Between Farm and Fork, the economic cost of food wastage is tremendous. In Europe alone, 88 million tons of food is wasted, with an estimated cost of €143 billion. This staggering finding is shared among other countries and if often indicative of developed countries and consumerist lifestyles.
Retailers often experience a large proportion of food wastage caused by several factors such as overstocking items, inaccurate forecasting, or inappropriate quality control. Consumers expect at least three to five days of shelf life after they purchase a product, and retailers have a role to play in ensuring they meet their customers needs. In the supply chains for perishable products, all partners have a shared responsibility for minimising losses and making sure high-quality products reach the end consumer, in a timely manner.