The integration of technology has become imperative in the rapidly evolving Consumer Product Goods (CPG) industry, enabling enterprises to accomplish strategic objectives and foster organizational expansion. These strategies are aimed at enhancing their competitive edge, improving operational efficiency, providing personalized consumer experiences, and driving growth. In the Food and Beverage (F&B) sector, leading enterprises are harnessing technology to effectively address industry-specific challenges, including evolving consumer preferences, ensuring food safety, managing sustainability concerns, and navigating complexities related to supply and demand.
In this report, we analyze the digital investments of 16 leading F&B CPG enterprises and position them on Everest Group’s digital effectiveness assessment model, which is a composite index of a range of distinct metrics related to enterprises’ capability and impact. Additionally, the report evaluates the effectiveness and outcomes of technological initiatives implemented by CPG enterprises and assesses the degree of innovation introduced by each retail firm.
Scope
All geographies
Industry: CPG
Contents
In this report, we examine:
Technological initiatives by F&B CPG enterprises
Enterprise focus on various technology domains
Enterprise focus on adopting technology across the CPG value chain
In the past, the manufacturing industry’s primary focus was on creating standard procedures and managing workers and machines. However, with the advent of Industry 4.0, technology has become more prevalent in many sectors, offering numerous benefits.…
