Barcelona, August 20, 2019.- The food supply chain is one of the first to innovate tracking processes, from origin to destination. It is a very sensitive industry in the manufacture of products, packaging, transport and distribution. Any failure can become food poisoning with tragic endings. For this reason, we have read an expert in this food industry and he tells us that one of the keys is to know how to process the large volume of data and make business decisions with them. The analysis was written by Harry Menear in the Supply Chain Digital magazine.
The food supply chain is one of the first to innovate tracking processes, from origin to destination. It is a very sensitive industry in the manufacture of products, packaging, transport and distribution. Any failure can become food poisoning with tragic endings. Read in: @softlogisticoTweet
Information is Power
The FMI’s Senior Vice President of Industry Relations, Mark Baum, published his list of the food retail supply chain trends that are defining the industry today. Baum notes that, across all industry supply chains, accurate and digestible information is the key to building successful customer relationships, and food is no exception. Customers are reportedly demanding to know more about their food: where it comes from, what’s in it and where it’s been.
He notes that, “according to FMI’s 2019 U.S. Grocery Shopper Trends report, the average shopper looks for six different claims on the front of the product package, and 70% say having ‘accurate information displayed at the shelf or with the product’ is very important to them.”
The On-Demand supply chain
With the rise of immediate, customer facing food delivery companies like JustEat and Deliveroo, the modern consumer has access to and expects more immediate returns from food supply chains than ever before. The Amazonization of last mile delivery culture means that food is capable of appearing on a customer’s doorstep within hours – or even minutes, if you use something like Postmates – of ordering.
Companies with agile, responsive supply chains are the ones Baum sees as thriving in this new economy of immediacy. “Our supply chain networks will need to become efficient and move faster than ever before, and we’ll see a continued collapse of cycle times as processes continue to get faster and smarter.”
Data, Data and more Data
The level of transparency and potentially valuable insights into supply chains that the data revolution has created are staggering. In the last three years, the amount of data generated in the world exceeded by a dramatic margin all the data previously created in the history of humanity.
Baum notes that, “tracking every case, pallet, vehicle, item and customer in the supply chain will continue to create a vast amount of data. This rich ocean of detailed data, plus years of transaction-level data, will provide the perfect evolutionary conditions for a whole new generation of machine learning and optimization.” The companies that can collect and collate the right data about their food supply chains are the ones that will see the most success going forward.
The level of transparency and potentially valuable insights into supply chains that the data revolution has created are staggering. In the last three years, the amount of data generated in the world exceeded by a dramatic margin all the data previously created in the history of humanity. Read in: @softlogisticoTweet
Barcelona, September 14, 2020.- Amazon obtained authorization in the United States at the end of August for the delivery of parcels through drones. This market does not yet exist and is in the pilot phase in numerous business initiatives. It is still unknown how drone distribution will be integrated with land transport of goods and… Read more
Barcelona, September 3, 2020.- The Commission presents an Action Plan on Critical Raw Materials, the 2020 List of Critical Raw Materials and a foresight study on critical raw materials for strategic technologies and sectors from the 2030 and 2050 perspectives.
Barcelona, August 31, 2020.-
The Chinese Railway 2035: Systems for speedy logistics will also be completed to strengthen domestic goods delivery within three days at most
Barcelona, August 24, 2020.- China disputes the United States for world economic leadership. Its 1,000 million inhabitants are a colossal market with incredible logistics needs. For this reason, investments, for example, in the railway are so necessary. As reported by the china.org:
Barcelona, August 19, 2020.-
Barcelona, July 28, 2020.- Author: Jeff Ashcroft Delivering transformational Digital Commerce integration solutions for Brands, Retailers & Supply Chain leaders that make Distributed Logistics.
Barcelona, July 16, 2020.- The EU is supporting the economic recovery in all Member States by injecting almost €2.2 billion into 140 key transport projects. These projects will help build missing transport links across the continent, support sustainable transport and create jobs. The projects will receive funding through the Connecting Europe Facility (CEF), the EU’s grant… Read more
Barcelona, July 7, 2020.- Six UN agencies have issued a joint statement calling on governments to provide smooth transit and transport for landlocked developing countries (LLDCs), highlighting eTIR as one of the key solutions to support these countries and their trading partners.
Barcelona, June 25, 2020.- Supply chains are adapting to the Post Covid era19. To an unprecedented situation in which for 3 months the supply and demand of the world market has been paralyzed. Now he begins to wake up in the midst of great uncertainty every minute. Logistics and transportation professionals work Monday through Sunday… Read more
The prestigious PWC Consultant has published a study on Process Automation in companies. Below, we have made a summary with the most practical conclusions for management software professionals, applied to transportation and logistics companies.