Tag Archives: supplier management

HelloFresh Is Using Technology To Take a Huge Bite Out of a Multitrillion Dollar Industry

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When families are counting on you for dinner, an unreliable supply chain is not an option. HelloFresh focuses on every step of the farm-to-door journey, shipping meal kits to millions of Americans, each filled with all of the ingredients necessary to prepare three to five different meals.

I recently found out how HelloFresh is using technology to reduce waste, improve quality processes and streamline supplier relations, all while doubling orders and revenue year-over-year.

It’s estimated that 40 percent of the food supply in the United States goes to waste because of over-portioning and wasteful distribution. Because of the attention to correct portioning, HelloFresh reduces the dinner food waste of its customers by at least 21 percent, resulting in a staggering reduction of food waste each week.

The company has over 2,500 employees in the United States who provide millions of meals that are carefully planned, carefully sourced and delivered … Read more...

How Hello Fresh and Intelex Are Managing the Global Food Supply Chain

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Today’s global food supply chains are more complex than they’ve ever been. Until recently, consumers ate the food they grew in their communities and would adjust their diet to suit the seasonal availability of various products like fruits and vegetables. Today, consumers can have food from any part of the world as part of their regular diet. In the United States alone, food travels on average 1,300 miles from farm to fork, with 33% of products and 80% of seafood imported from other countries. The United States Food and Drug Administration (FDA) regulates food products that are processed by more than 300,000 different facilities in over 150 different countries.

In such a complex supply chain, food travels around the world in the custody of multiple agents, with variations in documentation and processing resulting in loss of critical information about food origins and authenticity. In many cases, the food itself goes … Read more...

3 Characteristics of The Modern Supply Chain

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Today having a modern and agile supply chain can mean the difference between staying afloat and sinking.  Over 80% of businesses report experiencing at least one supply chain disruption in 2014.  With constant and rapidly changing market conditions, organizations need to be lean and flexible in order to respond to disruptions quickly and effectively.

Organizations who adopt modern supply chain practices that are flexible, account for disruptions, and leverage new technology fair better in the long run. Let’s take a deeper look into how Technology, Continuous Improvement, and Resilience help supply chains remain relevant and sustainable.

Technology
Innovation is key to business improvement and supply chain management is no exception. To meet ever-changing consumer demands, organizations must continually optimize the productivity of their supply network due to global competition.  Leveraging modern technologies can help simplify processes, reduce costs, improve customer satisfaction, and provide greater control over your supply chain.

IoT … Read more...