4 Key Questions for Food and Beverage Digital Transformation
Digital transformation isn’t a new idea in the business world, but the work required to bring it about in food and beverage production companies is no simple task. Just about every operational leader I talk to says they’re feeling pressure to accelerate digital transformation, increase investment in digital tools and move toward more data-driven, analytics-powered decision making.
Now, they’re looking at economic volatility that’s adding urgency to drive efficiency and create competitive advantages through tech-enabled strategies. But that economic uncertainty is also increasing pressure to get it right. They can’t afford to spend on failed tech transformation like the estimated 70% of digital transformation initiatives that McKinsey says ultimately fail.
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