Also called cold supply chain management, food and beverage supply chain management manages the logistics in moving food and beverages from the manufacturing and packaging site to shelves. IoT solutions in the food and beverage supply chain management industry monitor the environmental conditions of cargo, like temperature and humidity, and track the shipment to ensure minimal loss of product due to spoilage.
As traceability and waste become top-of-mind for general consumers, the IoT for the food and beverage market is expected to grow to $8.43 billion by 2025. Food and beverage supply chain management solutions enable companies to act fast to prevent spoilage if their inventory falls below safe temperature or is delayed.
Food and beverage supply chain management solutions employ sensors to detect humidity, temperature, tilt, and impact. The system uses this data to automatically adjust conditions for optimal storage and can alert the driver and customer if errors occur or if the inventory is in danger of spoilage. In addition to environmental factors, the system tracks the location of the cargo, sending automatic updates to the customer to ensure that all stakeholders know exactly where their cargo is.
Key Benefits of IoT-Enabled Food and Beverage Supply Chain Management
- Maintain and monitor environmental conditions of inventory, ensuring the highest possible level of food safety.
- Reduce waste, cost, and risk associated with all stages of food processing and packaging.
- Track inventory and automate shipments based on predictions of need.