Distribution and Transparency Gaps (Traceability in Supply Chain)
Problem Statement
Lack of real-time visibility and traceability throughout the distribution chain makes it difficult to pinpoint quality issues, ensure fair pricing, and meet the rising demand for product origin information.
Gravity :
Moderate
Innovation Opportunities
- Cold Chain and Condition Monitoring Systems: IoT-based systems for real-time tracking of temperature, humidity, and location of produce inside refrigerated and ambient vehicles during long-haul transit.
- Blockchain-enabled Traceability Systems: Secure, tamper-proof ledgers to record every transaction and handling step, ensuring end-to-end transparency from farm gate to retail shelf.
Use Case Example
A shipment of exotic vegetables is flagged for a temperature deviation during transit, which is automatically recorded in the blockchain. The buyer can review this anomaly before accepting the shipment.