Governments need to act in cutting down supply chain barriers

According to a recent report entitled "Enabling Trade: From Valuation to Action," supply chain inefficiencies account for as much as 1.3 billion tons of food loss every year. The report claims that "Government leaders need to step out of traditional ministerial silos to lead value-chain reforms and reap the benefits in domestic investment and global trade." Mark Gottfredson, a partner at Bain & Company, said that "Now is the time for governments and businesses to take action on the detailed and difficult work ahead."