Know Why Food Chain Transparency Is The Crucial Goal Of Supply Chain

1. Know Why Food Chain Transparency Is The Crucial Goal Of Supply Chain In the current world, the number of conscious people has significantly changed. Many people across the world have started talking about climate change with its consequences and transparency issues. According to a 2018 report, 93% of customers consider the availability of information on production process and ingredients of processed food items. So, it’s the right time for transparency in food chain and it should be taken seriously in supply chain of foods. What is wrong with food chain? In spite of increase in domestic and global regulations, we often come across new scandals. We read stories that state the presence of germs & unhealthy substances in food items. In fact, there are uncovered stories, such as forced child labour,

2. human slavery in crop fields, and animal cruelty, behind such scandals. These scandals come out from time-to time even when supposedly independent certificates and institutions are even met, Why should all the stakeholders care? It is not sufficient to point out only problems when food related issues are serious. Providing solutions to these issues will be beneficial. Apart from making patrons satisfied with their expectations and demand, transparent food chains give several advantages to all the associates of food supply chain. Here are some of those benefits: Transparency facilitates companies in the efficient management of recalls and risks timely. With it, maintaining high quality in food products and complying with strict rules & regulations become more comfortable for the stakeholder, especially manufacturers.

3. Apart from customers, employees working within an organisation have stated asking questions on transparency. They do this, as they know that they have promotions and salary increments when they will make their firm as a trustworthy or reliable company for customers. Transparency also provides a deep understanding of product-related information that helps the supply chain or logistics professionals handle products with utmost care. Can profit and transparency go hand in hand? You have a clear answer to this query when you look at this example, which states that the food industry will have cost savings of around $31 billion by 2024 with the use of IOT and Blockchain technology. Such a technology aims to bring transparency in supply chain. T for technology and transparency Typically, technology, like IoT and Blockchain, has been represented as a solution to transparency issues since invention. IoT-based applications with varied types of sensors are installed to track all the processes associated with food items. Their provided data helps all the stakeholders be aware of the forthcoming issues earlier and suggest how to get rid of the same. Proper installation and recommendation of IoTs and Blockchain applications bring the transparency asked by customers as well as employees. Conclusion Transparency is the one you, as a business owner (especially of food industry), can’t ignore. Start working to optimise all the processes, from manufacturing to delivery, in your business operation. Look for the right technological solutions if you find manual optimisation of your food business is doing nothing to cater your customer’s demand and expectations, apart from your employees.