Impact of the fourth industrial revolution on food industry

Perspectives and disturbing factors

Abstract

The fourth industrial revolution has a great impact on many areas of the economy. It influences the processes during production / supply visualization, while optimizing supply chain, inventory and production planning, as well as ERP (Enterprise Resource Planning), MES (Manufacturing Execution System) and SMC (Supply Chain Management). It also creates new opportunities for development in the food industry, for increasing efficiency and for making better use of available capacities. Within the frame of this article, the authors describe the potentials of Industry 4.0 in the food industry and present the results of the survey on the digitization of the food industry using literature sources. They discuss the challenges affecting the food industry and outline the main content elements of the food industry development strategy. The last part of the article describes the factors that hinder the development of the food industry.