Categories: Studies & Papers
Improving Traceability in Food Value Chains through Technology Innovations and MSPs
This report, developed by the World Economic Forum in collaboration with McKinsey & Company, focuses on the potential of technology innovations, coupled with multi-stakeholder partnerships, to enhance traceability in food value chains and thereby the opportunity to improve information about the provenance, safety, efficiency and sustainability of food and food supplies.
The report underlines that simply applying new technologies will not necessarily provide the desired outcome. Risks, such as the potential exclusion of small-scale value chain actors must be carefully safeguarded against. Collaboration such as multi-stakeholder partnerships that focus on an inclusive economic model, enabling technology infrastructure, harmonised standards, as well as training and support across the value chain will accelerate and intensify potential impact. From page 24 onwards, the report shows the different roles stakeholders, such as governments, technology companies, retailers, agribusiness companies, food producers, civil society and system leaders could play.