In the current global landscape, food loss and waste (FLW) persist as a significant challenge, accounting for one-third of global food production and directly impacting 700 million individuals. Beyond its social ramifications, FLW incurs substantial economic costs and raises environmental and ethical concerns. To address this issue, our paper presents a comprehensive systematic overview within operations management, offering a framework that delineates diverse supply chain types, defines FLW, examines its multifaceted impacts, and outlines reduction strategies. Emphasizing a holistic perspective, we utilize various case study approaches to shed light on the global implications of FLW, aiming to contribute to ongoing research endeavors. In exploring the depth of FLW, we build upon two foundational premises: the actions taken by rational actors towards FLW reduction hinge on the balance between benefits and costs, guiding policy formulation. Effective policies necessitate a thorough understanding of synergies, potential unintended consequences and trade-offs. The absence of comprehensive information on FLW leads to both excessive and insufficient rates of FLW. Justifying public intervention lies in its potential to enhance food security, efficiency, and environmental sustainability, albeit quantifying these effects poses challenges. Our overview paper identifies key challenges in FLW policies, encompassing measurement, quantification, interdependencies within the and trade-offs, and value chain in food policy objectives. Despite these challenges, the paper guides the enhancement of loss measurement for targeted interventions, emphasizing investments in policies that foster a conducive business environment and government-led initiatives in awareness and incentive modification. The study also sheds light on crucial gaps in knowledge, including data deficiencies and variability in estimates, calling for standardized data collection methodologies and targeted research initiatives. By addressing these gaps and emphasizing collaborative efforts, this research contributes to a nuanced understanding of FLW, advocating for improved strategies to tackle this multifaceted issue.
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