🌟 2024: A Defining Year for F&B Companies 🌟
This year, it's imperative for Food & Beverage companies to adopt a series of transformative actions to bolster resilience:
✨ Regenerative Agriculture: Foster supply chain robustness and sustainability by integrating regenerative farming practices
✨ Food Loss and Waste (FLW) Insight: Better understand FLW within the value chain to optimize the balance between food production and consumption
✨ Strategic Portfolio Mapping: Map the entire product portfolio against key environmental and business KPIs to sculpt a corporate strategy that's both sustainable and profitable
All of this will be helped by a few key enablers:
☑ Regulatory Evolution: View regulatory shifts not as a compliance cost, but as an opportunity to pivot from the 'cost of action' to the 'cost of inaction', thereby creating value and redefining industry narratives
☑ Leveraging Digital Transformation: Embrace digital innovation to streamline operations and allocate resources effectively towards sustainable actions
☑ Nature as a Strategic Pillar: Recognize Nature as an integral part of climate strategy; it's not merely supplementary but is central to achieving climate objectives and ensuring the resilience of agricultural supply chains.
The journey towards resilience is complex, but with strategic action and the right enablers, F&B companies can thrive in 2024 and beyond.
Kendra Pedley Adrien Trompier Mollie Hoss-Kuhne Satwik Mudgal Andrea G. Allon Zeitoun Quantis
The food and beverage sector has traversed a whirlwind of challenges, demonstrating resilience and adaptability in the face of constant change. The industry is at a pivotal crossroads, with the opportunity to redefine its impact on the planet and society.
Wondering which topics food and beverage companies should prioritize in 2024? Quantis Global Food + Beverage Lead Charlotte Bande highlights them below.
Learn more >> https://lnkd.in/ebp7wYEe
#foodandbeverage #businessresilience #sustainability
Account Executive @ Icon Foods | Experienced in R&D & Quality
4moWay to go Veggies Made Great®What a great product!