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The technology that brought you Bitcoin is beginning to make waves in the food manufacturing industry. The benefits become obvious in the event of a foodborne illness outbreak. Traceability can be reduced to seconds, so the response is greatly accelerated, potential product loss is minimized and long-range costs and damage to the brand can be significantly reduced.
Manufacturers displayed an abundance of resiliency in responding to the COVID-19 pandemic, and about half say their manufacturing business will be thriving a year from now, according to the 2021 Manufacturing CFO Outlook Survey of middle market manufacturers.