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Ep 130: Is the Food Supply Chain broken?

Can we fix our food supply chain? Yes, we can! And companies like SIMPLi are going to be at the front of that fight. Today, I’m joined with Matt Cohen, co-founder of a company called SIMPLi that is revolutionizing the food supply chain. Learn more how Matt and everyone at SIMPLi are working directly with farmers to bring better products to consumers while also helping those farmers as much as possible.

SIMPLi, an ingredients company whose mission is to bring the best, most nutritious and delicious single-origin ingredients (quinoa, extra virgin olive oil, beans, etc.) from around the world to your kitchen.

Matt and co-founder Sarela Herrada

EatSimpli.com

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Show Notes

  • Matt’s Background
  • Entreprenuers
  • Metaverse
  • Start of Simpli
  • Normal Supply Chain vs SIMPLi
  • Fraudulent food activity?
  • How has Covid impacted these small farmers?

SIMPLi, an ingredients company whose mission is to bring the best, most nutritious, and delicious single-origin ingredients (quinoa, extra virgin olive oil, beans, etc.) from around the world to your kitchen.

  • Eliminate fraudulent activity in the supply chain + create sourcing transparency on a global level. Food fraud is estimated to cost the industry between $30-40 billion per year. By working directly with growing communities in Peru and Greece to consolidate all the middle parties (co-ops, broker, exporter, importer, distributor, etc.), they have been able to create a fully vertical supply chain for getting products from farms to consumers, preventing 100% fraudulent supply chain activity.
  • Combat climate change. Agriculture emits an estimated 10.5% of greenhouse gases. SIMPLi’s partners use regenerative organic farming in order to grow the most nutritious ingredients possible and to minimize the harmful effects that conventional agriculture has on our environment. Simpli has helped 560 farmers and 1,060 acres transition from traditional to regenerative organic working farms.
  • Supporting global farming communities. After harvest, ingredients will touch about seven steps in the supply chain before landing in the hands of a business or consumers. These middle players can trigger a number of transaction fees, taking money directly away from farmers. Because of SIMPLi’s simple supply chain of “Farmer – SIMPLi – You”, they are able to pay above market price and improve the livelihoods of their farmers.

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Transcript

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