7 Benefits of Short Food Industry Supply Chains

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Sep 01, 2023, 20:00 ET

SpendEdge Highlights Major Benefits of Short Food Industry Supply Chain

NEW YORK, Sept. 1, 2023 /PRNewswire/ -- SpendEdge, a global leader in procurement market intelligence space recently highlighted the 7 major benefits of short food supply chain.

In the resource, the market intelligence leader focused on the significance of the short food supply chain. Having a short supply chain will benefit the food industry by increasing the profits of farmers and other producers, revitalizing rural economies, and giving consumers access to fresh, fairly-priced foods.

Game-Changing Benefits:

The experts at SpendEdge have shared the 7 benefits of implementing a short supply chain in the food industry:

Improved negotiating positions for farmers:
These short food industry supply chains offer farmers greater power during negotiations, especially during those with retailers.
Increased communication between producer and consumer:
Short supply chains can lead to job creation, especially in rural areas, which also helps to increase the farmer or producer's reputation and the trust that consumers place in them.
Reduced transportation costs:
Short supply chains typically serve a local area, reducing the energy costs, transportation costs, and CO2 emissions used to transport goods in longer supply chains.
Increased transparency:
It's easier to make short food industry supply chains with few or no intermediaries transparent than it is longer and more complex ones.

For more read the full resource: Click here!

About SpendEdge:

SpendEdge is a global leader in procurement market intelligence space acts as strategic partner to over 200 global procurement organizations delivering insights on category landscape, supplier identification, negotiation strategies, price benchmarking, cost modeling, sustainability practices, and more.

Over the past 2 decades, SpendEdge has worked with procurement organizations across regions, of varying sizes and belonging to several industries. They have helped their clients solve procurement problems of varying complexities. Going above and beyond, the organization heads to the best possible extent using different methodologies to deliver timely and actionable recommendations to support decision making.

SOURCE SpendEdge