Leveraging digital supply chain technologies—like blockchain, AI, and other solutions—can help importers comply with FDA's Foreign Supplier Verification Program (FSVP) more efficiently and effectively, while also improving supply chain transparency and reducing the risk of food safety incidents.
Fresh Del Monte has invested a stake in Decapolis to provide end-to-end traceability for Fresh Del Monte’s food products, with plans to make the platform available to other businesses.
There's been a lot of hype about Blockchain — in fact, it uses networking and distributed database technology with encryption, security and much more. But should you jump on the bandwagon now?
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.
GS1 US has published a new guideline titled “Applying GS1 Standards for Supply Chain Visibility in Blockchain Applications,” an educational resource that can help industry enable supply chain visibility in blockchain implementations by leveraging GS1 Standards.