Recycling food waste (FW) into secondary products can transform the waste-to-value. This study proposes reducing FW through IoT controlled preservation and consuming it through a secondary supply chain (SSC). It explores the best policies for SSC management that recycles FW. The food chain comprises of multiple food processors for preparing multiple food products, and a common retailer where IoT based preservation curtails food deterioration. The SSC consumes the FW by recycling into multiple secondary products at multiple recycling plants and retailing at a secondary retailer. A dual channel waste collection viz. from retailers and consumers is maintained. Each product within primary and secondary supply chains (PSSCs) has a different lifetime, rate of deterioration (RoD), and preservation effectiveness. A nonlinear mathematical model is presented that optimizes decision-making for maximizing profitability. Outcomes of computational experiments demonstrate that the SSC removes 100% of the FW, conserves 89% of material resources, reduces 16% of the total cost, minimizes preservation efforts by 50%, improves replenishment cycle, and increases profitability by 39%. Some managerial insights are provided for making vital supply chain decisions.
