As 2017 comes to a close, here's a look back at FoodLogiQ's top 5, most viewed blog posts from this year. Whether it was the impact of blockchain on the food industry or how brands are raising transparency, here they are in case you missed them...
The food industry has been energized recently by Walmart and IBM’s announcements to test the use of blockchain technology to increase supply chain traceability and transparency. What isn’t new is the food industry has been storing supply chain traceability or event data that is based on GS1 Standards in shared databases or technology platforms for years. Now, these two ideas have converged in a true disruption of food technology.
Five Guys Burgers and Fries selected the FoodLogiQ Connect platform for global supply chain visibility, streamlined supplier management, and quality issue tracking and reporting. Driven by rapid growth, Five Guys required a supply chain solution that could meet its growing supplier management and food quality needs. The global restaurant brand will leverage the FoodLogiQ Connect platform to centralize supplier communications, standards and benchmarking.
“Sometimes simpler is better,” Panera’s Senior Vice President of Food Dan Kish told QSR Magazine in a featureon the rollout of their "No-No List" -- more than 80 ingredients that have been removed from their menu or are in the process of being taken out. What did it take to get there? Rolling up their sleeves and doing a deep dive into their supply chain and understanding exactly where each and every ingredient on their menu was coming from.
FoodLogiQ has secured a lead investor to help fuel its rapid growth to dominate the food technology space. The latest round is being led byRenewal Fundsfor an undisclosed amount. Renewal Funds, a mission-based venture capital firm based in Vancouver, B.C., invests in food and technology companies that have strong values and exceptional ideas. The partnership between FoodLogiQ and Renewal Funds will accelerate FoodLogiQ's mission to map the world's food chain, make it as safe as possible and empower people to make informed decisions about the food they eat.
The definition of food safety in the consumer's eye is evolving with food safety concerns such as traceability and labeling gaining more and more importance. A recent national survey of 5,000 consumers that asked about food buying decisions showed changing attitudes about food safety.