WayCool Addressing Food Loss Case Study Solution

WayCool Addressing Food Loss

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In conclusion, food losses have never been a problem for many countries. In fact, in some countries, such as Italy, China, and the US, food waste is practically zero. However, in many countries, including the US and UK, food losses are still a huge issue. In 2020, the global food loss and waste rate was estimated to be 14.6%. In the US alone, this equates to $100 billion of food waste per year. I argue that food losses should not be ignored as a significant problem. In fact,

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As the world population has increased exponentially, food production has grown, but food waste and loss have also become an increasing concern. This is because consumers want a lower price tag, but they are willing to eat less because of the affordability, especially when it comes to snacks, sandwiches, or salads. Moreover, most people are unaware that much of their food is going to waste, which is a huge issue that the world can solve. This is why WayCool, with its advanced software technology, addresses food loss with food tracking and traceability systems, and

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I have had the opportunity to interview people in charge of various aspects of food management within a large food-service company in Singapore. I recently finished a thorough study that highlights the problem with food loss in Asia. The results were startling. One hundred percent of the food produced in the world is wasted before it even reaches the customer’s plate. Food waste and hunger rates are both skyrocketing in the region. The cost to the economy and the environment is immense. Food loss can be prevented. Many companies are already taking the necessary steps

Problem Statement of the Case Study

At WayCool, the concept of the ‘Eat Sleep Cook’ is our approach to addressing the issue of food loss. Food loss is the part of food that is spoiled, spoiled or has gone bad before it has been consumed by its intended end-user. As a result, it leads to wastage of food. A study conducted by the Food and Agriculture Organization (FAO) of the United Nations revealed that in 2017, the world had lost 1.3 billion metric tons of food to food loss, or