Restoring consumer confidence means that supply chains need to work harder to tighten controls, improve visibility across their processes, and provide a joined-up picture of a product’s journey from the field or factory to the customer’s front door.
The following white paper explores the traceability challenges facing organisations as they make, process, distribute and sell products, the reasons they now need to overcome these barriers, how they might approach this, and what they stand to gain as they achieve greater
transparency both throughout their operations and along the supply chain.
As a very critical industry for the health and well-being of people all over the world, the global food industry is subject to a vast amount of regulations throughout the global supply chain. With ongoing technical progress in automation and data processing, regulations will not only continue to grow, but will also demand more and more input from all participants in the supply chain. To achieve compliance with growing global regulations, it will become necessary
to provide fully traceable evidence about all supply chain movements from raw materials to the finished product. Looking beyond regulations, having full transparency and control over your supply chain can also result in fundamental advantages over the competition. If the available data is used properly, it can be harnessed and leveraged to gain a strategic business advantage including improvements in the overall supply chain procedures and a boost in customer trust and confidence by providing transparency about food origins.
Now is the time to take action and evolve your supply chain strategy...
Now is the time to move beyond simply meeting the minimum expectations of regulatory guidelines and evolve to a more strategic approach to complete supply chain integrity...
Now is the time to keep your company out of the headlines because of a recall or compromised link in your extended supply chain...
The Food traceability (tracking technologies) market is growing at a healthy rate with increasing awareness about food safety among governments and consumers. Governments across the globe are making regulations to track food as it is directly concerned with consumer health.
The Kenya Pharmaceutical Regulatory Compliance Conference – July 25 – 26, 2017 at the Radisson Blu Hotel, Nairobi.
Compliance in the pharmaceutical industry is a critical issue, particularly in Kenya. Pharmaceutical companies across the globe face unparalleled challenges in the dynamically changing clinical, regulatory and business landscape. As regulatory scrutiny of the Pharmaceutical industry continues to intensify, compliance teams face increasingly complex challenges related to Legal Frameworks and Compliance, Effective Third Party Compliance Strategies, Best Practice Compliance Strategies, Internal Controls and Risk Management, Complexities of HCP interactions.
The inaugural edition of the Kenya Pharmaceutical Regulatory Compliance Conference will provide a venue for industry experts, policymakers, manufacturers, distributors, retailers and inventors to discuss and debate the challenges they face as well as explore new strategies.
As a very critical industry for the health and well-being of people all over the world, the global food industry is subject to a vast amount of regulations throughout the global supply chain. With ongoing technical progress in automation and data processing, regulations will not only continue to grow, but will also demand more and more input from all participants in the supply chain. To achieve compliance with growing global regulations, it will become necessary
to provide fully traceable evidence about all supply chain movements from raw materials to the finished product. Looking beyond regulations, having full transparency and control over your supply chain can also result in fundamental advantages over the competition. If the available data is used properly, it can be harnessed and leveraged to gain a strategic business advantage including improvements in the overall supply chain procedures and a boost in customer trust and confidence by providing transparency about food origins.
Now is the time to take action and evolve your supply chain strategy...
Now is the time to move beyond simply meeting the minimum expectations of regulatory guidelines and evolve to a more strategic approach to complete supply chain integrity...
Now is the time to keep your company out of the headlines because of a recall or compromised link in your extended supply chain...
The Food traceability (tracking technologies) market is growing at a healthy rate with increasing awareness about food safety among governments and consumers. Governments across the globe are making regulations to track food as it is directly concerned with consumer health.
The Kenya Pharmaceutical Regulatory Compliance Conference – July 25 – 26, 2017 at the Radisson Blu Hotel, Nairobi.
Compliance in the pharmaceutical industry is a critical issue, particularly in Kenya. Pharmaceutical companies across the globe face unparalleled challenges in the dynamically changing clinical, regulatory and business landscape. As regulatory scrutiny of the Pharmaceutical industry continues to intensify, compliance teams face increasingly complex challenges related to Legal Frameworks and Compliance, Effective Third Party Compliance Strategies, Best Practice Compliance Strategies, Internal Controls and Risk Management, Complexities of HCP interactions.
