Supply Chain is Tackling Food Waste Like Never Before!

Consumers are demanding more from the companies they buy from, and Supply Chain Management is at the forefront of delivering that increased responsibility. Consumers increasingly want goods that are produced ethically, sustainably, and with a minimum of waste.

With the prevalence of digital technologies like Blockchain, companies have more tools at their disposal to dig into their supply chains and make sure that they meet these consumer standards – and if they don’t, they have less of an excuse.

One Supply Chain Sustainability topic that’s been getting a lot of attention lately is the issue of food waste.

A fascinating new article in Bloomberg digs into the magnitude of the issue, and the efforts ramping up – some backed by big venture capital investment – to stop it.

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How Technology Can Help Tackle Food Waste!

How to tackle food waste is a major issue in this country, but it is one that is thankfully gaining more attention. It is estimated that $161 billion worth of food is wasted every year in America, and about 30% to 40% of our food supply goes to waste.

These are harrowing numbers, especially when considering the number of people in this country that deal with food insecurity and the toll food waste takes on the environment. A lot of this waste is caused by inefficiencies in the supply chain.

Let’s take a look at a few ways technology could help tackle this growing problem.

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