Food & Beverage Manufacturing

The American F&B manufacturing industry is comprised of 75,000 US based organizations with 41,000 processing plants. Nevertheless, the food & beverage industry is facing a number of challenges, including rising costs, sustainability pressures, and shifts in consumer behaviors. Accruent provides innovative solutions to help industry players maximize overall equipment effectiveness, improve inventory management, audit disruptiveness, and regulatory compliance.

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F&B Manufacturing Industry in Numbers

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U.S. consumers spend each year
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Expected value of F&B market by 2027
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People employed in the sector

Centralized Document Version Control and Audit Trails

F&B companies need to maintain a secure and centralized repository for important documents related to food production, including specifications, quality control plans, safety plans, recipes, labels, standard operating procedures and more. These documents are expected to be updated, accurate, accessible, and compliant with industry standards and regulations. Meridian provides a single source of truth to:

  • Streamline document management
  • Ensure safety and compliance
  • Maximize company-wide collaboration
  • Achieve a single source of asset information

Optimize Maintenance Operations, Reduce Downtime, and Increase Efficiency

One of the most common challenges in the F&B industry is maintaining complex equipment. Studies have shown that unplanned downtime can cost an astounding $30,000 per hour. In addition to leading to lost production time, downtime results in lower efficiency, while fragmented and decentralized legacy maintenance and inventory systems lack cohesive processes for tracking assets across departments. Maintenance Connection helps F&B plant maintenance teams:

  • Transition from reactive to preventive asset maintenance
  • Extend asset life
  • Maximize the ROI

Track and Trace Materials Through Supply and Manufacturing

IoT technology is enabling F&B companies to collate and analyze data from multiple sources, including sensors and devices. This data can be used to make data-driven decisions, optimize processes, and monitor food safety in plants and enable product traceability throughout supply chains. Vx Observe helps F&B companies:

  • Predict and prevent asset failures
  • Improve first-time fix rates
  • Maximize operational efficiency
  • Reduce equipment downtime and impacts

Real-Time Energy Management for Agility and Efficiency

Effective energy management in the F&B industry is not just a preference, but a business necessity as increased competitive pressures, tighter margins and rising energy prices are impacting companies’ profitability. Observe for Energy Management (AOEM) provides monitoring and targeting capabilities that can help F&B companies:  

  • Leverage contextual and comprehensive data
  • Optimize energy usage
  • Reduce overhead costs
  • Monitor and target energy consumption