These are interesting times as food and beverage companies are being pushed in new directions, including:
Consumers want new capabilities, like home delivery, curbside pickup, and “click and collect” making distribution more complex and costly.
Urbanization and the growth of eCommerce is causing the need for micro-fulfillment centers that are located close to customers and heavily automated for efficiency and speed.
We’ve yet to see the full impact of Amazon’s entry into grocery that started with the acquisition of Whole Foods.
Food safety concerns continue to plague the industry, increasing interest in things like blockchain for full traceability.
Customers are looking to food and beverage companies to take the lead on environmental issues, like compostable packaging, fewer plastics, reducing the carbon footprint of food, and finding ways to eliminate waste, including selling more products in bulk.
The invention of plant proteins and the move towards more natural foods (non-GMO, gluten-free, pesticide-free, organic) and artisanal foods are changing what we eat and causing increased SKU volumes.
As food and beverage supply chains become increasingly complex, you need a partner to help you navigate each step. Fortna can help.