How Might We Drive Profitability Through Sustainability in the Food Supply Chain?
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Rebooting the Food Supply Chain
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Featuring Richard Tracy, an international development expert. Dedicated for past 15 years to reducing food loss & waste by improving cold supply chain
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All invited to session in Wharton DC's "Future of Food" and "Future of Sustainability"
Rebooting the Food Supply Chain
Assumption:
● Being sustainable means taking a risk/potential cuts to profits
● Customers won’t purchase imperfect products
● Perverse economic incentives currently decrease surplus utilization
Potential Solutions:
● Can Big Data offer the key to becoming more accurate in planting, with predictive analytics, real time shelf life trackers, with a movement to just-in-case inventory control?
● Explore the price impact of indexing terminal pricing to pack-out
costs for surplus and unmarketable products in order to create a new marketplace for retailers to purchase.
● Work with industry/commodity groups for retooling of current grading standards marketing orders and specs to promote inclusion of currently unmarketable produce. Discard cosmetic specs entirely.
Potential Impact:
● Reduction in food loss and waste
● More food available for those in need
● Reduction in greenhouse gases because food is diverted from landfills
● Agriculture footprint is frozen, if not decreased due to greater efficiency in planning, sales and shelf life.
- Q&A to follow
- Click here to buy tickets!!!(Or Register FREE, if you're a Member)
Speaker:
- Richard Tracy,
- Richard Tracy is an international development professional with proven leadership and mentoring abilities. He excels at connecting diverse groups of personalities for a common goal. Mr. Tracy is exceptionally skilled in networking, business development and service delivery. For the past 15 years, he has been dedicated to reducing food loss & waste by improving the cold supply chain around the globe.
Who should attend
Everyone who:
• Wants to learn about how to eat in more healthful manner and be healthier
• Needs to lose weight and help our planet cut carbon
• Gain insight into where we may be headed in The Future of Food, in fruits, vegetables, protein (including plant protein) and more, with more eco-friendly and human-friendly production, shipping and consumption of food. Also, what are the business opportunities for "greener" foods?
• Whatever your ethnicity, age, or other factors, wants to learn more about managing your food and helping our planet
- Click here to buy tickets!!!(Or Register FREE, if you're a Member)
11:45 am - 12:00 pm -- Virtual Networking on Zoom Meetings, in virtual breakout rooms, if enough people sign up
12:00 - 1:00 pm Presentation, including shared screen for slides and Q&A
1:00 - 1:15 pm: Further virtual networking
- REGISTER for THIS EVENT (Free for Members, President's Club Members (Yourself and 2 guests all comped).
- Others: Early Bird: 19/person for all Non-Members (through September 12), 29/person after
Virtual Event Instructions:
Look Who's Coming:
Wharton DC Innovation Summit
The Barnett Company, Inc.
(Or Register FREE, if you're a Member)