The inaugural edition of the Kenya Pharmaceutical Regulatory Compliance Conference will provide a venue for industry experts, policymakers, manufacturers, distributors, retailers and inventors to discuss and debate the challenges they face as well as explore new strategies.
Global food traceability market (tracking technologies) to reach $14.1 billio...Lita Person
The Food traceability (tracking technologies) market is growing at a healthy rate with increasing awareness about food safety among governments and consumers. Governments across the globe are making regulations to track food as it is directly concerned with consumer health.
Food logistics market Research, Industry Trends, Strategies, Growth, Regional...IMARC Group
According to IMARC Group, the global food logistics market is expected exhibit moderate growth during the next five years.
To learn more about this market, visit us at: https://www.imarcgroup.com/food-logistics-market
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Rising income levels and growing health-consciousness have increased the demand for fresh food and exotic fruits and vegetables that require optimum food logistics management to maintain their freshness and quality. This has led to the introduction of more efficient cold chain facilities, which represents one of the major factors stimulating the market growth.
For more information, request for a free sample report here: https://www.imarcgroup.com/food-logistics-market/requestsample
Contact Us:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Serialization: Driving Business Value Beyond ComplianceCognizant
Serialization and track-and-trace capabilities are not just useful for meeting regulatory compliance mandates; pharmaceutical companies can also explore their use to improve supply chain planning and operations, elevate patient engagement, and increase sales and marketing effectiveness.
You can get different types of labels which can helps us
in our daily life and instructs us how to handle the
product with safety precautions.To know more please visit
our website.
The product recall and contamination insurance market continued to expand and develop in 2015. Coverage is becoming more commonplace with an increasing number of
companies purchasing policies to supplement their risk management programs. New carriers provided additional capacity and policy wording continued to develop around new exposures and case law. Several high profile events influenced
the manner in which underwriters view and approach risks while regulators and the media continued to focus on issues of product safety.
This publication seeks to provide readers with updates on the risk management of product recall and contamination. It also
summarizes some of the significant events during the past twelve months, reviews new rules and regulations, and provides
updates on the insurance marketplace including tools available to assist firms in evaluating and mitigating their risk.
Infographic - Food and Beverage Barcode LabelingLoftware
The survey, which polled approximately 182 professionals from global companies, uncovered the challenges Food & Beverage professionals face when it comes to barcode labeling in a global supply chain.
Enterprise Labeling for the Medical Device IndustryLoftware
IT’S TIME FOR POWERFUL NEW SOLUTIONS IN MEDICAL
DEVICE LABELING. For medical device manufacturers, labeling is growing in importance, and there are a number of reasons why.
The solutions are geared toward agencies within the chemical and pharmaceutical industry devoted to the investigation, elaboration, and commercialization of additives and products for family cleaning, personal care, cosmetics, food and health, and so forth.
Enterprise Labeling for the Pharmaceutical IndustryLoftware
For the pharmaceutical industry, the focus is on patient safety and improved patient outcomes. It’s also on driving greater efficiencies, cost reductions, and collaboration with contract manufacturers throughout the supply chain. In this environment, labeling is growing in importance, and there are a number of reasons why.
Product and brand management - APARNA CHUGHAparna Chugh
The innovation of uber company expanding its business to the uber pharmacy, providing medicines to customers at the doorstep. Proper marketing plan for generation and implementation of the idea presented.
Appropriate for UK market.
Our white paper on Costa Rica as a Nearshore software service solution and how our services came to be of greate service to a local food distribution company.
EU Commission report on consumer product traceabilityShantalla
Final traceability report completed in late 2013 after a 24 month research project commissioned by the EU DG SANCO - consumers and health. Project team consisted of public and private sectors: 3 EU regulators, 3 brand owners, 3 retailer and 3 experts. I had the privilege of being one of the experts and facilitating the project for approx. 12 months.
