There are only a few
basic things that the human body needs in order to survive and these are food,
water, shelter and clothing. It makes no
difference where you are in the world, the needs are fundamentally the
same. Does it make sense then that since
there is a steady demand for commodities that fulfill those needs, is it a
profitable industry to be a part of? The capacity to sustain life will not
ensure success for a food manufacturer.
The food supply system is much more complicated than that. It involves
science, technology, logistics and management disciplines and marketing
strategies. So anyone who is not passionate
enough to be involved in the food industry is likely to have a business that is
short lived.
The food manufacturer
faces complexities in the science alone, from the source, to the processing,
packaging and ultimately the disposal of each component of the end
product. The food and beverage industry
includes everyone and everything involved in growing, processing, manufacturing
and distribution of food including farmers, stores and restaurants, the
greatest responsibility fall on the food manufacturer. These are the companies that have producing
clearly identified food products, are usually branded and packaged.
The connection between
available resource, distribution channels and target market are the first
things to be considered when thinking of profitability. Simultaneously, product safety, nutrition,
quality and value are considered for product marketability.
Fortunately, the food
manufacturer is not alone in its all-important endeavor. He works together with government branches,
agencies or departments that has the capacity to monitor and provide useful
information and has the duty to create policies beneficial to the industry and
its consumers. There are also teams of food scientists, researchers, food engineers
and health professionals who work alongside the food manufacturer to guarantee
that only the best, healthiest and safest products are produced.
Like all manufacturing
enterprises, profitability is a factor in order to call it a success, but in
the food industry, profits are factored in merely to fuel production and as an
indication that the product has attained consumer satisfaction – a more
definite measure of success. Consumer
satisfaction means that the company’s products have met over all costumer
expectations which would then translate to continuous purchase of the same.
In Australia, where you
can find the most diverse and most abundant resources is also home to most of
the food industry’s well-known brands
and suppliers.
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