Optimizing Supply Chains in the Food and Beverage Industry through Digital Transformation

Authors

  • Xuanyu Liu Marshall School of Business, University of Southern California, Los Angeles, CA, 90089, USA Author

DOI:

https://doi.org/10.71222/nt2xhy40

Keywords:

digital transformation, supply chain optimization, internet of things, Artificial Intelligence, blockchain

Abstract

This article explores the role of digital transformation in optimizing supply chains within the food and beverage industry. It highlights the key technologies driving supply chain efficiency, including the Internet of Things (IoT), artificial intelligence (AI), blockchain, and automation. By implementing these technologies, companies are overcoming supply chain challenges such as inefficiency, high costs, inventory management, and product traceability. The article also examines best practices for implementing digital solutions, along with real-world examples from leading food and beverage companies that have successfully integrated digital technologies. These companies have enhanced transparency, improved demand forecasting, reduced waste, and streamlined operations. Looking ahead, advancements in 5G, edge computing, and sustainability initiatives are expected to shape the future of supply chain optimization. Digital transformation is no longer optional for food and beverage companies aiming to stay competitive and responsive in a rapidly evolving market.

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Published

19 January 2025

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Article

How to Cite

Optimizing Supply Chains in the Food and Beverage Industry through Digital Transformation. (2025). Economics and Management Innovation, 2(1), 28-34. https://doi.org/10.71222/nt2xhy40