Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Technological Advances Disrupt Meat Industry, Prompt Industry Leaders To Adapt

July 12, 2018: 12:00 AM EST

Digital disruption, the process by which technological changes are forcing businesses worldwide to re-invent their operations and products, is also affecting the meat industry. Recent steps taken by industry leaders Cargill and Tyson Foods, Inc., are providing a clear insight on how digital innovations are upending the market. For example, Cargill has disposed of its 153-year-old business model to become a “modern, flexible, integrated food company.” For its part, Tyson launched its Tyson Ventures investment arm, which has invested in laboratory-grown meat startups Beyond Meat and Memphis Meats. Also, technology is transforming the industry’s supply chain into a “shortened, more transparent, completely disrupted” model. 

Greg Henderson, "Digital Disruption: Technology is Transforming the Meat Business", Drovers.com, July 12, 2018, © Farm Journal, Inc.
Domains
FOOD BUSINESS NEWS
Market Segments
News
Production
Source & Supply Chain
Meat & Meat Products
Geographies
Worldwide
North America
United States of America
Categories
Innovation & New Ideas
Innovations
Market News
Other
Developed by Yuri Ingultsov Software Lab.