Cold Chain Logistics Procurement Intelligence: A Roadmap to Success
The cold chain logistics market is expected to grow at a CAGR of 18.9% from 2024 to 2030. The worldwide increase in demand for perishable items which are required to be stored and transported at an appropriate temperature to maintain their freshness and quality has led to the increase in demand for these services. Good cold chain logistics networks, which involve effective collaboration between suppliers, transportation providers, and customs officials to ensure timely delivery and compliance with international standards, are crucial in meeting the demand for fresh items across borders. The Food Safety Modernization Act of 2011 is responsible for the majority of cold chain logistics operations. This law has increased the Food and Drug Administration's control over product handling and transportation from the manufacturer to the store to the customer. The law requires shippers, loaders, motor or rail vehicle carriers, and receivers of these perishable items to employ sanitary pract...