IoT is witnessing an increased growth in the food industry. One of the major areas where IoT is used in the food industry is to improve food safety. For instance, real-time temperature tracking sensors could be used in cold chain management for ensuring food safety. IoT also helps to ensure more transparency in the food supply chain and connects the supply chain with real-time product data for ensuring transparency.
IoT could be used to monitor the condition of food products and could inform the assigned individuals or employees when food is present in excess in a storage facility and helps to reduce food wastage. Placing an IoT sensor in a shelf filled with fruits or food with shorter shelf-life could assess food condition based on predictive analytics and can provide a forecast of the freshness of the fruit/food. This helps supply chain employees to manage their stock based on product data, proactively.
With accurate prediction and proactive responses due to the implementation of IoT, vendors in the food industry can improve their margins and could make better decisions regarding future activities. Data captured from sensors, can be used to identify any issues in food storage leading to quick intervention from employees. This reduces food getting decayed, and thereby minimises financial losses.
Currently the use of IoT in food industry is limited though there is a scope for huge improvements in the future. IoT combined with software powered by AI and machine learning could be the next trend in the industry and could make significant advances in productivity, efficiency, and spending in the food industry. Due to these advantages it is expected that many vendors in the food industry would adopt IoT in the nearby future.
– Arjun Das,
Senior Research Analyst,