Article: Real-time data analytics powers food enterprise agility
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Posted: 13 October 2021 | OSIsoft | No comments yet
For executives and analysts involved in business planning, adjusting production schedules based on forecasts is a major responsibility.
The job of a food and beverage business analyst has never been simple, but it’s gotten increasingly complex in recent years. The dramatic rise in the purchasing power of younger generations, coupled with the abrupt economic impacts of the COVID-19 pandemic, has fueled a drastic shift in consumer buying habits.
To compete in this new environment, food and beverage companies have been forced to innovate on traditional development and manufacturing processes. Processing plants must ramp up production to get items onto bare shelves quickly and wind down operations just as fast when demand drops.
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