Thank you for Subscribing to Food Business Review Weekly Brief
Thank you for Subscribing to Food Business Review Weekly Brief
By
Food Business Review | Sunday, February 06, 2022
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
By using AI, predictive analytics, and machine learning (ML) to know the remaining shelf-life of produce, grocers can precisely plan when and where to send it. Thus, there are fewer "surprises" because guesswork (often based on primitive and inaccurate visual assessments) is taken out of the equation. As a result, technology has improved inventory management and supply chain visibility in the food and beverage industry.
Application of AI to the Supply Chain:
Retailers increasingly turn to technology to tackle fresh food supply chain challenges, diminish waste, and enhance inventory management. Retailers consider AI's most potent ability to improve supply chain management lies in planning insights' speed and quality. Improvements in the direction of the fresh food supply chain result from AI, combined with the right data. AI can reduce waste related to overstocking and under-stocking by enhancing the freshness of the product and streamlining the inventory management process.
IoT devises Enhancing Data Incorporation:
Conditioned sensors can resolve the problem of the inaccessibility of reliable and accurate data by placing an autonomous IoT detector in each pallet at harvest. For example, an automatic data yield can be culled about that pallet every minute or at a specific interval of choice. Moreover, the data fed into the AI-based system need no manual intervention, so the chances of error are virtually removed, and labor costs are reduced.
AI-based Freshness Management:
Understanding how to apply AI in freshness management with a clear objective is essential. The results from an AI-based system are only as good as the data that goes into it to help construct and adjust the models. For example, the freshness management procedure allows grocers to know the useful remaining shelf-life of a product at their distribution centers to improve organization and inventory management, minimize waste, and enhance operations and productivity.
However, if you would like to share the information in this article, you may use the link below:
https://www.foodbusinessreviewapac.com/news/ai-caused-development-in-food-supply-chain-nwid-374.html