Blockchain can play an important role in track and trace, but not purity or freshness
March 16, 2020
Blockchain technology allows retailers, suppliers and anyone who has access to the software, to have real-time information on a product’s origination and the stops it made along the way before it reaches its destination. However, when it comes to olive oil, blockchain can be useful in determining provenance and delivery path, but not the purity or freshness of the product.
It could be months before shoppers notice the impact of coronavirus on store shelves, but there’s a lot manufacturers and suppliers can do to mitigate any impact.
When the New Era of Smarter Food Safety plan was announced by the Food and Drug Administration in April, a strong emphasis was placed on the “modernization” aspect of the Food Safety Modernization Act (FSMA).
Severin Weiss, CEO of SpecPage and an expert in integrated software process solutions for recipe-based food and beverage processors, thinks PLM (product lifecycle management) and PDM (product data management) are two sets of tools that can help food processors avoid using fraudulent ingredients from less-than-scrupulous suppliers.
A recent study on date stamping shows that confusion over date marking and other food label information contributes to as much as 10 percent of the annual 88 million tonnes (97 US tons) of food waste in the European Union.
The global sanitary food and beverage packaging market is likely to grow at a CAGR of nearly 6% during the forecast period 2017-2021, according to Future Market Insights (FMI). Increasing emphasis on maintaining food safety during the supply chain is promoting investments by manufacturers.
The landscape of solutions for optimizing efficiencies across a food brand’s supply-chain is constantly changing at the pace of the technology sector. And that pace of change can feel rapid.