There is no denying that products must be traceable to manage quality issues and improve the quality of a product. But it is important to choose Advanced Traceability Solutions to achieve the best readability rate, which results in a higher return on investment.
Again, Food Safety and Traceability have become interrelated as the Food Safety Modernization Act addresses the necessity for rapid and effective tracking and tracing of food to reduce the case of a foodborne illness outbreak or contamination event due to any food product. Food Safety Traceability Software has made the process of food traceability even easier in modern times.
The definition of traceability is necessarily broad because food is a complex product and traceability is a tool for achieving a number of different objectives. As a result, no traceability system is complete.
A system for tracking every input and process to satisfy every objective would be enormous and very costly.
Breadth describes the amount of information collected. A recordkeeping system cataloging all of a food’s attributes would be enormous, unnecessary and expensive.
From manufacturing to the services sector, this black swan event has brought in a paradigm shift in their operating models.
As a result, the Food and Agriculture Organisation (FAO) estimates that as many as 132 million people are likely to go hungry this year owing to the global economic recession.
Usually, the food supply chain involves a chain of activities that touch upon producers, consumers, input providers, processing and storage, transportation, and marketing.
Through this technology, farmers are not only able to receive advisories on weather and other climatic conditions, but even field management decisions such as irrigation and fertilization can be aptly taken, which are critical components of precision agriculture.
With the increasing penetration of agri-financing companies such as insurance firms and banks, satellite technology has proven to be a boon in settling claims along with lending decisions.
These two segments can be taken as the derivatives of satellite technology.
