In conclusion,Every wild seafood supply chain starts with a producer (the fisher) and ends with an end buyer selling to a consumer. Retail outlets (from locally owned fish markets to national supermarket chains), restaurants, and food service establishments such as hotels, hospitals, and schools are examples of end buyers. It is not uncommon for artisanal fishers to completely bypass the supply chain and sell their catch directly to consumers on the beach or door-to-door within the community. However, seafood supply chain sold into more formal markets can include any number or combination of mid-chain players (e.g., aggregators, primary processors, traders, wholesalers, dealers, secondary processors, distributors, transporters).
WHAT IS BLOCKCHAIN TECHNOLOGY?
Blockchain technology is a sophisticated database mechanism that enables the transparent sharing of information within a business network. In a blockchain database, data is stored in blocks that are linked together in a chain. Because you cannot delete or modify the chain without network consensus, the data is chronologically consistent. As a result, blockchain technology can be used to create an immutable ledger for tracking orders, payments, accounts, and other transactions. The system includes mechanisms for preventing unauthorized transaction entries and ensuring consistency in the shared view of these transactions.
WHAT IS SEA FOOD SUPPLY CHAIN?
The seafood supply chain will differ depending on the product (frozen vs fresh, farmed vs wild caught), as well as who or where it is traded to. Before reaching the end consumer, seafood supply chains typically have up to 10 to 15 intermediaries between the fishers and farmers. After cereals, fish and other seafood may be humanity’s most important food, providing about 15% of the world’s protein intake. Lean fish muscle contains 18-25 percent protein by weight, which is comparable to beef or poultry but much lower in calories. One gram of protein in fish contains 4 to 10 calories, compared to 10-20 calories per protein gram in lean meats and up to 30 calories in fatty meats.
TOP SEA FOOD COMPANIES THAT HAS STEPPED INTO BLOCKCHAIN
ALPHA OCEAN RESOURCES BERHAD
A Tuna fishing and trading company which focuses on delivering premium tuna fish.
Uses certified seed and premium feed to produce shrimp that are renown for their exceptional texture and flavors.
FALCON MARINE EXPORTS LIMITED
Adds value to Raw Peeled, De-veined Tail off, and Raw Peeled De-veined Tail on.
GREEN SEA FOODS
Through their education, experience, and determination, this respected and trusted name in the industry continues to produce high quality seafood. That consistently meets international standards of the highest caliber.
ELEMENTS OF SEAFOOD SUPPLY CHAIN MANAGEMENT
Integrating each division with one another brings expertise together and helps to build teams. When teams are integrated into the sequence of processes, managers’ duties become more efficient and successful. Because it is easier to monitor overall operations and identify areas for further improvement.
Supply chain operations are the backbone of the supply chain process, ensuring consistent work for your employees. Managers keep an eye on day-to-day operations to ensure that the various supply chain phases remain on track.
It is critical to understand exactly what goods to purchase for your company, whether they are materials, supplies, tools, or equipment. Hiring qualified purchasing personnel and ensuring your employees understand inventory management are essential components of a strong seafood supply chain.
Above all, customers receive your product at the end of the supply chain, either from a store shelf or through direct shipping. Supply chain distribution must be well planned in order for products to reach their final destination.
PROCESS OF SEA FOOD SUPPLY CHAIN
- FISH SPECIES
- FISHING FLEET
PROBLEMS AND CHALLENGES IN THE SEAFOOD SUPPLY CHAIN
Insufficient Cold Storage And Transportation
Inadequate retail cold storage and transportation facilities exacerbate the problem of seafood waste. A fish wholesaler can afford a cold storage wagon to supply fish to retail markets.
The unsanitary environment, combined with the fact that fish is rarely kept in ice, results in rapid deterioration of the fish’s quality.
Spoilage During Monsoon Season
Several studies have found high levels of wastage in the Indian fishery due to spoilage, particularly during the monsoon season, when up to 30% of the catch can be lost.
Lack of Awareness And Appreciation
Because local processing houses were unable to comply with the regulations, marine/fishery products were reject in the international market.
WAYS TO OVERCOME PROBLEMS IN SEAFOOD SUPPLY CHAIN
Community Supported Fishery (CSF)
- Wholesale Distributors and Retailers must let the supply chain do its job while intervening in the downstream segment of the supply chain.
- Because it is scalable, this could be a good model for small-scale fishermen.
- Similarly, a CSF could approach a fisherman and buy at that point.
- Blockchain may be the best solution to the Supply Chain industry’s problems.
- The primary advantage of blockchain for supply chain is record keeping.
- In addition, the Seafood Supply Chain In comparison to insecure databases, blockchain makes it less corruptible and more mechanized.
- It is relatively difficult to monitor every single testimony in large organizations with longer seafood supply chains.
- This lack of candor leads to cost and client relationship issues, which ultimately cast a negative light on the brand.
- Blockchain provides greater security and can be create in a private manner, allowing information to be witness by a select community.
- The transparency and traceability of seafood in Blockchain allows us to avoid fakes in the supply chain and maintain the framework’s trustworthiness.
Enhance your seafood supply chain holding advanced blockchain solutions with the expert consultants in shamla tech to increase interest and trust in your product.
WHY CHOOSE TRACEFOOD FOR SEA FOOD SUPPLY CHAIN PLATFORM DEVELOPMENT
In conclusion, Trace food is a leading blockchain technology development company that helps you develop a supply chain with the finest effects. We help you create an advanced supply chain platform with blockchain technology to ensure a high level of transparency and security. as a result, our blockchain development company experts offer you a tailor-made supply chain platform as per your customized business needs.