Investing in a food safety software not only helps protect the consumer and food product and quality, but it also helps demonstrate a commitment to risk reduction that insurance agencies look for when offering lower premiums.
With existing and emerging issues with supply chain coordination, companies have had to put extra thought into optimizing their supply chains. The food industry is known to have a complex web of supply chains that span multiple levels. In 2021, the food service and retail verticals supplied $2.12 trillion worth of food. It’s a massive industry that has been hit hard by shortages, inflation, and supply chain disruptions.
A critical component of any food company’s quality management is a decisive corrective and preventive action (CAPA) system to ensure product safety. The FDA defines corrective and preventative action as “One of the most important quality system elements."
![How Supply Chain Disruptions Are Changing Mindsets [Session Spotlight]](https://blog.foodlogiq.com/hubfs/SessionSpotlight.png)
FoodLogiQ's Virtual reCONNECT 2022 focuses on the Modernization of the Food Chain. Attendees will learn about Navigating Regulatory Changes, Utilizing the Right Technology for their company, and Digitizing the Supply Chain. Our popular user group meeting comes with on-demand presentations, topical roundtable sessions, and other engagements to connect the industry further.
For many businesses in the food industry, the need for a robust, centralized supplier management program was only reinforced by the COVID-19 pandemic. The prolonged disruption caused by the pandemic highlighted the distributed, complex, and sprawling nature of global food production operations as differing restrictions across countries – and even within them – led to shortages and delays up and downstream for nearly all stakeholders.
