The food industry is a complex, global collection of diverse businesses that supply most of the food consumed by the world population. The food industry includes agriculture, manufacturing of food using food processing, marketing, wholesale & retail distribution, food service, grocery, research & development, financial services, etc. is done which also includes raising of crops & livestock & seafood and much more.
IoT Applications in Food and Beverage Industry:
In the past few years, hardware and software platforms have been increased drastically which connects all the physical objects to the internet. IoT Applications in Food and Beverage Industry. Internet of things is one of the most known concepts in the internet world that have great benefits for companies.
IoT is capable of solving most of the daily tasks and requirements that mostly depend upon smartphones and related gadgets. Like the beverage and food industry, other businesses are also relying on the same.
With the applications of the internet of things, the food and beverage industries are becoming smarter with the linking of IoT smart connected products that accumulate data during the supply chain of the products and smart algorithms.
Let’s check out some of the key effects of IoT in food Industry:
1. Increased Operational Efficiency
With 90% of companies investing in big data solutions, keeping up with the industry is key. Utilizing digital analysis platform technology can help ensure sustainable, profitable growth for the entire supply chain. This kind of technology can provide insight into equipment performance, predictive maintenance needs, and real-time inventory tracking.
With global food loss at a staggering 1.3 billion tons per year, the food supply chain is beginning to utilize sensor technology to track temperature readings throughout the supply chain, increasing food safety and reducing retail shrink. Similar IoT technology can also be used to store product data and automate food quality reporting.
2. Food Quality Control
Food quality is of great importance for the customers and companies do not want to take the risk for it. It’s also drastically important for any company for its reputation so it does everything that should be.
Advanced and intelligent storage of the products helps the companies in the safe transportation of products that consistently help them in maintaining the quality of products.
IoT connected devices can also detect any change to the storage temperature and helps companies troubleshooting in the least possible time with uncomplicated methods.
3. Transparency for the Customers
In the digital age, all customers want to access all information through their smartphones. Information made available in their smartphones will make them more aware of the world as well as about the lifestyle choices & surroundings.
There are various digital tags like barcodes, QR Codes, and RFID tags that can be managed by smartphones only. QR code-enabled products on the platform will allow users to access the products more quickly providing the exact information about them.
Complete transparency of the purchased products for the customers is vital by which they can be convinced of the delivery of their products. It is also a vital task for companies to become loyal next time when customers can view the status of product delivery at every stage.
4. Supply Chain Management with Transparency
A digitally connected supply chain ensures great traceability and clarity for the companies. It makes companies loyal to customers by establishing great bondage between them.
Increasing customers’ support with transparency in the supply chain will also provide companies more handy and powerful methods.
With the implementation of the IoT technology in the business, customers can easily check the thorough food and beverage supply chain with the companies. With the given Quick Response (QR) code, consumers can easily get all the information about the product after scanning it.
5. Streamlined logistics
Many food and beverage companies are implementing the internet of things for their logistics during the operations.
IoT based logistics also helps companies in automating shipments with the queries of the replenishment at the same time.
Radio-frequency identification based transmitters manage the distribution chain more effectively.
Thus companies don’t get the data of wastage of their products and food supply chain thus does the great supervision of their products with the exceptional benefits starts from delivery till the shipping.
6. Reduction in Food Wastage
Smarter inventory management process will result in faster detection of expiry dates as well as more efficient stocking operations and reducing food wastage due to spoilage. Smarter storage and transportation facilities make it possible to control and maintain ideal conditions for food items so that they do not spoil. Smart, connected products will be able to update details regarding their quality on their own in their digital counterparts, making it easier for warehouse employees to quickly identify any food items nearing its expiration date. IoT-enabled intelligent processes can also help retailers to contribute more to food banks.
With the availability and enlargement of the Internet of Things (IoT) solutions & Services, the food industry is experiencing some key transformations particularly in terms of trends in food safety. Food manufacturing agencies can leverage the IoT technology to keep up the highest quality standards with the assurance of having the same product, with similar higher quality at any time and anywhere.
University Institute of Engineering and Technology, Panjab University