Food Traceability Tools

Tools for tracing food products throughout the supply chain.

LUX TAKE:

There are many reasons to implement food traceability tools (e.g., to promote transparency, avoid counterfeiting, or streamline logistics), but obtaining a tangible ROI can be elusive. Clients should still experiment as a risk mitigation measure, especially to assist in localizing and expediting food recalls, which are unpredictable and can lead to significant financial and brand damages.

Lux Take last updated on April 07, 2022
Data last updated on January 24, 2023

What's New

Lux Research analysts and the Lux Intelligence Engine have added the following recent food traceability tools developments.

News Commentaries

Fresh Del Monte funds blockchain startup for food traceability; clients should continue to monitor the technology (December 13, 2022)

Fujitsu and Settlemint partner to speed up enterprise blockchain technology development (December 8, 2022)

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