Project Description
Food and Beverage IoT Solutions
Why
The F&B industry today is all about connection. Along with hardware and software innovation, the internet of things (IoT) presented to connect the whole system to the Internet. IoT has engaged extensive attribution, solving the complicate F&B questions of how to make the ocean of tasks done smoothly. In fact, IoT solutions integrate into the intelligent connection between partners generate the aggregated insight regarding inventory reduction, efficiency improvement, food waste reduction, and quality control. Industrial reports mention that the expected IoT growth will reach a rate of approximately 10% in the next five years. It means IoT applications tend to the core investment sectors of foods and beverage companies recently.
Benefits
Inventory Management
The majority of food and beverage retailers have suffered from common issues of inventory control. Associated with short shelf life and a large volume of products, food producers such as supermarkets and groceries have lost an enormous amount of cost in inventory management. Due to the increasing demand for fresh food and drinks, companies have to control the product flow on a just-in-time basis. The fast-moving process involving in real-time product monitoring requires warehouse optimization solutions. In this case, IoT innovations generate a real-time tracking system, allowing smooth operations in warehouse control.
Efficient collaboration
IIoT constantly changes the form of collaboration from day-to-day. In terms of the F&B industry, IIoT brings producers, retailers, intermediaries, logistics providers together by communication technologies. Thereby, the collaboration among industry would be supported by productivity and efficiency. IoT could increase operational efficiency by enhancing automation and reducing manual tasks. Additionally, data gathering from IoT solutions leads to a high level of consistency among partners, which properly reduces operational loss.
Food waste reduction
IoT application in warehouse management linked with expiry date detection reduce the waster volume before spoilage. Smarter stock operation leads to better storage conditions. Foods and beverage status regarding quality and quantity would be control in IoT systems, which allow users to maintain the ideal condition for product preservation. Moreover, F&B companies could reduce waste from optimizing logistics or supply chain processes. IoT innovation could predict the market demand and request properly, saving producers from excess supply.
Improve Food quality standard
The food safety regulations are increasing tightened in many nations, especially in developed countries, in which citizens are more conscious about food safety standards. Obviously, each specific food or drink requires a distinct reservation temperature in maintaining the proper quality. IoT provides temperature and humidity sensors, monitoring the storage environments. Likewise, temperature-sensitive foods are stored under appropriate conditions, which deters inspection failures.