Part 2 : Why Existing Supply Chain sucks big time ?

The food chains are part of our daily lives everywhere. Sometimes we least pay attention to it —

but in fact every time you fill up your fridge or go to a supermarket — this is the food chain you use.

It comprises all the actors involved in the production, processing, storage and distribution of food can be :

Old Food Supply Chain System

1. Production: The production phase represents all agricultural activities implemented within the farm. The farmer uses raw and organic material (fertilizers, seeds, animal breeds and feeds) to grow crops and livestock. Throughout the year, depending on the cultivations and/or animal production cycle, we can have one or more harvest/yield.
2. Processing: This phase concerns the transformation, total or partial, of a primary product into one or more other secondary products. Subsequently a packaging phase is expected, where each package might be uniquely identified through a production batch code containing information such as the production day and the list of raw materials used.
3. Distribution: Once packaged and labeled, the product is released for the distribution phase. Depending on the product, delivery time might be set within a certain range and there might be a product storage step (Storage).
4. Retailing: At the end of the distribution, the products are delivered to retailers who perform the sale of the product (Retailers). The end-user of the chain will be the customer, who will purchase the product (Customer).
5. Consumption: The consumer is the end user of the chain, he/she buys the product and demands traceable information on quality standards, country origin, production methods, etc.

This current system is till date inefficient and unreliable…

In part 3 of this blog post , we talk about how these food supply chain problems can be solved by block chain technology followed by its benefits in part 4

P.S : Wondering what’s the big fuzz about blockchain technology !?Read This