Global food traceability market (tracking technologies) to reach $14.1 billio...Lita Person
The Food traceability (tracking technologies) market is growing at a healthy rate with increasing awareness about food safety among governments and consumers. Governments across the globe are making regulations to track food as it is directly concerned with consumer health.
Food logistics market Research, Industry Trends, Strategies, Growth, Regional...IMARC Group
According to IMARC Group, the global food logistics market is expected exhibit moderate growth during the next five years.
To learn more about this market, visit us at: https://www.imarcgroup.com/food-logistics-market
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Rising income levels and growing health-consciousness have increased the demand for fresh food and exotic fruits and vegetables that require optimum food logistics management to maintain their freshness and quality. This has led to the introduction of more efficient cold chain facilities, which represents one of the major factors stimulating the market growth.
For more information, request for a free sample report here: https://www.imarcgroup.com/food-logistics-market/requestsample
Contact Us:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Serialization: Driving Business Value Beyond ComplianceCognizant
Serialization and track-and-trace capabilities are not just useful for meeting regulatory compliance mandates; pharmaceutical companies can also explore their use to improve supply chain planning and operations, elevate patient engagement, and increase sales and marketing effectiveness.
You can get different types of labels which can helps us
in our daily life and instructs us how to handle the
product with safety precautions.To know more please visit
our website.
The product recall and contamination insurance market continued to expand and develop in 2015. Coverage is becoming more commonplace with an increasing number of
companies purchasing policies to supplement their risk management programs. New carriers provided additional capacity and policy wording continued to develop around new exposures and case law. Several high profile events influenced
the manner in which underwriters view and approach risks while regulators and the media continued to focus on issues of product safety.
This publication seeks to provide readers with updates on the risk management of product recall and contamination. It also
summarizes some of the significant events during the past twelve months, reviews new rules and regulations, and provides
updates on the insurance marketplace including tools available to assist firms in evaluating and mitigating their risk.
Infographic - Food and Beverage Barcode LabelingLoftware
The survey, which polled approximately 182 professionals from global companies, uncovered the challenges Food & Beverage professionals face when it comes to barcode labeling in a global supply chain.
Enterprise Labeling for the Medical Device IndustryLoftware
IT’S TIME FOR POWERFUL NEW SOLUTIONS IN MEDICAL
DEVICE LABELING. For medical device manufacturers, labeling is growing in importance, and there are a number of reasons why.
The solutions are geared toward agencies within the chemical and pharmaceutical industry devoted to the investigation, elaboration, and commercialization of additives and products for family cleaning, personal care, cosmetics, food and health, and so forth.
Enterprise Labeling for the Pharmaceutical IndustryLoftware
For the pharmaceutical industry, the focus is on patient safety and improved patient outcomes. It’s also on driving greater efficiencies, cost reductions, and collaboration with contract manufacturers throughout the supply chain. In this environment, labeling is growing in importance, and there are a number of reasons why.
Product and brand management - APARNA CHUGHAparna Chugh
The innovation of uber company expanding its business to the uber pharmacy, providing medicines to customers at the doorstep. Proper marketing plan for generation and implementation of the idea presented.
Appropriate for UK market.
Our white paper on Costa Rica as a Nearshore software service solution and how our services came to be of greate service to a local food distribution company.
EU Commission report on consumer product traceabilityShantalla
Final traceability report completed in late 2013 after a 24 month research project commissioned by the EU DG SANCO - consumers and health. Project team consisted of public and private sectors: 3 EU regulators, 3 brand owners, 3 retailer and 3 experts. I had the privilege of being one of the experts and facilitating the project for approx. 12 months.
Traceability in Food Processing - Is Your Business at Risk?Blytheco
Join our panel of experts to hear about the risks, challenges and opportunities for food processing companies when it comes to traceability across the supply chain. Regulatory and market changes are creating new challenges for food processors – our panel of experts offers their take on the most pressing issues and how to solve them.
Traceability identifies the path from where a product originated to where it has been supplied, and consists as a series of interlinking chain of records either between process steps in an individual food (or feed) business operation and/or between different stages in a food supply chain.
