BLOCKCHAIN FOR MEAT INDUSTRY – A VIABLE TECHNOLOGY BENEFITING MEAT SUPPLY CHAINS OVER THE YEARS!

The production of meat is widespread all across the globe since we people love to eat meat and meat products on a large scale. With the consistently rising demand for the meat products, the market for the meat supply chains has grown up to the mark in the industry in the recent times. This trend has emphasized the need for having safety and quality assurance, end-to-endtraceability and transparency with the meat products being sold out in the market. Simultaneously as the demand grows, the cost of the meat products keep on increasing every single day.

As a result, the customers are increasingly going out for searching the details of the product flow in the supply chain cycle right from the origin to the table before buying and consuming them. Here is where the technology blockchain for meat industry comes in to provide the users with the end-to-end transparency, traceability, safety, quality and provenance that they actually look for. Of course, the customers nowadays think that they deserve for all these traits to be found in any meat product they buy and consume.

Meat supply chain blockchain has come out as the best technology solution to address all the complexities concerning the meat supply chains thus working right away in bringing a better customer satisfaction and experience by meeting all the demands put forth by the end users. Conventional supply chain models are found to lag at this point as they don’t have the enough stuff in fulfilling all the customer requirements and demands. They need to get renovated yet in a lot of ways so as to meet those industry and customer needs and which could be made possible with the integration of potential technologies like blockchain.

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Blockchain for meat industry stands out in every arena of the meat supply chains today in carrying out the best results ever. By the way, we can come to know about the value that it holds over the supply chain execution and management strategies.

 

Come let us explore the same in this blog further…

What are the major challenges with the product (meat) supply chains?

  • Product counterfeiting: Counterfeiting is observed to be one of the most common challenges of the supply chain industry as of now. Because there might be a lot of chances for the products to get mislabeled while packing them and sending for final supply to the consumers’ side. This may be done either for the sake of taking advantage over the premium quality products available in the market.

This means that some retailers mark certain low-quality products falsely as the quality-rich ones in order to exaggerate their quality among the consumers. They believe that doing this would help them acquire more profit in no time. Such an unethical procedure of product mislabeling is what actually the counterfeiting challenge that todays’ supply chain businesses have been going through a lot.

  • Regulatory restrictions: With respect to the rising regulatory constraints raised consistently from the governmental side, the product supply chain stakeholders find it difficult to make trades smoothly in the market. This impacts the product quality as well since there comes an uncertainty in the product flow across the supply chain cycle. Such an uncertainty affects the food quality and safety thus resulting in the loss of consumer trust.

An ideal product is the one that has gone through all the regulatory demands of the industry successfully in no time. Maintaining a good regulatory standard will help us keep the quality of the products stay on top. Also, it seems to be the best way ever in making the products move to the international market with ease. Hence compliance to the necessary or basic regulatory regimes is very much essential for an effective supply chain management.

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