GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

High-profile Gulfood Manufacturing 2018 FoodTech Summit reveals how global industry leaders are benefiting from digital transformation

Dubai, UAE – Thursday 8th November, 2018:   Digitisation, Artificial Intelligence and next-generation technologies came to the fore on day two of the Gulfood Manufacturing FoodTech Summit, as key industry experts take stage discussing the future and transformation of F&B manufacturing facilities in the region.

The agenda-setting Gulfood Manufacturing FoodTech Summit, running alongside Gulfood Manufacturing at Dubai World Trade Centre (DWTC) this week, brought together international F&B experts, industry leaders and innovators to discuss the global F&B market development and latest solutions with the future in focus, including how to adapt to digital transformation.

Industry pioneers have been taking to the stage during the high-powered, two-day Summit to share knowledge and insights into best practices and efficient use of 4th industrial revolution technology to overcome industry challenges. 

While Summit delegates heard throughout the sessions of the need to collect, analyse and utilise data across the entire manufacturing supply chain, global industry leader Coca-Cola revealed how it has invested in digitisation to its advantage.

Amer Hussain, VP, Integrated Supply Chain, Hindustan Coca-Cola, revealed how his plan to automate a bottling plant, based in the Indian state of Gujarat, has had immediate, measurable results in greater efficiency and a reduction of costs – turning the plant into a benchmark for digitisation across the F&B manufacturing sector.

 “We are producing 35 million cases a year using two lines and 67 people in the factory,” said Hussain, adding “our aim was to be a lean organisation, be a benchmark of productivity and ensure gender diversity in the workplace.”

Digitising the workplace means Hussain and his team have improved the life expectancy of the plant, increased equipment availability, and improved planning and cost optimization. 

“We have gained real-time machine insights and enjoy predictive maintenance and analytics. We have a far more accurate grip on inventory, and have seen an improvement in material yields, with a lean inventory,” added Hussain. 

Other benefits enjoyed by the sate-of-the-art factory include real-time energy management, inventory management, stronger and easier management of QSE systems and a holistic view of activity over the fully connected, paperless factory. 

The key takeaway from the session was that digitalising operations has resulted in a 30 per cent saving on fixed costs. “This creates a very clear business case for digital transformation,” said the VP, “we are seeing higher volumes at a lower cost.”

But the success came with a caveat. Hussain warned: “In order for a digitisation strategy to succeed, you must have leadership buy-in, and the right team and tools. The benefits only really come in when you have these three things in place.” 

In a thought-provoking session on day two, Mike Yesudas, CTO of Watson Customer Engagement Services and Distinguished Engineer at IBM, took to the Summit Stage in a session titled ‘Artificial Intelligence – is it worth your investment?', which looked at how AI has been introduced across industries and how it can be successfully implemented in the F&B industry.

Yesudas told Summit delegates how AI is fast approaching wide-scale roll-out in everyday business and how the F&B sector must be ready and willing to embrace the “new era”, including data analysis.

“The increase in investment for technology in the food industry is due to the change in consumers habits. The trend of ordering food online has meant that businesses can avoid the overheads involved in dining-in experience and can use data to target consumers directly,” said Yesudas. “Data patterns help identify consumer trends and behaviour that differentiates progressive businesses from the rest. With the advent of AI, food manufacturing units are able to become more lucrative than restaurants in the future.”

 



Posted by : GoDubai Editorial Team
Viewed 22625 times
Posted on : Thursday, November 8, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Middle East Organic & Natural Products Expo 2018 to Have Over 220 International and Local Exhibitors...
Next Story : ‘Successful Food Factories of the Future will be Driven by data' – Opening of Agenda-Setting Foodtec...
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Show your Nanny some love and treat them to a Complimentary Haircut throughout A...
A Guide to Making Yourself Happier and Healthier
Introducing Lunette: A Tool to Empower Women
Corum Golden Bridge Titane DLC - black beauty for the man of style
Robinsons Showcases Malone Souliers' Stunning New Collection for Pre-Fall 19
Inventive, Futuristic and Daring Translucent is a Distinguished Milestone for Police.
Marks & Spencer Unveils Its Autumn 2019 Kidswear Collection
GUESS - The Perfect Tote
Ferragamo Urban - 2019 Fall/Winter Collection
Aesop's Parsley Seed Skin Priming Regimen
The future of photography and videography is in Canon's hands, with five 2019 EI...
Corum Admiral Legend 42-Icon ahead
Ralph Lauren Debuts “Wear Your Story” Denim Campaign
Sandro: The Power Suit
Forecasting Mesmerising Sea Views and Exotic Seafood at Gonu
Modular Sofa's by Boconcept
Al Ain Hospital doctors save young girl from 2.5 cm pin in her lungs
Hormann announces speed rolling shutter DD S6
Jaguar I-pace: Redefining What It Means to Be a ‘CAR'
Rock Chic Edit with GUESS
GEMS Education students shine with excellent A-Level examination results
Spare a thought for abandoned cats today – International Cat Day!
Tazio Nuvolari Vanderbilt Cup
Acclaimed Coin Collector to Pay Homage to UAE with Rare Coin Collection at ‘Year...
Marks & Spencer Celebrates the Success of its First Ever Vegan-Friendly Line – P...
Abu Dhabi Airports completes preparations for the return of Hajj pilgrims
Get 50 per cent off back-to-school essentials at Dragon Mart
British Orchard Nursery collaborates with Department of Finance to open its 22nd...
Etisalat C&WS and Sparkle pioneer in enabling 5G Roaming Globally
SriLankan Airlines welcomes free visa on arrival facility to 48 countries
Bentley Motors Celebrates Centenary at Monterey Car Week
Exceptional Playtime with Soundcore Vortex
UK: The power of credit impulse at work
Ajman Free Zone signs MoU with Dubai Insurance Company
Saxo Bank completes acquisition of BinckBank
Making History: the Aston Martin Db4 Gt Zagato Continuation Programme is Handcra...
Sheikh Mohammed bin Rashid Centre for Islamic Culture launches a comprehensive e...
Dubai Delivers on Tourist Volumes Again, With a Strong 8.36 Million Overnight Vi...
Desigual's Fall/ Winter 2019 Collection
Second Week of “Health & Tourism 2019” Campaign Witnesses Remarkable Participati...
Dubai Tourism Partners With Ary to Invite Audiences to Discover the Emirate With...
The Nordic Hall of the Heros is Open for Business - Aston Martin Valkyrie and Va...
Same Favourite Fragrance, New Innovative Products From the Ritual of Karma
Ras Al Khaimah International Airport Announces New Foreign Exchange Partnership ...
Autumn / Winter 2019-20 Men's and Women's Sneakers Collection
Indian Film Actress Tamannaah Bhatia inaugurated 26th showroom of Malabar Gold &...
Marks & Spencer Reveals Its Autumn 2019 Womenswear Collection
Harris Pye UAE strengthens its footprint in Egypt
Business Lunch With an African Twist
BMW Group sales increase further in July