_______________________________________________________________________________________________________ Packaging
Smart labels
Boosting security , safety and sustainability in the food and beverage supply chain
In recent years , the food and beverage supply chain has faced many challenges , from the global pandemic to geopolitical tensions , coupled with the rising frequency of extreme weather events . These disruptions have exposed the fragility of this highly complex network , which relies on seamless coordination among growers , processors , distributors , and retailers .
A global survey conducted by WTW underscores the increasing concern among industry leaders , revealing that 40 percent of decision-makers in leading food and beverage companies view supply chain disruptions as the most significant threat to their success over the next three to five years . However , a McKinsey survey highlights a critical gap : 45 percent of respondents admitted to having either no visibility into their upstream supply chain or limited insights confined to their first-tier suppliers . This lack of comprehensive oversight underscores the urgent need for businesses to prioritize endto-end supply chain visibility – harnessing accurate , actionable insights at every stage to mitigate risks effectively .
A promising solution to these challenges lies in the adoption of innovative packaging technologies , which are increasingly pivotal in identifying and addressing inefficiencies within the supply chain . Smart labels , equipped with real-time tracking capabilities , enable organizations to monitor goods at every stage of their journey . By leveraging such technology , businesses can proactively identify potential limitations or disruptions and implement measures before these issues escalate .
Theft in the food and beverage supply chain
The food and beverage industry faces an escalating crisis as it emerges as the top target for theft within the global supply chain . According to the BSI ’ s Supply Chain Risk
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