|By PR Newswire||
|February 11, 2014 12:33 PM EST||
-- Frost & Sullivan announces release of best practice research highlighting solutions that drive value beyond compliance
MOUNTAIN VIEW, California, Feb. 11, 2014 /PRNewswire/ -- As the Food Safety Modernization Act (FSMA) regulatory deadlines loom for the massive U.S. food and beverage (F&B) industry, the entire value chain – from farm to fork – faces unprecedented challenges in achieving compliance. The good news: best in class solutions exist now to not only smooth the path to compliance, but to create value beyond compliance by enhancing manufacturing process performance.
Frost & Sullivan's ongoing research on FSMA's expected impacts in the F&B industry uncovers best-in-class products and solutions that will drive compliance and improve operational excellence in key manufacturing applications. The white paper will be published Feb. 20, 2014.
"We are very excited to recognize top solutions providers in the F&B space," said Frost & Sullivan Vice President for the Industrial Automation and Process Control Group, Sath Rao. "Compliance with requirement provides an unprecedented opportunity for the industry to strive for the next level in manufacturing excellence. Manufacturers need visibility into innovative products and services that drive food safety, security, and process sustainability, in their plants."
The Top 25 white paper entitled Achieving Value Beyond Compliance: How the Food and Beverage Industry Extracts Value by Working with the Top 25 Best-in-Class Companies, leverages end-user interviews and solution provider ecosystem discussions, as well as objective input from a decision-support matrix focused on various factors, including:
- Impact on food and beverage manufacturing competitiveness
- Impact on facilitating FSMA compliance
- Ability to enable critical future requirements
"This Act promises changes to the industry that will affect demand for critical equipment, including pumps, automation and motors," said Frost & Sullivan Global Research Leader, Laurel Donoho. "This research alerts the food and beverage industry to best-in-class solution providers, which supports manufacturers in finding effective partners to solve pain points, and suppliers to drive industry innovation."
The F&B industry faces multiple challenges as compliance deadlines approach, including:
- Ensuring timely and complete compliance with FSMA regulations
- Seeking a greater ROI by looking beyond compliance to operational excellence
- Identifying and mitigating safety risks
Significant opportunity for suppliers exists based on helping the industry overcome these challenges. In efforts to spark adoption of these best practices, the Top 25 white paper will be presented at the 2014 Excellence in Best Practices gala in Coronado, Calif., and will include evaluation of suppliers in the following categories:
- Automation controls
- Pumps, valves, seals/gaskets, mixers and blenders
- Traceability software
- System integrators
- Third party auditing
"We look forward to recognizing the top firms' contributions to a more effective, efficient and compliant industry," said Mr. Rao.
If you are interested in more information on this research, please email Liz Clark, Corporate Communications, at [email protected] with your full contact details, company name and website, city, and country.
About Frost & Sullivan
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Corporate Communications – North America
E: [email protected]