Economy

Can SMEs Solve The Supply Chain Crisis And Reduce Food Waste?

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According to the report of charity waste and resource action programme, The UK will produce around 9.5 million ton of food waste in 2018. Averagely in a UK house hold throws away £60 worth food a month.

Supply Chain Crisis

Supply Chain Crisis

Supply chain crisis led to 60% increase in food waste over past six months. The war in Ukraine can caused long term damage to food supply chain crisis. The study of sodexo said deprioritising food waste due to ongoing challenges in the supply chain over past year.

Sodexo’s search said the rise in self-reported food waste are worrying, these pressure put on supply chains in recent years.

Chrls Irlsh, senior manager at consulting firm capgemini invent said “The global supply chain crisis has forced retailers to focus more on addressing the short term impact of supply interruption events”.

Because of this issue prices amoung the things are raised this also one of the factor for increasing supply chain crisis.

SMEs Plays An Impotant Role In Supply Chain Crisis

SMEs Plays An Impotant Role In Supply Chain Crisis

SMEs can enable greater ability because it has more flexible to go through domestic food sourcing. Small –Medium enterprises play an important role in most economics on UK.

SME’s can reduce carbon by cutting down on air. In order to achieve net zero in the supply chain we need greater industry collaboration from large organisations to support them with this challenge. SME’s in supply chain essential need to maintain supply and meet climate targets. Carbon data reporting is the huge burden for small business.

Conclusion

The aim of SME is to minimize waste and maximize value to customer. An effective supply chain management process can avoid working with suppliers who go against the principles.

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