As a food manufacturer, the job does not start—or end—with your organization. You do not grow food in your facility, and you do not place it by hand into the refrigerators and store locations around the world. You outsource the bulk of your production operations, assemble goods and ship them out to your vendors.
Unfortunately, a lot of food gets lost along the way due to supply chain inefficiency. In fact, a recent report issued by the World Economic Forum indicates that supply chain inefficiency contributes to about 1.3 billion tons of lost food every year. The report goes on to explain that agriculture and consumer policies currently dictate production improvements, yet there is still insufficient action on supply chain and trade connections throughout the global food industry.
Further, in economically challenged regions, 94 percent of food loss and waste comes from supply chain inefficiency. However, only five percent of agricultural funding is spent on improving postharvest conditions.
Supply chain inefficiency can take a serious toll on the reputation of food manufacturers and distributors. Supply chains therefore need to work together in order to ensure that goods are grown, received, packaged and delivered in accordance with government- and enterprise-issued standards. Everyone should be working off of a single, remote enterprise quality management hub, such as InfinityQS ProFicient, to ensure that this happens. With the help of a single data repository, food data can be taken at its source and followed all the way until it reaches the end destination of a vendor and is purchased by a consumer.
So, how much control do you have over your enterprise supply chain? Do you know where all of your products come from, and where they wind up? Please click here for more information about how InfinityQS can help you achieve this in your enterprise.