Ensuring food and drink quality
Problem: Customers are increasingly conscious about both the quality and providence of their food and drink.
Solution: A complete digitization of the value chain means that goods can be tracked from farm to plate, with IoT sensors providing in-depth information about each product and its condition. Food marketed as organic can be undisputedly verified as such.
Case: Mediterranean Olive Oil - Olive Oil is known for its many health properties, but how can we be truly assured of its quality? While the processing of oil doesn’t involve many chemical substances, health hazards can occur at the refining stage; solvent may not be removed properly, or pesticides used. Furthermore, in the pursuit of greater profits, there have been instances of adulteration being uncovered.
Ambrosus provides transparent and secure data that everyone from producers to retailers and consumers can scrutinize, detailing both production and delivery along with the elements that can be found within each bottle.↖ Read more here
Countering supply chain fraud
Problem: Supply chain fraud is extremely prevalent and hard to track, resulting in a thriving black market and a loss of trust in genuine products. The counterfeit food market alone is estimated at $49 billion a year.
Solution: Proof of compliance is assured through automated reporting on our transparent decentralized network. Up-to-date shipment reports and other trade documents bringing reliable manufacturer and logistical information for easy inspection.
Case: Swiss Cheese - There are over 450 cheese varieties in Switzerland, with 200,000 tonnes produced, of which 70,000 are exported annually. Scandals have arisen where the strict requirements for production have not been met, but have nonetheless been passed off as the real thing.
Through detailed product information and IoT traceability from origin to delivery, Ambrosus is bringing trust back to the industry through immutable data that verifies Swiss cheese’s high quality.↖ Read more here
Supply chain communication
Problem: One of the key factors in the ongoing US supply chain crisis is the lack of transparency, leading to bottlenecks, and wasted time & money.
Solution: Consolidated and trusted information on a decentralized network allows for real-time information sharing, meaning goods can be delivered at ports and facilities without congestion.
Case: Pharmaceutical goods - The timely delivery of medicine can be a matter of life and death. Furthermore, as we have seen throughout the pandemic, the need to quickly and efficiently move large shipments of medicine can be crucial to the health of entire populations.
Along with ensuring product quality and that pharmaceuticals are kept in optimal conditions through real-time IoT data sensors, Ambrosus allows for the tracking of all people, products, and operations involved in the supply chain meaning that shipment bottlenecks are less likely to occurand if they are, the status of goods involved can be linked with insurance contracts that compensate stakeholders in the event of the timely delivery of pharmaceutical goods not being met.↖ Read more here