Software exporter Tech Mahindra has created a supply chain management system which can reduce food losses and wastage by up to 20 per cent.
"The initiative manages the food supply chain, which enables companies to transport farm grown produce and deliver it as fresh as if it were grown locally, and reduces losses and wastage by 15-20 per cent," Tech Mahindra said in a statement here today.
Multiplicity of players, stringent regulatory compliance norms and lack of end-to-end visibility adds to the supply chain complexities, resulting in high wastage and loss of freshness by the time the produce reaches the consumers, it said.
"The solution, called Fresh Produce End-To-End Digital Supply Chain (FEEDS), has been built in the SAP Co-Innovation Lab," said Rudolf Held, Vice President and head of global SAP co-innovation lab network.
The announcement comes at a time when there are concerted efforts under way to improve the food storage and supply, which can ultimately help lower inflation.
Tech Mahindra said the solution is targeted at companies to transport the farm-grown produce.
"The lack of holistic visibility breeds inefficiencies in the complex modern-day food supply chain," Senior Vice President (global retail) Rohit Khanna said.
