UNICEF improving food & vaccines supply chain
Despite the many advancements in technology, when one-third of the world’s food is lost or spoiled in logistics because of poor management and human error, the need to come up with problem-solving solutions becomes pressing. However, the challenges associated around logistics are not mere limited to transporting food. For example, the world's largest procurer and distributor of vaccines, UNICEF, wants to ensure the quality and safety of the vaccines. 

Vaccine purchasing has become increasingly complex in recent years as the market has changed. This is due to a growing divergence in the type of vaccines used in industrialized and developing countries. From transporting food to vaccines, inefficiencies of the temperature-controlled supply chains, known as cold chains, often leads to interruptions, issues around safety, and regulatory problems. Nearly 50-60% vaccines lose their efficacy owing to cold chain failures. In addition to this, 80% of the vaccines lose their efficacy due to supply chain mismanagement. UNICEF Innovation Fund essentially provides equity-free funding for startups to strengthen their technologies. The investment is to develop the technology in general and is not a commercial contract. 


Read also:
Indian startup get funding from UNICEF
StaTwig, a firm which uses Internet of Things (IoT) and blockchain to monitor every minute step of the products’ journey, providing complete transparency and preventing disruptions in large-scale deliveries. 

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