The growth of technology today in every industry, along with the food supply chain has pushed the boundaries of digitization and has managed to changed our day to day lives. Just as any other industry food and beverage industry has an important role to play in a growing economy.
Globalization, safety, regulation, efficiency, and refrigerants are now leading variables in food supply chain management. New, better and innovative technologies are introducing faster, safer and more intelligent ways to design, optimize and manage the food supply chain and logistics companies in India.
Food Safety and Security: Food quality and security is the topmost priority in the food and beverage supply chain. In order to ensure topmost quality, it requires more than loading goods into a refrigerated container, adjusting the temperature settings and loading it onto a container ship. End to End visibility in the global supply chain is highly required to make sure that the products are not deteriorated in quality during the journey.
Predictive Analytics: Predictive Analytics enables real-time decision making and forward planning on both strategy and performance. The ability to be proactive and predicting the future will allow predictive analysis to be next thing in supply chain business. Improving forecast accuracy, optimizing transportation performance, improving product tracking & traceability and analyzing product returns are best areas to use predictive analytics.
Food Waste Problem: Around one-third of the food that is produced globally is wasted . Wasting food not only means that resources are wasted but the greenhouse gas emissions that it emits also has dangerous effects and would be one of the major focus areas towards socio-economic progress.
How AWL can help you implement the best practices mentioned?
AWL provides end to end supply chain visibility which allows companies to take proactive measure towards efficient transit. Real time data provides great insights for supply chain entrepreneurs review and optimize supply chain operations and to uncover inefficiencies and costs. Along with the optimized shipping costs, improving visibility, AWL will help you mitigate the inherent risks of a global food supply chain ensuring early detection of deteriorated food quality and availability. This, in turn, maximises the product quality and optimises shelf life of products.