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
Maersk announced it plans to launch the world’s first carbon-neutral liner vessel in 2023, which will have a methanol engine
Barcelona, March 4, 2021.- What consequence does decarbonisation have for maritime transport prices? The English television BBC has published a report focusing on the Danish company Maersk and its immediate plans to abandon fossil fuels.
Barcelona, March 3, 2021.- Bloomberg has published a report on the adoption of electric motors in different modes of transport, including by country: Looking beyond passenger cars, several ‘killer apps’ are emerging for electrification in the 2020s. Two- and three-wheeled vehicles (scooters, mopeds, motorcycles, tuktuks and rickshaws) and municipal buses are already going electric quickly… Read more
Logistics Management: The #logistics keys to face the uncertainties of the different economic sectors
Barcelona, February 24, 2024.- The Logistics Management magazine has published a great analysis on the challenges that logistics professionals face in the coming months. Here is a summary:
Barcelona February 13, 2021.- According to FitchRatings, the recovery of the different modes of freight transport (road, rail, air and maritime) will follow a different rhythm. Air traffic is most affected by travel restrictions and will take until 2024 to recover to 2019 levels, putting pressure on airlines and airports. Although these sectors will improve… Read more
Barcelona, February 4, 2021.- The economic magazine Forbes has published an analysis by David A. Teich, an expert in AI, about the benefits of implementing artificial intelligence solutions with current solutions to manage the information of any type of company. For example, in the administration of commercial contracts.
Barcelona, January 24, 2021.- The current situation invites us to seek new logistics solutions to gain efficiency. For this reason, we liked reading this case study about the manufacturer Kraft Heinz.
The British Ports Association: “The UK is definitely leaving the EU’s Customs Union and Single Market which means major changes for cross border trade”
Barcelona, January 14, 2021.- Merchandise trade between the UK and the EU will change significantly from the next few months. Public Administrations and private carriers’ employers haven´t yet calculated the true impact of Brexit. But, without a doubt, carriers and supply chains with the UK will undergo a change in processes, taxes, routes, etc., the… Read more
Amazon is buying 11 used Boeing 767-300 jets from Delta and WestJet, the first time it has bought rather than leased
Barcelona, January 10, 2021.- Amazon has decided to buy planes, rather than rent them, taking advantage of the economic crisis of COVID-19 for airlines. Amazon continues its career to be one more logistics operator, along with traditional brands such as Fedex and UPS, as we already reported here four years ago.
Barcelona, January 4, 2021.- A world in full digital transformation of companies and homes needs competitive, demanding and efficient cybersecurity protocols. The Gartner Technology Consultant certifies this with this analysis and the following keys: “Faced with a range of obstacles, from slowing budget growth to dissatisfied boards, business and security leaders are being challenged to… Read more
Barcelona, December 24, 2020.- The news agency Reuters has published the following information about the thousands of trucks trapped in Dover, on the border between France and the UK. Reuters: Stanislaw Olbrich, a 55-year-old truck driver stranded 24 miles north of Dover after much of the world shut borders to Britain, just wants to get… Read more