Some of the biggest challenges facing the food supply concern things like visibility, traceability, and skyrocketing costs. These are happening at the same time consumer shopping behaviors and preferences are shifting, putting additional pressure on food growers, manufacturers, logistics companies, and sellers.
It’s not unreasonable for consumers to expect fresh, safe, and delicious food on their tables at mealtime. But the job of getting food to the right places at the right time has become increasingly challenging.
One thing that the COVID-19 pandemic truly brought home is that smooth, efficient communication between parties is one of the most crucial aspects of successful food supply chain operations.
Effective communication helps companies to respond quickly to counter each disruption while anticipating future challenges. One of the best ways to do that is by using technology.
From cleaning the floors in our homes to grocery deliveries to assisting surgeons in the operating room, autonomous robots are transforming our everyday lives and a variety of industries. Logistics is no exception.
Autonomous robots, such as drones or self-driving vehicles, are intelligent machines that can perform tasks responsively without human control.
If you’ve been paying any attention to the news, you have probably heard that parents across the U.S. are grappling with a baby formula shortage. This situation is causing huge amounts of stress to new parents, some of whom are uncertain if they’ll have enough formula for their baby’s next meal.
The COVID-19 pandemic revealed some glaring weaknesses in the global supply chain. Businesses around the world learned that their networks were rife with error-prone, repeatable, process-oriented tasks, ranging from stocking and picking errors to manual documentation mistakes to problems with shipping and receiving.
Nearly half a century ago, barcodes were the revolutionary solution promising to bring massive improvements to the supply chain. And they did. But supply chains weren't nearly as complex as they are today, with online orders, multi-location warehouses, and the expectation of fast and error-free delivery.
The logistics, warehousing, and transportation industries are complex. Consequently, any business that sells, stores, or ships products needs to learn to work smarter by using all the available resources to improve the efficiency of the supply chain.
Inventory remains one of the most tangible and significant investments of any retail, eCommerce, or manufacturing business. Many business owners fail to realize that inventory can account for up to 30% of the total budget. So, for every $100,000 in products you store, you could be paying up to $30,000 to hold and move them around your warehouse.
The explosion of eCommerce sales is excellent news when it comes to revenue reports for sellers. But, it presents a host of challenges for the supply chain and warehouse managers as online retailers struggle to keep up with the volume and the demands of consumers.