Food supply chains are one of the most significant and most largely underrated investments and business opportunities out there. It is an industry that affects every person on the planet, and it is ripe for disruption.
The medium-term future of food supply chains will be about piecing together a network of suppliers that can provide resilient year-round harvests, with inputs being distributed worldwide. The long-term future is even more enjoyable. If you have followed our work, you will know that we emphasize the technology that will take us into a post-carbon world. Touchless agriculture is just one of those technologies, and it has the potential to be hugely disruptive in the coming years. It harnesses extensive data analysis to help farmers pick better seeds without actually planting them.
The Global food supply chain is responsible for transporting, processing, and marketing the world’s food. Globalization has made this process more feasible in today’s economy. Global food chains are responsible for bringing ample amounts of quality foods from across the world to feed one out of every nine people that live on this planet. Globalization cannot be merely understood from a strictly economic perspective but must also include the social and environmental aspects.
Globalization brings multitudes of benefits to those that it affects within the food supply chain. Globalization brings more quality foods that are readily available to many and allows strides in bettering agricultural techniques and transportation throughout the world. While Globalization has made the Global food supply chain possible, Globalization also makes it challenging to be sustainable. Global food chains affect many aspects of not only the environment but also culture and diversity.
Globalization is responsible for putting people out of work in some locations within the global food supply chain due to “job outsourcing” and massive changes in transportation methods. Globalization has brought about “food security” but at the same time brought about “food safety.”
Global food chains have also caused significant local, regional, and sometimes international ecology disturbances. Globalization is responsible for bringing many benefits within this Global food supply chain and comes with some side effects that are not always easily seen or heard of.
Globalization is here to stay, and Global food chains will be a constant concept in today’s world. Global food chains should also take the steps necessary to ensure their long-term sustainability for generations to come.
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