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The Internet of Things (IoT) is not just about objects, sensors, big data, cloud technology, interconnectivity and the internet.

For food and beverage manufacturers, it’s about finding new solutions to make the industry more efficient, safe and profitable. Just three benefits are improving food safety, customer engagement and boosting efficiencies.

The masses of data generated by the IoT offer food and beverage companies huge potential to transform operations across traceability, compliance, unplanned downtime, staffing, inventory management, partner collaboration and more.

So what’s holding food & beverage manufacturers back? Three main things: knowledge, cost and good old fear.

Beyond the hype, the IoT can bring a decisive competitive edge to enable food and beverage businesses to better analyse and forecast market demand. It delivers faster information across the supply chain, which leads to both better decisions and increased responsiveness to the market. It can drive better efficiencies and enhance quality control.

The IoT transforms industries, so forget the jargon and consider the impact of IoT technology in your food and beverage business. Begin with evaluating existing solutions and partners. IoT’s potential benefits could be a revelation.

Find out more about these technologies here by reading the full story here.

 

Food & Drink Business

Global food business, Kraft Heinz, has reported a statutory loss for FY25 and halted plans to split the business while it focuses on returning the company to profitable growth. CEO Steve Cahillane also announced an $860 million (US$600m) investment plan.

Over the past month, three international infant formula manufacturers have had to issue global recalls for specific product batches, due to the potential presence of the toxin cereulide. As investigations continue, more batches are being added to the list. Food safety is critical, particularly for vulnerable consumers, but who is responsible for ensuring products are up to standards?

Indian FMCG company, Reliance Consumer Products (RCP), has entered the Australian market by acquiring a majority stake in local better-for-you beverage business, Goodness Group Global.