One of the key factors that drive the success of any farm to fork initiative is the need for a robust supply chain that get the food from the farmer to the consumer, at the right time. India, for example, loses 40% of its farm produce due to various inefficiencies across the supply chain. Excluding the infrastructural bottlenecks in the system, most of the problems that are inherent in the system are because of a lack of automation, human interventions and low transparency.
The food supply chain has multiple stakeholders, farmers, food cooperatives, procurement agencies, wholesalers, food manufacturers and retailers, all of them working in silos and there is very limited information available to help enable them to make better business decisions. Key factors that drives efficiencies is the ability to forecast demand, financial management & transportation synchronization all need intense technology interventions.
We, at CSM, have built a robust supply chain management system for the food industry. Using some of the latest technology (Machine Learning, AI, Blockchain & Big Data) available in the industry, our systems ensure that every pain point of the industry is mitigated.