Current supply chain woes have made nearly every aspect of processing an ongoing guessing game, from forecasting ingredient availability to ensuring finished foods arrive at their destinations on time. One way to help make sense of the situation is to invest in track-and-trace technology that can monitor every step of a product’s journey.
While we hope the COVID-19 pandemic is fading into the background, we still need to be concerned with labor shortages, transportation interruptions, political issues, weather extremes, and other peripheral circumstances that can still break critical links in the supply chain.
We hear a lot (really, constantly) about the supply chain and the many causes for it faltering the past year: shortage of labor to move goods—especially truck drivers and dock workers—inconsistent ingredient supplies, record inflation for materials and on and on.
Artificial Intelligence (AI) offers numerous advantages to manufacturers, including synching machinery on a production line, solving supply chain issues, business forecasting, improving food safety standards and waste reduction, as well as yield and quality—all in real time.
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?