Food and Beverage: Digital Transformation Survey

Digital’s impact: From revive to thrive

The right digital strategies can provide food and beverage companies a variety of benefits, from addressing increased labor costs to optimizing processes and operations. These solutions can streamline supply chain, identify and track consumer preferences, and manage compliance needs to name just a few critical areas, all while providing in-depth analysis and valuable forecasting capabilities for smarter measurement and improved business decision-making.

However, are middle market food and beverage companies optimally harnessing the full power of digital? What challenges, concerns and risks are executives encountering? Who should be leading and guiding decisions related to technology efforts within the business? Are organizations seeing return on their digital investments and how should they measure these outcomes?

To gauge the transformative impact of a variety of digital methods and strategies within the food and beverage industry, RSM conducted a survey of middle market businesses late last year. While findings were compiled prior to the coronavirus pandemic, much of the analysis and insights can be applied in this post-COVID-19 world.