-day basis, and also as the industry's top software priority for 2022.
- Cost is the most important software attribute, followed by return on investment (ROI) and functionality.
For more industry insights, including vertical-specific results, download the full Food & Beverage Industry Software Trends 2022 report.
About Food Industry Executive
Food Industry Executive is a leading digital resource that focuses on the future of the food industry. In today's changing market, it's vital for food industry executives to keep up with the trends that matter most to them. Food Industry Executive is a trusted source for food processors and their suppliers to gain insights on the latest industry trends, workforce challenges and solutions, technology, and more news that keeps businesses ahead of the curve. As a one-stop digital hub for food industry professionals, Food Industry Executive is a go-to site for information about upcoming trade shows, virtual events, and webinars, top equipment and software suppliers, and unique industry research.
Media Contact
Krista Garver, Food Industry Executive, (833) 693-3768, [email protected]
SOURCE Food Industry Executive
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