Food and beverage companies looking to mitigate the risk of a recall, or even restore customer faith after a recall should prioritize supply chain transparency. Transparency is a benefit of digital transformation that comes from leveraging the right technology to address operations, processes, and the tools used to get work done.
A study done by Accenture indicates that 55% of chemical companies that invested in digitalization report profit increases of 5–20%, while about 25% of the companies saw profits grow greater than 20%.
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