Globalization and cross-national trade of food products have increased the number of foodborne illness in
many countries. Outbreaks of botulism, salmonellosis and listeriosis are considered to be the largest food
poisoning outbreaks which cause millions of illnesses, thousands of hospitalizations, and many deaths
every year.
We manufacture the machinery displayed in the powerpoint slideshow, required in fisf feed / poultry feed plant.
Please contact me at : saikatray159@gmail.com
PROVE IT OR ELSE! Traceability – regulation and consumer demands on your data...CTRM Center
The commodity business has always been fraught with complexity, but under increasing scrutiny from legislators, regulators, consumers, and therefore auditors, that complexity is growing steadily and inexorably. One significant challenge in which complexity is increasing, is the need to track commodities, consumables, and fuels, from source to market. It is no longer the case that buyers can simply pick the best price in choosing a supplier as concerns over issues like food safety, as well as an increasingly savvy consumer that is concerned over abusive labor practices, workers rights, and environmental issues, for example, are increasing the traceability complexity across almost all supply chains.
The recent Trade Facilitation and Trade Enforcement Act, for example, has tightened import controls into the US allowing customs to detain and seize any product thought to have been produced with child labor. The legislation has already been used to detain a shipment entering the US. In order to release a shipment, the owner is required to prove that the custom’s suspicions are incorrect. This is a good example of how a myriad of new rules and regulations are forcing commodity firms to pay much closer attention to traceability. Increasingly, the onus is on the owner of the commodity or product to prove compliance with standards for environment, labor and sustainability etc.
Traceability is not only newsworthy, but investment worthy. Food producers have purchased and installed traceability systems to track the grain in a cereal box to the farm and the apples in vat of apple juice to the orchard.
Report - Food and Beverage - Improve TraceabilityLoftware
As the food and beverage industry has become more global in scope, health and safety concerns—and regulations—have mounted, and the risk of product recalls has put a greater focus on traceability across the extended food supply chain. Competition is intense to begin with, and mergers and acquisitions intensify it even more so, putting pressure on companies to become more efficient if they want to stay both competitive and profitable. Consumers are more demanding, calling not only for greater variety but for more information on the product they’re consuming. (What’s in it? Where does it come from?) In this environment, as labeling is growing in importance, Enterprise Labeling is providing a powerful new solution that helps companies improve traceability, sustain compliance, reduce costs, and drive overall operational efficiency.
Quality Product Supply Using Block Chain in AgricultureYogeshIJTSRD
With accelerated globalization and excessive opposition with inside the market, food deliver chains have come to be longer and extra complicated than ever before. There are a few not unusual place issues in food deliver chains along with food traceability, food protection and quality, meal and deliver chain inefficiency, which upload extra dangers at the whole society, financial system and the fitness of human. The block chain is a ledger of bills and transactions which can be written and saved with the aid of using all participants. It guarantees a dependable supply of reality approximately the country of farms, inventories and contracts in agriculture, in which the gathering of such data is frequently exceedingly costly. Jerald Astin D | Vignesh Raj R | Ahmed Mudassar Ali "Quality Product Supply Using Block Chain in Agriculture" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-3 , April 2021, URL: https://www.ijtsrd.com/papers/ijtsrd40016.pdf Paper URL: https://www.ijtsrd.com/computer-science/other/40016/quality-product-supply-using-block-chain-in-agriculture/jerald-astin-d
Welcome to the January Edition of Crisis Management’s RecallRegister, Aon’s monthly recall and product safety newsletter. This publication provides a review of the month’s recalls asreported by the U.S. Consumer Product Safety Commission (CPSC), the U.S Food and Drug
Administration (FDA), the U.S. Department of Agriculture (USDA), National Highway Traffic Safety Administration (NHTSA) and the Canadian Food Inspection Agency (CFIA). In addition to recall announcements, RecallRegister provides an update on the product recall and contamination insurance marketplace and environment. Each month, we highlight issues of importance including new markets and capacity, significant recall events and changes in legislation affecting the consumer products industry.
