Consumer Goods Forum GFSI briefing on food chain transparency
1. TRANSPARENCY WILL NO
LONGER BE AN OPTION
John G. Keogh
President & Principal Advisor
Shantalla Inc.
Toronto, Hong Kong & Viet Nam
2. Transparency will not be an option because;
• The regulatory system is driving new rules and regulations...
•
FSMA, EU 1169/2011, California Transparency in Supply Chains Act (2010), WCO single window
• The food chain is global… and complex !
•
Food safety incidents at the ingredient level can have severe consequences
• Tech savvy consumers driving demand for information
•
there is a gap between consumer expectations and ability to deliver !
• Global sourcing is complex and carries risk…
•
2
driving the need for best practices and community based capacity building
4. Transparency will not be an option
The Regulatory system is driving new rules and
regulations…focus is beyond food safety
Transparency is vital to the 4 pillars of the Global Food System
7. The Source of
information has
moved from the
package or 800#
to an app that uses
a scanned barcode
Source: Future Value Chain 2020, TCGF, Capgemini, HP, Microsoft
12. Transparency will not be an option
Next Generation Strategy – Value Transparency
But….a focus on
staying in business will
not drive growth or
encourage investments
beyond the minimum
requirements…
Value
Transparency
FOCUS: Staying in Business
TODAY
Compliance
Transparency
FOCUS: Increase Value
Regulatory
Compliance
Supply Chain
Transparency
Risk
Reduction
Branding &
Marketing
13. Transparency will not be an option
In Summary…
• The supply chain is global and complex…
•
think beyond food safety to value transparency
• Transparency is an enabler of trust…
•
think brand value and differentiation
• Transparency will not be a option…
•
think consumer and digital
• Be part of it rather than subject to it…
•
think shareholder value and take leadership