In the Food and Wine industries there is a growing demand from stakeholders such as customers, potential investors and partners for businesses to be more transparent and sustainable. These stakeholders are also more willing and able than ever to pay more for products from businesses that fulfil these needs. Likewise, a growing number of investors, and corporations expect their suppliers to implement traceability systems and protocols for increased quality assurance and logistical intelligence. This shift in stakeholders’ attitudes and preferences is forcing businesses to evolve and re-think and modify their supply chains.
Whilst Implementing traceability systems into your businesses supply chain can help improve relationships with existing, and new stakeholders, it can assist in better attaining the businesses organisational goals, explicitly achieving the businesses sustainable goals.
Traceability systems and achieving sustainable goals
Implementing traceability systems into your businesses supply chain can help you assist your business in the following ways:
REDUCING THE BUSINESSES CARBON FOOTPRINT
Traceability can provide businesses with the ability to trace, and track products as they move along the supply chain and access information about the provenance of inputs, supplier sourcing practices, and conversion processes. In order to reduce the carbon footprint that occurs throughout supply chains, businesses must be able to collect and track reliable and trusted data accurately and repeatedly. Traceability systems are beneficial for businesses that are looking to become “greener” as it allows them to monitor, and track carbon emissions across the supply chain in real-time and make connections between all the different participants in the supply chain. Likewise, incorporating traceability systems allow for better transparency and accountability between all of the supply chain participants. Lastly, traceability systems can allow your business to identify where the emissions are coming from, and from this data and information effective strategies can be implemented to reduce the level of emissions.
REDUCING FOOD LOSS AND WASTE
To reduce food loss and wastage during the transportation processes it is important to connect the different stages of the food supply chain. This can be achieved by incorporating food traceability systems into your business operations. This will allow you to have more transparency within the business operations and provides you with the ability to track and receive alerts when the produce has arrived at different points in the supply chain. Incorporating traceability systems can help your business be more efficient as you can access information in real-time, and resolve issues quickly.
At eBottli, we’re experts in supply chain security and traceability. Whether you are a producer, supplier or transporter, traceability systems can assist your business in achieving it’s sustainable goals whilst creating greater trust and confidence within your stakeholders.