9.1. Challenges and Benefits of Industry 4.0 in the Food and Beverage Sector
4.0 Challenges
In order for manufacturers to introduce the idea of Industry 4.0 into their businesses, the ideology of ” New business models require new strategies” should be the main concept. For businesses who rely on spreadsheets and enter data manually this concept will prove difficult. Severin J. Weiss, CEO of SpecPage (global expert in integrated software process solutions for recipe-based food and beverage manufacturers) insists that manufacturers should invest and embrace these new technologies in order to thrive in the global market.
4.0 Benefits
When the technologies of Industry 4.0 are introduced to the Food and Beverage sector, manufacturers will be able to quickly adjust and actively manage the rapid changes of food products, based on demand, while increasing traceability and transparency in the supply chain, and eliminating any risks associated with regulatory compliance.
To ensure better quality control, lab processes and data specification must be simplified and communicated clearly. By doing this the organisation ensures it has streamlined operations and could potentially achieve sustainable growth and return on investment (ROI).
This video explains some benefits of Industry 4.0 in the Food and Beverage sector by showing how companies can use digitalization to dramatically increase flexibility, enhance consumer responsiveness, and improve productivity.
https://www.youtube.com/watch?v=kGb6utklQwk
Tasks
Additional Task: https://h5p.org/node/730876