Thank you for Subscribing to CIO Applications Weekly Brief
How Iot Is Transforming The Food And Beverage Industry
One of the primary goals of the food and beverages industry is to deliver high-quality food to the end consumer, which directly depends on how the food is stored before it reaches the consumer’s basket.
Fremont, CA: The food and beverages industry is a highly dynamic and evolving industry, where the Internet of Things can create real value for businesses that distribute, deliver, and sell food and beverage products.
There is no doubt that by adopting IoT, the food and beverage industry can run to its highest potential. IoT is helping companies to achieve high levels of food safety, improve traceability, cut down wastage, and reduce costs and risks across the different stages of food processing and packaging.
One of the primary goals of the food and beverages industry is to deliver high-quality food to the end consumer, which directly depends on how the food is stored before it reaches the consumer's basket. Maintaining adequate temperature and humidity levels is one of the primary concerns in storing perishable food products such as meat or dairy. This can be done by properly monitoring the foodservice equipment round the clock, regardless of whether the staff is present or the stores/warehouses are open or closed.
Let us look at some of the key use cases of IoT in the food and beverages industry:
Just like the logistics department of any other industry, food and beverage logistics can also use IoT technology in their operations. Such solutions can not only help F&B teams to track inventory in real-time but also help to automate shipments based on requests or predictions for replenishment.
For example, by implementing RFID (Radio-frequency identification) transmitters and GPS systems, monitoring becomes more effective in the distribution chain. This allows companies to be informed of the preferences of customers, address market requirements in a better way and decrease waste. With the help of RFID tracking technology, the food supply chain receives excellent visibility and benefits from automating the delivery and shipping processes that monitor and control the storage temperature.
In addition, it permits shippers to track the location of the product with GPS; by collecting the purposeful data, shippers get an idea of estimated performance in different regions. This will eventually help shippers understand customers' behavior to reduce dead miles in trucks.
More Efficient Operations
Operational efficiency is a buzzword for manufacturers, and every company in the F&B industry is aiming to achieve it. Operational efficiency can be increased by integrating workflows and reducing manual processes, connecting business groups and systems, streamlining processes to make better decisions, and implementing process improvements to turn growth into profits.
Players in the market are introducing innovative vending machine technology that allows these machines to accept payments that are made through credit cards, debit cards, and mobile payments.
In addition, the use of IoT has boosted automated retailing and helped to minimize operational costs as vending machine systems can identify and suggest actions regarding issues with the food or beverage, predict user behavior, send reminders to remove outdated food on time, and send alerts to replenish the machines more efficiently.