Topics: Food Safety Modernization Act
If you’re like most food industry professionals, you are well aware of the Food Safety Modernization Act and its impact on the industry. And while FSMA has been front of mind for the industry even well before President Obama signed it into law over 5 years ago, it's finally getting real for the food industry with the first deadline for most large food manufacturers hitting on September 16th.
They’re the type of recalls that tend to make the biggest splash in the news. They send consumers running to their pantries or refrigerators to check dates and leave other brands of consumer packaged goods asking themselves, “What if this happened to us?”
When your food company or restaurant chain first begins to take off, the growth can be exciting and—as any fast-growing brand will admit—a little overwhelming.
For the food industry in particular, high growth expansion can make it difficult to maintain your standardization processes, which can cause supply chain confusion and lead to unfortunate mistakes.
And given how important it is to establish trust with your customers, the inability to standardize your processes can make living up to a consistent and reliable brand difficult. When your customers can’t rely on a standard of quality, service and trust, your brand’s reputation is likely to suffer.
We live in a time of rapid technological evolution—a time when systems and devices change so quickly, staying ahead of the curve requires dedication and foresight. Allowing your organization to lapse, and allowing processes to become outdated, often means losing your place as an industry leader and missing opportunities to grow. But in the food industry, failing to keep up can also mean compromising your brand reputation and failing to comply to regulations.
We’ve discussed FSMA a few times on this blog (like here and here), but perhaps equally important for companies that rely on foreign imports is the Foreign Supplier Verification Program. For larger companies, the FDA is only giving importers 18 months following the final ruling to meet FSVP provisions—which means there’s no time like the present to figure out how these changes affect you and your company.
To help you prepare, we’re breaking the regulation changes down into five must-know facts about FSVP.
Topics: Supplier Management
Food recalls. It’s rare for a day to go by when one isn’t announced. Large or small, mandatory or voluntary, food recalls come in all shapes and sizes, but they all have one thing in common - they are a major disruption to your company’s supply chain.
A recent study by a professor at the University of Notre Dame found that being able to trace a product through the supply chain is critical to quickly locating and removing bad products during a food recall. Yet many companies are struggling with implementing food traceability systems.
We sat down with the study’s lead author, Dr. Kaitlin Wowak, assistant professor of management at Notre Dame’s Mendoza College of Business, to talk more about the benefits of end-to-end traceability for effectively managing food recalls.
First there were cleantech, greentech, fintech and biotech. Now one of the latest tech sectors to see fast-growing venture capital investment is agriculture technology, or AgTech, and it could spell the beginning of an agricultural renaissance.
AgTech is the use of technology to improve agricultural productivity and commerce. After several stagnant decades, interest and investment in the industry has jumped in recent years, with AgTech garnering $2.36 billion in investment in 2014.
So what’s driving the AgTech boom and what does it mean for the food industry?
Topics: Agriculture Technology
As anyone in the restaurant business will tell you, customer loyalty is absolutely essential to success. After all, loyal customers aren’t just the ones spending money at your establishment—they’re also the people writing reviews online and telling their friends to visit. In other words, a trusting and loyal customer is worth their weight in gold. But how can you make sure your customers stay loyal?
Here are five big mistakes restaurants should avoid to maintain customer loyalty.
Transparency is no longer a “nice to have” quality for food companies—it’s mandatory. Today’s consumers want to know as much as possible about what they’re eating: 65 percent say it’s important to understand how their food is produced, 51 percent want clear and accurate labeling, and 47 percent want clear information on ingredients and sourcing.
The most effective food organizations are using marketing materials to communicate key information consumers want to know and build deep customer loyalty. Here are five brands that are showing customers that food transparency is a major business priority.
Topics: Supplier Management