Tyson Foods Streamlines Supply Chain Needs
Tyson Foods will implement the FoodLogiQ Connect Manage + Monitor solution in an effort to gain global supply chain visibility, streamlined supplier management, and quality issue tracking and reporting.
The consumer packaged goods company's food safety team recently joined a number of industry leaders as participants in FoodLogiQ Lab's new blockchain pilot, which made this partnership a natural progression, according to Dr. Scott Stillwell, Tyson's senior vice president of food safety and quality assurance.
"Tyson Foods and FoodLogiQ are aligned in our commitment to food quality, safety and transparency," said Stillwell. "We're both innovators within the food industry, always staying in front of emerging food and technology trends, and both believe in providing superior products to our customers. Tyson Foods strives to work with business partners who help us elevate and enhance our performance, and we look forward to working with FoodLogiQ."
Meanwhile, the Tyson Ventures team (the company's venture capital arm) is one of several companies providing investor funding to FoodLogiQ during its B round of investment. FoodLogiQ is a SaaS provider of food safety compliance, whole chain traceability and supply chain transparency solutions.
Tyson will leverage the FoodLogiQ Connect platform to:
- centralize supplier documentation to meet corporate quality standards and facilitate new product evaluations.
- Track and report on quality issues across the supply chain and address issues with suppliers directly to drive product quality.
- Leverage data-driven reporting to help make informed decisions about food quality issues, supplier performance and expiring documents.
"The name Tyson Foods is synonymous with excellence, and we are proud to add their company to our growing list of customers answering the call for greater transparency from their consumers," said Katy Jones, FoodLogiQ's executive vice president of sales and marketing."