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What is Lot Tracking in the Produce Industry?

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What is Lot Tracking in the Produce Industry

Taking detailed accounts of the wares in your inventory is an important part of running a produce business. With the large amounts of produce that arrive daily at your warehouse, this can quickly become tiresome. Having a system that helps keep track of inventory can take a lot of the stress away. Lot tracking is an example of such a system.

What is lot tracking?

Also referred to as batch tracking, lot tracking is a system used in inventory management to follow the progress of raw materials that go through the production process. In the produce business, this system is used to track produce, starting from when they arrive at the store to when they are shipped to distributors.

This system allows distributors to keep track of where each batch is coming from, as well as which vendors receive certain goods. This simple process has a number of far-reaching benefits that should not be overlooked.

Benefits of lot tracking in the produce business

Lot tracking has various benefits that can vary depending on your unique industry. For the fresh produce industry, here are a few of those benefits: 

  1. Easy inventory organization

This is the most basic benefit of lot tracking. With your produce arranged in batches and labeled, lot tracking keeps your inventory organized. This makes it much easier to keep stock of what you have in store, keeping track of what goes in and what goes out. The fact that each lot is labeled makes it easy to track where each lot has been shipped to. 

  1. Achieves regulatory compliances

While lot tracking is not always mandatory, it is critical in the fresh produce industry. A deviation from produce quality standards in this field can have negative effects. Hence, regular inspections of produce businesses by governing bodies are necessary. Lot tracking is necessary for the inspection of distributors who have been found to not be in compliance with regulations; they may face heavy financial consequences.

  1. Helps maintain product quality

Quality is an important part of the fresh produce business. Lot tracking helps ensure that only produce that meets your business or national quality standards gets shipped to your vendors. This prevents sub-quality lots from being shipped out. 

  1. Helps handle contamination

Contamination can be a really big problem in the fresh produce business, one that should be handled as soon as possible. Lot tracking makes handling cases of lot contamination easier by making it easy to track the source of the contamination. It also helps ensure that contaminated produce is not released into the market.

  1. Helps contain spoilage

It’s a well-known fact that fresh produce starts to spoil when it comes in contact with other spoiling produce. Lot tracking helps ensure that spoilage is contained within singular lots and reduces the spread of the damage to the other perishables in store.

  1. Easier product recalls

Product recalls can be a serious pain if you have no idea which of your vendors got what. With lot tracking, you know exactly which vendor received which goods. This way, you can easily call back faulty goods on time before things get out of control.

Keeping track of all the lots that go through your business can be tedious work though, especially if your business is a large one. 

ERP systems can help you with handling this by providing lot tracking solutions that can help improve traceability. These software solutions provide even more unique benefits to your fresh produce business. These include:

  • Simplified lot keeping process

Lot tracking is a detailed process. The more produce your company deals with, the more complex the process becomes. Lot tracking solutions help simplify this process by making it all fully automated, thereby reducing the stress involved.

  • Reduced risk of human error

Keeping track of the hundreds of lots that come in and go out of your store (including where each lot is coming from and going to) can be very overwhelming. The more lots you have to manually track, the higher the chances of making a mistake. Lot tracking solutions help reduce the chances of making these errors by streamlining the tracking process.

  • Better recordkeeping

Recordkeeping is an important part of the inventory process, but traditional paper documentation can only do so much. On the other hand, lot tracking solutions are more flexible and versatile. They are easy to follow and edit. What’s more, they can hold records of past lot tracking activities much better than any paper documentation system can. Not to mention they take up less space.

  • Improved ease of access

Lot tracking services like those offered by ERP systems are online services. This offers your business a wide range of produce tracking benefits, including easy access to your lot’s history anywhere you are, right from the comfort of your personal devices. This way, you can obtain immediate insight into what you have in stock and what you need to stock up on without needing to physically be at the store. 

  • All the data you need in one place

Whenever you need to make recalls, determine which produce is trending in the market and determine which suppliers are providing bad goods. Lot tracking solutions can be of use here. Since these solutions gather your data into one location, this makes it easy to access so that you can take the necessary actions.

Lot tracking offers numerous benefits to you as a produce distributor and is something you should consider implementing in your business. If it’s a system you are already making use of, you might want to consider employing the use of lot tracking solutions, especially those offered by produce industry-specific companies. These solutions provide industry-specific services, making them far more effective for lot tracking in the produce business.

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Mozilla report found more than a dozen TikTok influencers who had undisclosed paid relationships to post political messages; TikTok banned political ads in 2019 (Mozilla Tiktokzakrzewski Washingtonpost)

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Mozilla Tiktokzakrzewski Washingtonpost

Mozilla Tiktokzakrzewski Washingtonpost: A recent report conducted by Mozilla found that more than a dozen TikTok influencers had undisclosed paid relationships to post political messages on their videos, the company banned political ads in 2019. This decision has been applauded by various activist groups and has been seen as a “victory for free speech”.

Not everyone is happy about this. As of now, it’s not known whether the TikTok app will still be able to use third-party content from content creators with undisclosed paid relationships. It’s also not clear what the ban on political ads means for the app.

