FMCG manufacturers stress need for long-term digital strategy to deploy industry 4.0 for sustained growth ANI | Updated: Apr 07, 2021 17:26 IST
New Delhi [India], April 7 (ANI/BusinessWire India): In a recently concluded webinar organised by Rockwell Automation titled The Future of Supply Chain Automation business leaders from India s leading fast-moving consumer goods (FMCG) manufacturers emphasised the need for a long-term digital transformation strategy that leverages Industry 4.0 technologies at the enterprise level to better manage future disruptions caused by supply and demand shocks.
Convinced that supply chain visibility and speed to market will determine success, the common view to emerge was that companies in the sector need to invest in tech-led solutions for creating an efficient, resilient, and agile supply chain that enables business continuity.
FMCG manufacturers stress need for long-term digital strategy to deploy industry 4 0 for sustained growth
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Hindustan Coca-Cola Beverages (HCCB), one of India s top FMCG companies, has ramped up its renewable & clean energy capacity to meet 50% of its energy requirements through these sources. The feat has enabled the company to offset 46,500 tonnes of carbon emission per annum with solar and wind energy and 30,000 tonnes of carbon emission per annum using bio-mass fuel in its boilers. The consolidated impact of using 50% renewable & clean energy by HCCB on the climate is thus equivalent to a reduction in global warming achieved by 3,5000,000 trees per year. The milestone is in sync with the company’s plan to reduce its carbon emissions 25% by 2030 from a 2015 base year (science-based target).