60 seconds with steve hobbs pharma times aprilSteve Hobbs
Patients and Healthcare Professionals can scan a unique code on the pharmaceutical packaging/label with their smartphone to instantly access information and download Apps to help improve health outcomes.
Unicheck has a Secure Global Platform for Individual Product Tracking & Tracing, Authentication and Anti-Counterfeiting and 1:1 Customer Communication
www.unichecksrl.com
Presentation by Christian Schultze-Wolters, IBM Director Blockchain Solutions DACH, during the meetup "Blockchain in real life" in the Digital Hub Logistics, which had been conducted by IBM in cooperation with CHAINSTEP
3 key advantages of e2 e supply chain visibilitySameerShaik43
It is vital for logistics providers and their customers to stay updated with current events. Collecting and analyzing real-world data enables the forecasting of the unknown. Strong leadership is founded on an open and honest basis.
https://www.tycoonstory.com/business/3-key-advantages-of-end-to-end-supply-chain-visibility/
The Traceability Revolution: How Software Is Reimagining Food SafetyHarry Shawn
Picture this: you're about to take a bite of your favorite chocolate bar, savoring the rich flavors and anticipating that moment of bliss. But have you ever stopped to think about the journey this treat has taken before reaching your hands? From cocoa bean to factory, from production line to store shelf - every step along the way can potentially impact the safety and quality of what we consume. In a world where foodborne illnesses are all too common, it's time for a revolution in food safety. Enter software technology, transforming traceability practices like never before.
The Importance of Food Safety in Today's World
In today's fast-paced and interconnected world, food safety has become more important than ever. With globalization allowing for the rapid movement of goods and ingredients across borders, the risk of foodborne illnesses and contamination is a constant concern. We are no longer limited to consuming local produce; instead, our meals can come from all corners of the globe. While this opens up exciting culinary possibilities, it also poses a challenge: how can we ensure that the food we eat is safe?
Thankfully, technology has come to the rescue in the form of software solutions that enable traceability throughout the entire food supply chain. With these advanced systems, it is now possible to track every ingredient from farm to fork, ensuring transparency and accountability at every step. By digitally recording information such as origin, manufacturing processes, and transportation conditions, companies can quickly identify any potential risks or issues and take immediate action to address them.
Furthermore, software-based food safety systems also empower consumers to make informed choices about what they consume. Through mobile apps or scanning barcodes on product packaging, individuals can access detailed information about where their food comes from and how it was handled along its journey. This not only helps protect personal health but also holds companies accountable for maintaining high standards throughout their supply chains.
Ultimately, in today's globalized world where our groceries often travel thousands of miles before reaching our plates - knowing that our food has been produced safely is paramount. The traceability revolution brought by innovative software solutions ensures that everyone involved - producers, retailers, regulators
The Challenges of Traditional Food Traceability Methods
Traditional food traceability methods have long relied on manual processes and paper trails, making them highly susceptible to errors, inefficiencies, and fraud. These outdated systems often involve different parties in the supply chain keeping separate records, leading to a lack of communication and transparency. Moreover, relying on paper-based documents makes it difficult to track products in real-time, leaving room for delays and inaccurate information.
Why consumers lost trust in the food industry, and how technology can help re...Marton Ven
For the consumers, it seems like the state of food safety would be worse each year. What led to this growing dissatisfaction? And how can food companies restore the trust with the help of technology?
Similar to Transforming traceability in the supply chain - a whitepaper from Advanced Business Solutions (20)
In a recent survey of 250 senior IT & business decision makers by Cloud Industry Forum, 61% expressed concerns over data security in the cloud, despite the fact only 2% have ever experienced a cloud-related security breach. Talk of the cloud and cloud technology has been rife for a long time now, yet there
are still many businesses that subscribe to out-dated
myths, such as data security.
The last few years have seen a marked increase in the
popularity of the cloud but for many it’s another tech
innovation that everyone tells them they need but that they
don’t fully understand. There’s a distinct hype surrounding
discussions on the cloud, but for the most part, they come
across as semi-intelligible fog, full of jargon fi lled techspeak,
with a lack of clarity about the business advantages.