The report was released by Mozilla, a major free web browser provider and anti-privacy organization. The report argued that political messages were being spread through the video platform without users knowing that they were paid promotion of propaganda. Specifically, 7 Indian political parties allegedly used TikTok to influence voters ahead of the 2019 Lok Sabha election. TikTok has been widely used in India because it is unable to detect political content and is mostly used by young people in India. TikTok is an app that allows users to post and share videos with one another.

The CEO of Mozilla, Mark Surman, claimed that the platform had been used for “political propaganda” for a long time. He claimed this was not only a problem in India, but globally as well. He also claimed that such incidents are not unique to India and are happening all over the world. The report also stated that many of these political influencers have more than 100,000 followers on the app. Allegedly, these users were able to get their political messages across without anyone knowing that they were paid promotions.

At the same time as the report was released, Mozilla CEO Mark Surman said that TikTok has removed all of these videos from its platform and banned political advertising on its app. He said, “It shows a clear desire from TikTok to address this problem, so we’ve decided to temporarily suspend our work with them. We will resume engagement with TikTok when we know they’ve solved this problem.”

Mozilla has decided to stop working with TikTok for an undisclosed amount of time. Mozilla also announced that it would work with other companies to make sure that political messages would not be able to be spread on their platforms for the next 4 months. The company also announced that it would work with Google, a major search engine, YouTube, a popular video streaming platform, and Facebook in order to address the issue.

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Facebook will announce a suite of audio products on Monday, including a Clubhouse-like app, a podcast discovery product connected to Spotify, and more (Sources Monday Clubhouselike Spotifykafkavox)

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Sources Monday Clubhouselike Spotifykafkavox

Sources Monday Clubhouselike Spotifykafkavox: Facebook will announce a suite of audio products on Monday, including a Clubhouse-like app, a podcast discovery product connected to Spotify, and more.

The announcements are part of Facebook’s efforts to stay competitive in an increasingly crowded social media space dominated by other companies who have fleshed out their audio offerings.

It might seem like Facebook is moving too fast in the media realm, but those who know around here know that it’s just following the rest of tech. A few years ago, the company’s advertising executives were inventing and experimenting with a range of new ad formats. From that came the creation of Timeline, its news feed, and the addition of paid ads to the social network.

On Monday at its F8 developer conference, Facebook will announce a trio of audio products — an updated version of Clubhouse which will be known as “Timeline Chats”, a podcast app called “Podcasts”, and “high quality audio” as part of Instagram.

Clubhouse first launched in 2016 as a private community where Facebook employees post 10-minute audios. It’s sort of like a Facebook-focused version of The Moth, the live storytelling event and podcast. The feature will be open to the public starting Monday (for those willing to signup for one of this thing).

Facebook is also launching a new podcast app called “Podcasts” that will be available on iOS and Android and connected to Spotify — a first for Facebook. The feature could be a competitor to the likes of Apple’s Podcasts app. Facebook is also integrating podcast listening with its main app. So people will be able to listen via their news feed, of course.

The third product is high-quality audio, which is said to be “a new format optimized for sound quality and created with the latest in audio technology”. I’m just going to say that it’s probably a way for Facebook to easily differentiate its audio products from rivals.

Facebook already has a lot of tools for recording and editing audio, especially video. With standalone products, the company can increase user engagement and promote vertical video content over horizontal videos.

Facebook has been investing in several other audio products as well.

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Wejo, which collects and analyzes real-time vehicle data, is going public via a SPAC merger to raise $330M, which will value Wejo at $800M including debt (Wejo Spac 330m 800m)

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Wejo Spac 330m 800m

Wejo Spac 330m 800m: Wejo is a predictive analytics company that specializes in collecting, analyzing, and interpreting real-time vehicle data. They operate out of the globe’s largest traffic network and have built the world’s largest connected vehicle telematics database.

The company has been privately held since 2006. Wejo plans to enter public markets via an SPAC merger with Criora Health, which will be renamed Wejo Inc with a publicly traded ticker symbol of WJHO. The merger is expected to close in Q3.

The SPAC is a new form of hybrid private/public company that has been gaining popularity in certain industries including healthcare, IT, and cloud-based security services.

Wejo’s real-time software enables consumers to monitor driving patterns and behavior via an on-board telematics device, or log into their account online to review the data. The company has been providing these solutions for more than a decade to consumers, dealers, and auto manufacturers in the U.S. and Europe.

The data that Wejo gathers from its network of connected vehicles is available to a wide range of businesses, including auto insurers, dealerships, finance companies, and auto OEMs. The company also collects data from non-automotive sectors such as delivery fleets and shuttle buses among others.

Wejo has operational headquarters in the U.S., and is listed on the OTC Markets under the ticker symbol WJHO. The company also maintains a research, development, and engineering center in Palo Alto, California. Wejo’s operating headquarters are located on the campus of Lehigh University in Bethlehem, Pennsylvania.

Wejo operates its largest connected vehicle telematics database, which consists of more than eight billion connected miles of driving data gathered from over three million vehicles. The company currently analyzes data from over seven hundred thousand vehicles in the U.S., fifteen thousand fleets outside the U.S., and twelve thousand transit buses around the world.

The company currently operates five technology platforms. Wejo’s Real-Time platform is a web and mobile portal that allows users to analyze, visualize, and share driving patterns and behaviors. The company’s fleet management platform includes features such as fleet routing optimization and real-time fleet analytics. The Mobilize platform offers a unified user interface for device management systems and connected vehicles.

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