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Section: Business Intelligence
Business Intelligence
Data and Analytics Management Varies Across Companies
Methods of data management across the packaging and processing industry vary greatly, but one major trend with some controversy is the move toward cloud storage.
April 25, 2024
Cloud data storage can act as a backup for disaster recovery.
Business Intelligence
Practical Applications for the Future of Remote Services
End-users are finding remote services and monitoring are ideal for OEM support, but in-person visits are harder to replace for things like FATs and some training.
April 19, 2024
OEMs can use remote services to solve many issues without the need to travel to end-users' plants, but some problems still require in-person assistance.
Business Intelligence
Top Factors Driving the Push to Sustainable Packaging
With consumers, retailers, and regulations driving the push to sustainable packaging, industry stakeholders are looking for ways to effectively meet this demand.
April 15, 2024
Consumers are willing to pay about 10% more for sustainable packaging, according to one industry representative at the 2023 Vision 2030 sessions.
Business Intelligence
Collaboration and Communication Can Optimize Your Operations
OpX work products, such as Request for Proposal, Acceptance Testing, Remote Equipment Access, and Total Cost of Ownership, can help improve manufacturer/supplier relationships.
April 13, 2024
Business Intelligence
Standing Out with Sustainable Strategies in Craft Beer and Spirits
Craft beer and spirits producers can connect with eco-conscious consumers through sustainability strategies including material switches, better labeling, and lightweighting.
April 4, 2024
Material switches are one way craft producers can connect with sustainability-focused consumers.
Business Intelligence
Report: 1/2 of New Manufacturing Jobs Could Remain Open by 2033
A Deloitte and MFI study found that 1.9 million out of 3.8 million new jobs would remain unfilled, underscoring the need for employee-focused strategies to keep up with growth.
April 3, 2024
Deloitte and The Manufacturing Institute’s new report, “Taking charge: Manufacturers support growth with active workforce strategies.”
Business Intelligence
E-Commerce Challenges and Opportunities for Craft Producers
As the e-commerce channel grows for craft beer and spirits, producers need to work through legal and logistical challenges to successfully deliver products to consumers’ doorsteps.
March 28, 2024
As more consumers purchase alcohol online, craft beer and spirits producers need to ensure their packaging can withstand the rough handling of e-commerce distribution.
Business Intelligence
Craft Producers Investing in Label Premiumization
As craft producers explore label premiumization strategies like tactile and smart features, OEMs should be ready to successfully accommodate such changes.
March 21, 2024
Craft producers can use unique visual or tactile features to help draw customers in and communicate a feeling of luxury.
Business Intelligence
Non-Alcoholic Beer and Spirits Buzzing in the Craft Market
Trends like Dry January and Sober October are fueling growth in non-alcoholic beer and spirits, and craft producers are adding these products to their portfolios in response.
March 15, 2024
Non-alcoholic beverages can generally be packaged in the same format as their boozy counterparts, making it easier for craft producers to add an N/A option to their portfolios.
Business Intelligence
Craft Market Success Comes in Many Packages
Craft producers can build greater brand awareness by focusing on factors like primary packaging variety, multipacks, and specialty releases.
March 8, 2024
Various packaging sizes, multipack options, and specialty releases can help craft producers stand out from the crowd and grow brand loyalty.
Business Intelligence
Craft Beer and Craft Spirits Compete for Market Space
Pre-mixed cocktails and consumer preferences away from beer and malt-based drinks are contributing to significant growth in craft spirits.
February 29, 2024
Brewers are looking for ways to reverse a contraction in sales, with strategies including diversifying product portfolios.
Business Intelligence
Global Ramen Noodle Market Forecast at $94.1 Billion by 2033
Shelf-stable staple predicted to increase sales due to convenience food trends and consumer focus on flavor variety.
February 20, 2024
Ramen noodle packet sales
Business Intelligence
Linking Strategy to Action: Another X-Factor in Employee Engagement
Only a small number of companies successfully link strategy to action. Here are some ways to make that link quicker, easier, more inclusive, and at multiple levels within your organization.
February 19, 2024
Success Cycle
Business Intelligence
Top Three Industries for Packaging Machinery Market Growth
Factors like changing consumer preferences and sustainability initiatives are driving packaging machinery market growth across major sectors.
February 15, 2024
The food industry represented more than 40% of the packaging machinery market in 2023.
Business Intelligence
Meat Processing Equipment Market Forecast at $2.9 Billion by 2031
New research predicts increased global demand for meat combined with advances in automation will help propel the machine market.
February 13, 2024
burgers patties meat processing
Business Intelligence
Cybersecurity Concerns Hinder Investment in Remote Services Technology
End users and OEMs are expressing cybersecurity concerns with remote access technology, but new methods of remote access delivery might ease worries.
February 9, 2024
About 77% of surveyed end-users say malware is a top concern for remote services technology.
Business Intelligence
Global Frozen Pizza Market Projected at $35 Billion by 2033
New research cites the continued rise of online grocery shopping and food delivery services as making frozen pizza more accessible for consumers, expanding market reach.
February 7, 2024
Frozen Pizza
Automation
Cost Brings Hesitancy to Adopt Remote Services and Monitoring
Most end users hesitate to invest in retrofitting older machinery as they consider remote services and monitoring.
February 1, 2024
Retrofitting remote services is cheaper than purchasing new machinery, but cost of service is still the technology's top drawback for end-users.
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