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The Value Of Transparent Data For The Seafood Industry

Website Editor • Oct 06, 2021

For the seafood industry increased supply chain visibility can yield extensive information on the logistics processes, and the pain points in which their products and assets experience.

The seafood industry is one of the oldest and largest food sectors in the world, with increased demands foreshadowed for the industry. By 2027 it is projected that the seafood industry will be worth USD $194 billion, highlighting the significance of the industry to the global economy. However, as the industry has grown, so have the supply chain challenges experienced by the industry. The industry requires greater supply chain visibility to ensure that the perishable goods are distributed safely, ethically, and effectively. 

 

Supply chain transparency goes beyond visibility of cargo movements, rather it is a process to gather greater insight. For the seafood industry increased supply chain visibility can yield extensive information on the logistics processes, and the pain points in which their products and assets experience. Transparent data for the industry can further highlight challenges that would traditionally go unnoticed until manually detected. Near real-time data collected from innovative asset tracking solutions enables greater supply chain visibility to be achieved. Supply chain visibility is a process that enables proactive action to be taken to manage risks more effectively, ensure regulations have been met and in turn reduce business inefficiencies. 

 

A recent pilot trial conducted by The Global Dialogue on Seafood Traceability, further emphasises the need for consistent data. The pilot is expected to be the first ever global standard that will bring reliable, affordable, and effective traceability to the industry. The key takeaway from this collaboration is the imperative need for supply chain digitalisation across the industry. The findings from the pilot concurred that supply chain visibility is essential in ensuring all relevant stakeholders understand how products are being handled and stored throughout the supply chain. The data gathered includes vital metrics such as location and temperature of the perishable goods. 

 

Transparent data enables companies to have extensive information on their valuable shipments, and make informed decisions backed by the data collected. Asset tracking solutions enabling near real-time visibility of moving assets ensures stakeholders understand where their assets are, with greater supply chain insights able to be developed. With the assistance of automation and digitalisation, the data gathered can be utilised to enhance supply chain visibility and operational efficiency. 

 

Due to the perishable nature of seafood, near real-time data will enable companies to gather insight into their asset’s vital conditions. Crabs, fish, and other seafood can be prone to damage and spoilage if they encounter shock or light exposure. Through digital asset tracking solutions, companies can ensure they have vital data on their moving assets and ensure actions are taken promptly to alleviate supply chain challenges experienced. 

 

At Adapt Ideations, our innovative solutions offer valuable data through their utilisation within the supply chain. Our innovative solutions gather and communicate vital metrics such as the location and temperature of perishable goods. Our range of innovative solutions can cater to various use cases concerning the diverse needs of our clients. The data provided offers greater supply chain visibility and transparency to ensure the efficacy and safety of perishable goods. The value of data collected throughout the supply chain is that it allows stakeholders to understand how their assets are being handled and stored in near real-time no matter their location. Data can allow insights to be developed and ensure decisions are backed by data, through the implementation of innovative asset tracking solutions for the seafood industry. 

 

Get in touch with us today at enquiries@adaptideations.com for further information on our range of solutions. 

Powerful and reliable, asset tracking and monitoring solutions.

Innovative monitoring solutions for high-value & temperature-sensitive assets.

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