[Infographic] Food Processing
The food processing industry is facing down an array of risks threatening to steal their lunch money. This year, the risks eating away at all food manufacturers include tightening regulation, supply chain disruption, labor costs and retention, pricing pressure, economic conditions and cybersecurity breaches.
With crops and livestock production particularly prone to disruption due to volatile weather and rising energy costs, food manufacturers are scrambling to secure their supply chains. Increased emphasis on food sourcing and production practices are also spurring greater risk of product quality issues and reputational damage. And as they work to serve customers hungry for their products worldwide, international risks are expanding.
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