SMART FINANCE To provide food and beverage
manufacturers – large and small – with a financially sustainable path through the current challenging environment, smart financing models are emerging
funder understands the technology, the sector, and its operating pressures. Using this knowledge, they can create and
align financing structures that are focused on achieving clearly identified desired business outcomes for the manufacturer, through access to the right technology, services and advice. Smart vendor finance makes digital transformation more financially sustainable and removes obstacles to investment. The consensus among global analysts is
that it is critical to maintain new technology adoption even in times of economic difficulty. Moving towards smart factory technologies can put manufacturers in a better position to bounce back from the crisis and minimise the impact of future changes in consumer behaviours. Cautious manufacturers may be thinking of deferring investment based on the current economic outlook, but this would be a mistake. As the window for competitive advantage from investment continues to diminish, manufacturers are increasingly turning to integrated finance options to accelerate their digitalisation journey.
Economic Times of India, Labour shortage may break supply chain in Coronavirus lockdown
1
extension, 10 Apr 2020 2
Food Management Today, CCF details impact of
Asia Pacific Food Industry, Unlocking the benefits of digitisation in the food and beverage industry, 8
coronavirus on cold chain businesses, 8 Apr 2020 3
Oct 2018 4
Siemens Financial Services, Rising to the new challenge: the role of Smart Finance in helping
navigate the economic ‘new normal’, 2020 5
manufacturers? 6
Siemens Financial Services, The Digitalisation Productivity Bonus in the UK, What value does digitalisation offer Food & Beverage
Osisoft, ‘Deschutes: Better Data for Better Beer’, 2017 and Fortune, ‘Big data meets the beer
industry’, 29 Jan 2019 7
Prescouter, ‘How Food and Beverage Companies Are Implementing AI for Supply Chain
Management’, July 2017 8
2020 10
Food Drink Europe, Data & Trends 2019
9The Economist, The business of survival, 11 Apr Siemens Financial Services, Countdown to the
Tipping Point for Industry 4.0, April 2019, Estimates the time period to the “tipping point” for investment – when 50% of the global manufacturing community will have substantially converted to Industry 4.0 platforms
Siemens Financial Services
new.siemens.com
GF Piping Systems Butterfly Valve 565
Beats metal in every round
www.gfps.com/565
George Fischer Sales Limited Coventry, CV2 2ST
uk.ps@
georgfischer.com 02476 535 535
www.gfps.com/uk
Lightweight
Highly reliable Cost-effective Direct replacement
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