New Study Reveals 48% of Food and Beverage Suppliers Still Relying on Manual Spreadsheets
Tuesday, 10 September 2024, 06:08
Manual Spreadsheets: A Persistent Challenge in Food and Beverage
According to a recent report from TraceGains, 48% of food and beverage suppliers are still using manual spreadsheets for operations. Despite technological advancements, this reliance persists due to various industry pressures. The study highlights that 65% of these suppliers cite regulatory changes as a key driver for modernization efforts.
Why Are Manual Spreadsheets Still Popular?
- Familiarity: Suppliers are accustomed to traditional methods.
- Cost Constraints: Many fear the initial investment in new technology.
- Data Integration Challenges: Merging data from different sources remains complex.
The Push for Modernization
- Regulatory Compliance is becoming increasingly strict and demands better tracking.
- Consumer Expectations are shifting towards transparency and higher quality.
- Technological Advancements offer new solutions that can streamline processes.
As the industry evolves, reliance on manual spreadsheets may hinder growth, making modernization essential.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.