Interesting insights from Food and Drink Technology on the EU’s waste situation and how they plan on addressing the issue moving forward. This is a big issue for a lot of food production and manufacturing businesses.
We have a methodology, now all we need is commitment (and creativity) above and beyond. The EU has set out ways to measure food waste and aims to support member states quantify waste levels at each stage of the supply chain.
The Delegated Act is designed to ensure coherent monitoring of waste levels to put food on a sustainable path. Why? Every year 20% of food produced in the EU is lost or wasted.
The Act follows similar patterns of carrot and stick however it allows each state to define how data collection should be carried out at a national level.
Should your business be tracking food waste?
Is monitoring good for business? Yes, many would argue. The ROI is compelling, Jyrki Katainen, vice president for jobs growth, investment, and competitiveness of health and food safety asserts – 14:1 return on investment for companies which integrate reduction of food loss and waste in their operations.
Food waste is certainly an issue worth tackling – and one that can be fixed. There are areas to look at from farm to fork and some in the food and drink sector is already investigating how to generate new markets and predict trends for future consumer demand.
The truth is society is more aware of waste – whether individuals or groups deem they create it or not. Questions are being asked, and a spotlight is being shone on responsibility.
Rethinking how we look at waste is now firmly on the agenda and will call for creative approaches, incentives for collaboration among processors, and the incorporation of technology to improve packaging.
Determining the best option(s) (creating high value from waste products, for example) to return industry profits will be key.
Can we turn waste into something profitable for everyone’s benefit? Yes, we can. Wasteful habits abound. When we eliminate waste and keep resources in use for as long as possible, with materials recovered and reused at the end of life then we can have our cake and eat it.
Food industry solutions
Microsoft’s Dynamics 365 Business Central and Foodware 365 provide all-round solutions for the manufacturing and production of food and beverages. Combining business intelligence, with top CRM and ERP capabilities these solutions offer a holistic view of your business and help you understand and grow your business. Waste management and reduction are one of the many features these applications offer.
If you are interested in digitally transforming your business get in touch with us on +27 (21) 205 3650 or email us on firstname.lastname@example.org
Resource Credit | Food and Drink Technology