By Laura Gurski, senior managing director and global lead of consumer goods and products, Accenture
Beverage manufacturers have long been at the leading edge of innovation, but we are seeing a tidal wave of smaller players, who were born digital, disrupt the market and turn ‘business as usual’ on its head.
Gebo Cermex, part of the Sidel Group, showcased its AQFlex product handling technology at drinktec claiming it is responding to sophisticated consumption trends that present challenges to the production and distribution of goods.
The beverage industry has seen 63.4% growth in the number of businesses established over a six-year period largely due to the explosion of breweries throughout the US, according to a 2017 Trends in Food Processing Operations report by PMMI.
Coca-Cola Amatil is remodeling its supply chain across Australia, increasing production in Queensland and Western Australia but closing the company’s manufacturing operations in South Australia in 2019.
Today’s factories are focused on producing large quantities in bulk. Tomorrow’s factories will be smaller but far more agile, reflecting the overarching consumer trends of personalization and customization.
Emerging technology, big data, and innovations like smart labels and smart kitchens can help transform the food and drink industry for a sustainable future, according to a Coca-Cola Enterprises (CCE) report.