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Finding the Next Food Innovation

Siemens invited a group of industry leaders to think about what food and beverage manufacturers must do to position themselves for the future.

Finding the Next Food Innovation
Finding the Next Food Innovation

I was lucky enough to be invited to a brainstorming event in New York last week that brought together thought leaders from all corners of the food and beverage industry. And, while I won’t name names, let’s just say I was in total awe of the people in that room. There were executives from major manufacturers and retailers, consumer and small business advocates, analysts, authors and futurists. It was a meeting of the minds, or as we say in Boston, a room full of ‘wicked smaht’ people.

The group had been brought together by Siemens to take part in an exercise that would challenge the participants to think about a future where food manufacturers were bringing new products to market faster while reducing inventory costs and increasing operational productivity. The challenge was to figure out how we got to this successful scenario. After three rounds of refining ideas, four teams made their pitches to the rest of the room.

There was no clear “winner” when all was said and done, but some very interesting themes emerged from the spirited discussions. First, the focus should begin and end with the consumer. As noted in a recent PMMI research report, the 2017 Trends in Food Processing Operations, the market is shaped by customers’ convenience and nutritional needs—such as on-the-go eating, clean labels and organic foods. Ultimately, we are in business for consumers. And we need to leverage social media, Big Data and communication technology to link customer feedback directly into the design, engineering and manufacturing processes.

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