[RESEARCH SPOTLIGHT] Industrial Transformation (IX) Challenges Consumer Products and Food & Beverage Companies
Joe Perino  |  December 14, 2021
The Consumer Packaged Goods and Food & Beverage (CPG/F&B) industries are challenged by change. Demand is fluctuating wildly as a result of the COVID-19 pandemic. Local and microbrands are becoming ever more important. New channels, such as Amazon, must be assimilated. And, long-term trends, such as the increasing role of private labeling, co-packers, and contract manufacturing, continue to reshape the industry. In the face of this turbulence, CPG and F&B companies are – like so many other industrial enterprises – looking at Industrial Transformation (IX) as a means to drive change. But they're falling behind. In LNS Research's latest report, Industrial Transformation (IX) Challenges Consumer Products and Food & Beverage Companies, Principal Analyst Tom Comstock examines his latest research findings on the challenges the Consumer Products and Food & Beverage industries are facing with IX. In this Research Spotlight, you'll discover:  What the CPG and F&B industries are doing differently? Why they're falling behind in IX? What are the "big" things they are trying to accomplish? What is delivering significant improvement for CPG and F&B? How Consumer Packaged Goods and Food & Beverage companies can get on track with their Industrial Transformation (IX) efforts. Here, you can download the full research report.