Title: Blockchain For Meat Industry
1- A VIABLE TECHNOLOGY BENEFITING MEAT SUPPLY CHAINS
OVER THE YEARS!
2Meat supply chain blockchain
- A robust technology powering up the meat supply
chain business operations. - The production of meat is widespread all across
the globe since we people love to eat meat and
meat products on a large scale. With the
consistently rising demand for the meat products,
the market for the meat supply chains has grown
up to the mark in the industry in the recent
times.
3Meat supply chain blockchain has come out as the
best technology solution to address all the
complexities concerning the meat supply chains
thus working right away in bringing a better
customer satisfaction and experience by meeting
all the demands put forth by the end users.
Conventional supply chain models are found to lag
at this point as they dont have the enough stuff
in fulfilling all the customer requirements and
demands. They need to get renovated yet in a lot
of ways so as to meet those industry and customer
needs and which could be made possible with the
integration of potential technologies like
blockchain. Blockchain for meat industry stands
out in every arena of the meat supply chains
today in carrying out the best results ever. By
the way, we can come to know about the value that
it holds over the supply chain execution and
management strategies.
4What are the major challenges with the product
(meat) supply chains?
- Product counterfeiting Counterfeiting is
observed to be one of the most common challenges
of the supply chain industry as of now. - Regulatory restrictions With respect to the
rising regulatory constraints raised consistently
from the governmental side, the product supply
chain stakeholders find it difficult to make
trades smoothly in the market. - Supply chain complexities Product supply chains
in general are complex in nature with a lot of
phases involved right from production and supply
to the table. - Consumer demands There is a constant evolution
and update in the needs and requirements of the
modern-day product consumers. As a result, the
demands and trend set of the industry changes
with time to time and it is actually the duty of
the supply chain stakeholders to enrich the
quality of the products accordingly.
5- Food safety Nowadays, the consumers are
increasingly having health consciousness, which
make them going out for checking the safety of
the food products they consume. - Traceability Consumers want to have the complete
details of the product right from its origin
phase to the end consumption so as to ensure its
quality with ease. The market is now being filled
with products coming up with a lot of impurities
and here is where the fraudulence issues seem to
raise. This threatens the consumers very much
when it comes to buying a product and consuming
it. - Transparency It is what actually the basic
factor that defines the success of any product
supply chain. Yes! It makes it the data
transparent and to be open to all the
participants of the network thus making the
system ethical and error-free. 100 transparency
is a must for any product to go global with high
standards at ease. - Sustainability Only if a product satisfies all
the expectations raised from the consumers side,
it can have the enough sustainability to be in
the market in a long run. Gaining trust is what
that actually brings sustainability for a product
in place. Hence it should pass all the required
qualifications in order to be free from the
sustainability issues that are about to rise.
6The role of blockchain for meat industry in
addressing out the supply chain challenges
- Meat supply chain blockchain, being the vital
technology standing out to address the supply
chain complexities and challenges is depicted to
be the technology of the future. No matter what
it means for effectual supply chain management,
the supply chain enthusiasts find it a gift as it
holds a lot of promising traits for the
improvement of supply chain businesses going
forward in todays business economy. - Well what actually is blockchain? It is a
pioneering distributing ledger technology meant
for recording the business transactions and the
appropriate data in a public ledger. Whenever a
transaction gets initiated and proceeded in a
complex supply chain network, the blockchain
works right away in recording and storing the
information corresponding to the transaction
safely in the ledger for future reference.
Blockchain eases out the payment transactions as
well when it comes to the product supply chain
systems.
7Closing thoughts
- Thanks to blockchain for its inevitable use cases
in the supply chain industry! Yes, it offers
power pact features for the welfare of the future
supply chain systems thereby making the products
stand strong in the industry. It reduces the cost
of supply chain operations, yet helps in
improving the efficiency. Thus, adopting out for
a blockchain solution would obviously be the
right choice for any food or meat supply chain
venture right to attain its goals at the right
time with enriched profit.
8- Thanks for watching out this Presentation
- For more details Visit https//tracefood.io/