Food and Funding!

Dear Readers,

While the World will observe the World Food Safety Day on June 07, the Global Report on Food Crises (GRFC) for 2023 highlights that the number of people experiencing acute food insecurity and requiring urgent food and livelihood assistance is on the rise. The report indicates that over a quarter of a billion people are facing acute hunger, with economic shocks and the Ukraine war contributing to the increase. In 2022, around 258 million people across 58 countries and territories faced acute food insecurity at crisis or worse levels, up from 193 million people in 53 countries and territories in 2021.

As the threat of another year of food crises looms ahead, our Cover Story looks at addressing challenges such as food wastage, food safety and quality and environmental impact. Experts from this sector discuss multiple innovative ways including implementation of sustainable production processes, ethical sourcing, clean and efficient supply chain, etc. Read on to know more.

The start-up funding winter continues in this soaring heat. In the Special Report section, seasoned investors reveal their evaluation strategy, and tips that supply chain startups can address to become more attractive for VC and PE investments.

This issue packs in a lot more including potential of Metaverse in supply chain, use of Applicant Tracking System (ATS) to get the best match for both parties, and some more on customer-centricity and use of lean management principles for resilience.

Enjoy the read and let us know what you think.

Charulata Bansal Publisher

Charulata.bansal@celerityin.com www.supplychaintribe.com