Use Technologies to reduce waste & minimise losses
Combating tonnes of wastage and keeping losses at a minimum is crucial for the Food & Beverage Industry, given the huge margins for expiration.
The UK's food & beverage industry, from manufactures to supermarkets experience tonnes of waste every year, which directly impacts profitability.
WRAP is an organisation, operating in the UK, who work with Governments & corporations to improve sustainable economic growth and environmental developments.
"Approximately one-third of all food produced in the world is lost or wasted."
- This estimate was drawn from both WRAP's research, as well as findings from the Food & Agriculture Organization of the United Nations.
Below is an Infograph highlighting predictions surrounding food & drink wastage statistics throughout the UK's supply chain.
With more than half of the UK's wastage being avoidable, it is advised that Businesses should seek opportunities and developments, which can implement changes regarding sustainable growth and mitigating losses.
Technological Solutions for Environmental & Economic Issues
Much research in the food & drink industry has nodded towards technological solutions, in attempt to combat waste and profits, as a by-product.
This issue must be tackled as both an Industry and by individual Businesses
Among more widespread campaigns, such as the work done by WRAP to raise awareness and set targets for waste reductions & efficiency maximisations, there are a number of ways each business can re-structure operations to contribute to more sustainable practices:
Logistical analysis for improvements & digitalise stock controls
High wastage can be contributed by both over-supply and under-supply. Manual stock counts & inaccurate predictions, particularly for Van Sales businesses can exacerbate the inevitability of food wastage.
- Utilising technologies to calculate stock, predict sales and amounts of products needed, as well as intuitively predicting which customers may need more of certain items, provides the ability to cut down wastage.
- CRMs allow businesses to predict sales for specific customers, giving time to accomodate for these additional demands, and manage inventories effectively, keeping wastage low.
- More precise calculations through incorporated technological assistance means industries can manage and predict stocks more accurately, with no need for surplus stocks, which inevitably end up as wastage.
An environmentally sustainable stance in an age which requires efficiency and high demand can be tricky. Changing customer demands and large amounts of stock requires systems which calculate precisely.
You can see our full feature list here, or go to our contact page to have one of our team reach out to discuss a personalised plan for your business.