We consider there to be two categories of products in the supply chain: Inert Produce and Fresh Produce. These two product categories demand different urgencies in delivery and data reporting, since an expensive temperature gauge may not be worth it for paper cups, but is crucial to detect refrigeration problems in fruits and vegetables that could spoil the product.
Inert Produce is Simple to inspect visually or through a process in the supply chain. The Expiration date is far in the future or can be considered indefinite, so urgency is not as great of a concern. Inert produce can typically be commoditized, whereby
- Disposable Cups, Forks and Spoons - Can be made of any type of material, (when was the last time you thought about paper vs plastic cups?) quality is not as much of a major concern, its commoditized in terms of price.
- Solid Pharmemutical Chemicals and Drugs - Tends to be inert powder or pills. There
is an expiration date, but it is far to the future.
- Fresh Produce - Suffers from fast expiration where wasted products must be trashed at someone's expense, and requires rush delivery. Requires real-time validation by IoT sensors at every point of transfer, by IoT devices certified by multiple parties monthly or weekly, with products that fail quality checks or go outside of a certain temperature range to be tossed. Also might require more complex validation processes for expiration.
- Fruit and Vegetables - Fresh produce must be certified as organic or non
- Blood -
- Organs -
- Bubble Assets - The hot new toy for Christmas has a significant jump in value starting from or before Black Friday, and supply needs to be carefully managed to maximize profit while ensuring availability. The toy can be considered to be "spoiled" if it is not delivered in time, since it would only be saleable at market rate or even discount rate rather than a higher rate, since demand ebbs off.
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