THE ROLE OF INNOVATION IN THE DEVELOPMENT OF FOOD INDUSTRY ENTERPRISES

Abstract

The problem of the role of innovation in the development of the economy of a food enterprise is considered. All the main problems that could or have occurred on the production lines of a food enterprise were reviewed and described. A description of problems and their possible solutions can be useful for preventing and solving problems that have arisen in a food industry enterprise, reducing costs and increasing profits, increasing productivity and product quality, and expanding the sales market. To implement this topic, data collection and analysis was carried out on key production efficiency indicators, trends, patterns and problem areas were identified based on statistical data, researched and statistical data of production processes in the food industry were analyzed. Methods for improving production processes through the introduction of innovations such as new technologies, production automation, improved management and quality control methods were also studied.