
How Has COVID-19 Changed the Way Food & Beverage Companies Operate? (Infographic)
Seven months into the COVID-19 pandemic, the food & beverage industry is different than it was at the beginning of 2020.

Seven months into the COVID-19 pandemic, the food & beverage industry is different than it was at the beginning of 2020.

The IT department and the C-suite do not own (and may never interact with) your core business processes. So the project team should include key people—end users and functional managers—from across your organization who are regularly involved in those processes.

The turmoil created by 2020 has been unprecedented for manufacturers. Even in normal times, right-sizing inventory and managing your manufacturing operations and a complex distribution supply chain are some of the most challenging parts of an enterprise.

A modern ERP solution can supercharge your organization. But its implementation is one of the most complex and high-risk projects your organization will ever undertake. And it is extremely easy to make mistakes.

As U.S. companies continue the transition to remote work, possibly for the long term, ERP project teams continue to face significant challenges in management, coordination, communication and collaboration. And organizations that planned to start a much-needed ERP project are wondering whether to proceed or wait until the day – Sometime next year? – when their people can return to the office.

Thanks to technological advances in the industry, the global smart meters market is expected to grow from $20.7 billion in 2020 to $28.6 billion by 2025, a compound annual growth rate of 6.7 percent. For companies at the forefront, it’s a chance to gain ground and boost revenue.