With the shift in trends for food production and growth of technology, what is the future of quality and food safety audits? See attached a presentation by Peter J. Holtmann with great insights into what the future holds..

1. Keeping Pace with
Food Trends
How does auditing
remain relevant?

2. 3 Future Trends
TechnologyPeople
Food Production
and Consumption
Location
Facts Sourced through FAO

3. Food Production and Consumption Location
By 2050 World’s
Breadbasket
World's’ Hungriest
Nations
China India
Mexico Brazil
Indonesia
Biggest Investors
in Food Production
Brazil China
Russia India

4. People
Evolution of the wealth share in emerging markets
Source: Credit Suisse
The middle class per country (in million adults)
Source: James Davies, Rodrigo Lluberas and Anthony Shorrocks, Credit Suisse
Global Wealth Databook 2015
Future
wealth

5. Technology

6. How does this affect the audit process?
Location
• Production is
becoming
increasingly
remote to food
supplier
• The ownership
of the food
becomes harder
to trace
People
• Auditor
population is
decreasing
• Auditor
competencies
stagnant
• Internal vs
External expertise
gap is widening
Technology
• Options to utilise
technology are
expanding
logarithmically
• Demand to
utilize
technology as a
means to drive
productivity is
also increasing
and auditor
accountability

7. What is the opportunity?
• Combine technology with human capital
• Use online audit platforms, linked with
social networks, to create a world-audit-
web.
• iComplied – Compliance platform
• Share data with consumers
• Feed the demand for data by providing
access to audit outcomes
• Trivago, Expedia, Google
• Use data to influence compliance
standards
• WHO, FAO, G20, GFSI
• Use crowdsourced expertise to develop
online systems
• Rosetta

8. What’s the upside?
• Confidence at the speed of light
• Real-time data, instant reporting builds confidence of choice by the
consumer
• Foreigner investors in infrastructure development can track their
investment in terms of practical applications
• Quality, safety, environmental controls improve, homogenize
• Move towards a unified approach of compliance
• Social responsibility and accountability becomes a mandatory
condition
• Education and use of controls evolves
• Micro-producers learn from global brands how to think, act and
demonstrate best practice

9. What’s next?
Mindset shift
• Audits can be remote
• Internal expertise (auditee) can be equal to or greater than
audit expert
• Reliance should turn to online verification of control as opposed
to offline validation
• Compliance results are not commercially sensitive and can be
used to drive competition

10. Where do you go for
thought leadership?