5 minute read
Farm to Fork
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Supply Chains May Take 1-2 Years to Recover
Food Logistics’ editor-in-chief Marina Mayer sits down with John Paxton, CEO, MHI, to learn about how businesses are handling supply chain disruptions and what’s in store for 2022.
“The current disruptions in supply chains will be resolved, but it may take the next 1-2 years, not months, to fully recover from the pandemic impacts. I believe disruption will be a normal condition moving forward, and companies will need to be able to adapt. Though no one wants disruptions in the supply chain, one outcome is that these disruptions have accelerated innovation as companies look for ways to adapt. It will be the way that firms respond that will make the difference if they can succeed in the future,” Paxton says. Scan the QR code now to read the full interview..
Packaging a Sustainable Future
Now, more than ever, there is a race to establish alternatives to single-use packaging in the wake of new legislation and tax penalties.
“There are a number of reasons why well-intended corporate efforts to establish sustainable packaging are not progressing,” John Blake, senior director analyst, Gartner Supply Chain says. “For example, most kinds of plastics are not broadly recyclable, and even if they were—the recycling infrastructure and the aftermarket for recycled materials are far from mature. Therefore, the overwhelming amount of packaging today is not technically recyclable or is not widely recycled in practice.”
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Why Most Businesses are Thinking Wrong About Sustainability
The organizations delivering longterm sustainable results evaluate projects through three distinct lenses of planet, people and profit. Done right, the best projects impact all three areas and help direct decision making.
But, how can organizations begin to make smarter sustainability decisions rooted in environmental stewardship, safer operations and fiscal responsibility? In this expert column, Ryan Lynch, VP of marketing at Concentric, an OnPoint Group company, explains why adopting the triple bottom line definition for your sustainability efforts encourages culture’s ability to select, evaluate and implement better, more sustainable projects for your organization.
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Top 10 Trends Shaping Future of Food and AgTech in 2022
The food and AgTech industries are entering a global food transition, much like the global energy transition, according to S2G Ventures, and changing consumer preferences, climate change and shifts in the capital market landscape will continue to shape the future of both food and AgTech.
“The food transition is still in its infancy but is being propelled by seismic tailwinds -- massive demographic change spurring new consumer demand, significant advancements in the biology, chemistry and physics of food production to create new choices and now capital markets anchored by ESG that want to fund high growth, disruptive companies,” says Sanjeev Krishnan, S2G Ventures managing director and chief investment officer.
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Food Waste Reduction Becomes Top Priority for Smithfield Foods
Smithfield Foods is the latest food company to focus on food waste reduction, pledging to cut its food waste in half by the year 2030.
More than one-third of the food produced in the United States is never eaten, according to the EPA, which wastes the resources used to produce it and leaves a significant impact on the environment. The amount of water and energy used to grow and create this amount of food waste in the country could power more than 50 million and causes more greenhouse gases than 42 coal-fired plants.
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New Year, New Supply Chain Risks
Everstream Analytics cites ocean freight bottlenecks, changing workplace and increased regulations rank as some of the Top 5 supply chain risks for 2022.
“Pandemic shortages have revealed the global supply chain’s fragile interdependence, pushing companies in every industry toward comprehensive risk assessments and flexible response plans,“ says Julie Gerdeman, CEO, Everstream Analytics. “We developed the Everstream 2022 Risk Report to provide advice and commentary on where to double down on risk mitigation efforts to keep supply chains stable.”
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Supply Chain Disruptions Courtesy of the FDA
The Food & Drug Administration (FDA) is now ratcheting up enforcement of the Foreign Supplier Verification Program (FSVP). With peak season in full swing, importers to the United States are concerned that interference by a government agency may disrupt their business. It requires importers to verify that their foreign suppliers of food for human and animal consumption meet applicable FDA safety standards. The purpose of this piece of legislation is to make certain that food safety procedures are consistent across every product meant for human or animal consumption in the United States, regardless of its place of origin. Additionally, goods in that category must be properly labeled and handled regarding allergens. Importers are required to uphold standards outlined in the FSVP and the FDA enforces compliance.
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Cleaning up the Supply Chain
Outsourcing sanitation services will help control costs and reduce burden on internal staff. The key is finding a quality provider that can deliver consistent outcomes and scale as you respond to the need for food processing, production and distribution space. Eric Kirchhoefer, VP, sales and national accounts for ABM, gives readers insight into choosing the right sanitation provider in this expert column. Scan the QR code now to read on.
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Scandit’s ShelfView Shows Shelving in Real-Time
Scandit released ShelfView, which offers real-time views of shelves for greater control over supply chain needs. Advanced computer vision is used to create real-time data and information. New visibility measures continue to pop up in the industry as companies hope to solve supply chain issues caused by COVID-19.
