How to Reduce Supply Chain Risks
Natural Resources Defense Council (NRDC) estimated that up to 40% of the food produced in the US is wasted, which results in a $218 billion annual loss. The experts consider that to a great extent it’s due to the problems within the supply chain. The specialists often lack adequate data for effective decision-making. Thus, approximately one-third of fresh food is spoiled prematurely, and it results in the increased costs for the farmers, shippers, retailers and, of course, consumers.