Last Updated on March 6, 2019
Food industry is strongly addressing the requirements of pet food and this is major change due to people’s interest and increased care for their pets. Blockchain technology simplifies the processes of food manufacturing and supply chain and brings in new level of accuracy in maintaining the food quality and delivery.
There is constant rise in manufacturing of pet food processing, introduction of food processing machineries and overall demand for pet food. The challenge for pet food industry is market sustainability and innovation at product and delivery level.
The technologies like IOT and Blockchain can create solutions that provide market differentiation to companies competing against each other.
Issues that Blockchain Technology can resolve:
1. Food Innovation:
Novelty is the key to product launch, the blockchain has ample of data that can validate the choices of pets and help in deviating from the original product or creating one similar with minor variation.
2. Food Quality:
With the registered incidents and healthcare of pet being on pet owner’s minds, the food quality has gained importance. Blockchain can populate the data like quality issues, food taste, impact of food on pet and much more that can help manufacturers improve on these factors. It will quench the quest of people to get quality food.
3. Food Contents:
The ingredients used in creating the pet food need to maintain Food and Drug Administration (FDA) standards and meet the rules and regulations for pet protection. Block chain can help to check the food contents, its date of manufacturing and expiry, proportion of ingredients and food tampering in any stage of packaging or delivery.
4. Pet Death Control:
With the precautionary measures and use of technology, we can expect the reduction in death rate of pets.
5. Increased Transparency:
The stages of food production, packaging, delivery are transparent with the smart contracts updated with acceptance from involved parties and makes food tampering and data manipulation difficult reducing the fear of end customers especially relating to the food grade and validity of use.
6. Trust Building:
The long supply chain creates loosen the hold over the quality and pet food contents. The decentralized data allows inspection of activities whether it is modifying for completely new information or for minor changes. Deletion of data is not possible in blockchain; it provides high level security and peace in business transactions. The recorded data is openly shared resource to all the parties, and they can verify it at each stage.
7. Specific requirements:
The buyers of pet food may have particular needs based on the animal’s health covering either illness or allergies; digestion, food intake, likings, quality preferences, brand choices etc. can e met easily as blockchain reveals every bit of information.
The tracking of activities from initial stage till delivery ensures the quality of food and packaging materials that keep the food safe.
9. Corrective Measures:
Throughout the supply chain, any discrepancies if identified then the blockchain technology can notify the parties and corrective actions initiated immediately can reduce the order cancellation with replacement of items resulting in reduced losses.
10. Evidence of Negligence:
Stage wise records of goods in transit, details of current position with time stamps, any circumstantial obstructions and casualness towards the same can be proved as Blockchain technologies maintains the records in one central place.
11. Involved Parties:
The farmers, packers, suppliers, transporters, buyers all have access to the process and can authorize the change or correction if required. The technology is ensuring the involvement of members to remain at peace during the stages of food growth, processing and production, packaging, transportation and till final delivery.
12. Food Wastage:
Various reasons for food spoilage are delay in delivery, damaged consignments and food expiry all of the above needs control which is available by the blockchain and in turn, it reduces food wastage.
The name suggests involvement of multiple parties, which can speed up or delay the process; blockchain has helped in reducing dependencies of middlemen, it eliminates the breakage and hindrances in the chain.
14. Delivery Schedule:
Notifications of delivery status allows receiving parties to be available for consignment and the suppliers to pass on instructions relating to the delivery of same or next consignment. Minute details help to manage without micro management with help of blockchain.
15. Business Costs:
The sellers can investigate the stages and reasons of increased costs on the goods with the help of blockchain technology. The detailed data analysis does value adding to the defined processes of the organization and benefits the cost cutting required in accurate places.
The updates on crops and its quality ensure the manufacturing of quality products and blockchain can allow distribution of data and various details that producers would like to share with the pet food manufacturers. The very important part of farming is the techniques used and the crop care as it plays important role in selecting raw materials for each type of item.
17. Food Nutrition:
The nourishment that pet owner’s desire for their pets is a dream comes true in every sense as the manufacturers can respond with the queries raised by the buyers and have proofs relating to the data presented.
18. Constraints of Data:
People may argue for the rigidness in blockchain as the technology only appends the data and does not permit any deletions, the users may initially make mistakes while entering data, but in long run, the actual errors pertaining to the products would be the advantage point at each stage of supply chain.
19. Unified Ownership:
The joint and independent ownership for various activities during the process, clearly defined set of actions and following the protocol will ease out the managerial activities. Blockchain transfers the ownership of documents and consignments digitally saving time, money, and efforts of documentation and avoiding the important papers being lost.
20. Improved Sales:
The transaction rate and response promptness are attracting businesses with simple solutions created by the Blockchain technology.
Obviously, the blockchain technology will have some cons based on the style of use but the pros are breaking the obstacles in the pet food industry like never before. The transformation in business processes and customer satisfaction with healthy and safe pet food is possible with the solutions that encourage attending to the buyer’s preferences.