New Study Reveals 48 Of Food And Beverage Suppliers Still Relying On Manual Spreadsheets 65 Cite Regulatory Change As Driver For Modernization

New Research Shows 48% of Food and Beverage Suppliers Still Rely on Manual Spreadsheets

65% cite regulatory change as driver for modernization

A recent study by [research firm] found that 48% of food and beverage suppliers are still using manual spreadsheets to manage their operations. This is despite the fact that 65% of those surveyed said that regulatory change is driving them to modernize their operations.

Key Findings

• 48% of food and beverage suppliers still use manual spreadsheets.
• 65% of those surveyed said that regulatory change is driving them to modernize their operations.
• The top challenges facing food and beverage suppliers include:
• Keeping up with regulatory changes
• Managing complex supply chains
• Meeting customer demand for transparency and traceability

Challenges Facing Food and Beverage Suppliers

The food and beverage industry is facing a number of challenges, including:

• Regulatory change: The food and beverage industry is heavily regulated, and changes to regulations can have a significant impact on suppliers.
• Complex supply chains: Food and beverage suppliers often have complex supply chains, with ingredients and products coming from all over the world.
• Customer demand for transparency and traceability: Consumers are increasingly demanding transparency and traceability in their food and beverage products.

Benefits of Modernization

Modernizing their operations can help food and beverage suppliers overcome these challenges and improve their bottom line. Some of the benefits of modernization include:

• Improved efficiency: Automated systems can help food and beverage suppliers improve their efficiency and reduce operating costs.
• Increased accuracy: Automated systems can help food and beverage suppliers reduce errors and improve the accuracy of their operations.
• Improved compliance: Automated systems can help food and beverage suppliers stay up-to-date with regulatory changes and ensure compliance.
• Increased customer satisfaction: Automated systems can help food and beverage suppliers meet customer demand for transparency and traceability.