STOCK TITAN

Can A Digital Supply Chain Help Create Zero Food Waste?

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

SAP recently highlighted the challenges faced by the food supply chain due to the diverse origin of ingredients and the need for rapid delivery to prevent spoilage. During the SAP.iO Foundries Sustainable Agriculture Latin America Demo Day, startups showcased innovative solutions aimed at enhancing transportation efficiency, transparency, and agility, which are crucial for reducing food waste—a UN goal to cut global food waste in half by 2030.

This initiative addresses critical issues such as hygiene standards and climatic storage conditions necessary for preserving food quality, emphasizing the importance of efficient logistics in the food industry.

Positive
  • Showcasing innovative solutions from startups to improve food transportation efficiency.
  • Aligns with UN goals to significantly reduce global food waste by 2030.
Negative
  • None.

NORTHAMPTON, MA / ACCESSWIRE / March 13, 2023 / SAP

Originally published by Forbes

Since the ingredients required by food industries come from many different locations and because of the short-term nature of raw materials, the food supply chain faces unique challenges. Speedy delivery is needed to avoid spoilage, and the highest standards of hygiene are required to prevent contamination. Many foods and dairy products must be stored in certain climactic conditions to maintain quality. Transportation plays a vital role at every step.

At the SAP.iO Foundries Sustainable Agriculture Latin America Demo Day, a group of startups presented solutions to help transportation providers reduce waste through better services that enable greater speed, more transparency and agility, and increased efficiency. These tactics can all help achieve one of the United Nations top priorities: cutting global food waste in half by 2030.

Watch the video here

Continue reading here

SAP, Monday, March 13, 2023, Press release pictureImage courtesy of Forbes

View additional multimedia and more ESG storytelling from SAP on 3blmedia.com.

Contact Info:
Spokesperson: SAP
Website: https://www.3blmedia.com/profiles/sap
Email: info@3blmedia.com

SOURCE: SAP



View source version on accesswire.com:
https://www.accesswire.com/743411/Can-A-Digital-Supply-Chain-Help-Create-Zero-Food-Waste

FAQ

What was the focus of SAP's recent event regarding food supply chains?

SAP's event focused on presenting solutions from startups to improve food transportation efficiency and reduce food waste.

When did SAP hold the Sustainable Agriculture Latin America Demo Day?

The event was held on March 13, 2023.

What is the goal of reducing global food waste by 2030?

The goal is promoted by the United Nations, aiming to cut food waste in half globally.

How does SAP aim to address food transportation challenges?

SAP aims to address challenges by showcasing startups that enhance logistics, transparency, and efficiency in food transportation.

Which company's initiatives are related to reducing food waste?

SAP is involved in initiatives aimed at reducing food waste through better supply chain logistics.

SAP SE

NYSE:SAP

SAP Rankings

SAP Latest News

SAP Stock Data

269.43B
1.17B
6.19%
0.17%
Software - Application
Technology
Link
United States of America
Walldorf