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IBM, Chainyard to implement blockchain network to simplify supply chain management for food, beverage processors

Trust Your Supplier creates a digital passport for supplier identity on the blockchain network that allows suppliers to share information with any permissioned buyer on the network.
August 6, 2019
IBM, Armonk, N.Y., and Chainyard, Morrisville, N.C., announced Trust Your Supplier (TYS), a new blockchain network designed to improve supplier qualification, validation, onboarding and life cycle information management.
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Marfrig signs deal with ADM to produce plant-based burgers in Brazil

Under the deal, ADM will be responsible for supplying the primary raw material used in the process, while Marfrig will produce, distribute and sell the products in the foodservice and retail channels.
August 6, 2019
Marfrig Global Foods, Brazil, announced an agreement with Archer Daniels Midland Co. (ADM), Chicago, to produce and sell vegetable protein-based products in Brazil.
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IBM, Chainyard collaborate with food, beverage companies to simplify supply chain management using new blockchain network

By using a decentralized approach and an audit trail built on blockchain, Trust Your Supplier is designed to eliminate manual processes and help reduce the risk of fraud and errors.
August 6, 2019
IBM, Armonk, N.Y., and Chainyard, Morrisville, N.C., announced Trust Your Supplier, a new blockchain network designed to improve supplier qualification, validation, onboarding and life cycle information management.
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IF&P Foods, Get Fresh Produce form food distribution platform

The consolidated entity is said to be one of the largest independently owned fresh food distributors in the country.
August 6, 2019
IF&P Foods, Indianapolis, Ind., and Get Fresh Produce, Bartlett, Ill., created a new company called FreshEdge, which consists of a collection of produce and specialty food distributors.
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Study: CPG industry supports 20M U.S. jobs, contributes $2T to GDP

The findings from the study show that the CPG industry supports 20.4 million jobs that generate $1.1 trillion in labor income, and contribute $2 trillion to the nation’s GDP.
August 6, 2019
The consumer packaged goods (CPG) industry supports one in 10 U.S. jobs, and is the largest manufacturing employer in the United States, according to a new report released by the Grocery Manufacturers Association (GMA), Washington, D.C.
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