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AgTech

Beyond TP and Sanitizers: Why a Virtual Exchange Platform Serves the Food Industry Year Round

Just because it felt like 40 days of blizzard shopping during the pandemic stock-up this spring doesn’t mean that blizzards won’t send shoppers scrambling again to empty store shelves. And don’t forget hurricane season is here, along with back-to-school season and autumn rife with concerns about ongoing spread of COVID-19. In short, the food industry needs to prepare for any eventuality.

The new Food Industry Exchange, an electronic, subscription-based sustainable marketplace developed for FMI-The Food Industry Association powered by The Seam is a valuable tool in shoring-up supply chains in anticipation of disruption. The Food Industry Exchange launched during the early weeks of the pandemic, when demand at retail was swelling and foodservice vendors were faced with high levels of supplies. Since then, the platform has addressed the urgent needs of retailers, wholesalers, suppliers and, ultimately, consumers.

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AgTech Company News

FMI and The Seam Partner to Create Digitized Food Supply Chain Platform

Food Industry Exchange sponsored by FMI powered by The Seam launches

MEMPHIS, Tenn., May 6, 2020 – FMI—The Food Industry Association and The Seam, a leading provider of commodities trading and agriculture software solutions, today announced the launch of the Food Industry Exchange sponsored by FMI powered by The Seam. The sustainable marketplace was created to immediately address the urgent needs of retailers and wholesalers by showcasing products and services available in a digital space and on an ongoing basis.

The primary purpose of the platform is to bring vast efficiencies to the food supply chain, while also serving as a critical tool in times of need. Retailers requiring additional resources to fulfill needs at grocery stores, are connected with sellers that have capacity of products, transportation services, labor, and warehousing services.

Not only specific to the COVID-19 pandemic, the platform also fills long-term needs of FMI retailers/wholesalers for product discovery and procurement now, in future times of disruption and in good, blue-sky days.