In this whitepaper, we’ll lift the haze around the cloud and take
a straight-forward approach to explore the benefits, making it easy to determine if the cloud is right for you. We’ll clearly state the benefits of using the cloud as well as give an overview of the perceived risks and remove some of the common misconceptions.
Given that most companies are struggling to achieve healthy growth in the current climate, fraudulent activity cannot be tolerated, however minor some of the individual ‘crimes’ being committed appear to be.
While the typical employee misdemeanour may not be on the same scale as those that transpired from the recent MPs’ expenses scandal, the amounts involved soon add up and can present a risk to company profits.
Alarmingly, KPMG uncovered a dramatic increase in the number of cases involving the exploitation of weak internal controls – up to 74% in 2011 from 49% in 2007. This suggests that many organisations are not adequately protecting themselves from losses incurred through employee crime.
It is also likely that the problems are more widespread and costly than these surveys suggest, since many cases of fraud go unreported either because companies are failing to monitor and measure instances of internal crimes, particularly below a certain threshold, or because they prefer to handle any cases that do emerge internally to minimise any negative PR.
If you would like more information on improving internal controls and what a robust, secure finance system should look like please contact us on 01582 714 810.
Now is a very exciting time for charitable fundraising. Not only is economic confidence slowly recovering, there has also been a fundamental change in the way causes are promoted which is having a massive impact on public donations.
Web- and text-based donation platforms, boosted by vast-scale viral promotions over social media, have altered the way people give - and the way not-for-profit (NFP) organisations raise awareness for their activities. What’s so powerful about these more dynamic fundraising opportunities is that they can have a huge and immediate impact, in a way that is both highly targeted, yet with vast reach – and typically for a fraction of the cost of traditional campaigns.
In the third sector, the transition to emerging Web 3.0 opportunities has prompted its own new terminology. Charities and NFPs are now being encouraged to adopt ‘Fundraising 3.0’ strategies – ie new approaches to fundraising based on analyses of donor behaviour.
But how geared up are charities and other NFPs to take full advantage of these new opportunities?
We hope you find this whitepaper useful. To find out more about the technology available to help with Fundraising 3.0 please contact us on 0845 160 6162
As the Coalition Government promises to tear out large sections of the rulebook and relax targets in an attempt to ease the strain on struggling UK businesses, it is tempting to conclude that environmental sustainability initiatives can be put on a backburner. In crisis mode, the country and its commercial entities surely have more pressing concerns?
Keeping the lights on remains one of them and this demands that organisations can continue to balance their books. Evidence has shown that there is a direct correlation between energy efficiency and cost efficiency for a business. As a result, the attention paid to carbon emissions monitoring and management is no longer something that is automatically handed over to corporate social responsibility and marketing teams.
At more astute companies, the discipline is now firmly on the radar of the finance department. If international pledges and government targets around global warming have done anything positive for businesses, it is to encourage them to measure and gain an appreciation for just how much wastage goes on in companies – and how much this is costing them.
The following white paper assesses the current landscape for carbon emission monitoring, exploring not only companies’ regulatory responsibilities for behaving in a more environmentally sustainable way but also how, through systematic, integrated measuring and reporting, they can substantially reduce their internal costs at a time when energy prices and other business costs are escalating at a punishing rate.
To find out more about our carbon accounting solutions please contact us on 01582 714 810.
One of the fastest ways to derail employee engagement and satisfaction is to make a mistake with payroll. Late salary payments, inaccurate holiday pay and miscalculated benefits can undermine morale and reduce
productivity.
So why do so many business leaders still regard payroll as a routine administrative procedure that is a cost centre? A typical company spends between 50 and 80 percent of its expenditure on payroll, and the costs of
preparing and administering these payments are significant. Despite this, a recent survey found that less
than half of businesses measure the efficiency of their payroll function, and three quarters said that they had no plans to investigate implementing a payroll strategy to reduce costs and add value to their business during the downturn.
In the UK today, relatively few organisations see payroll as a strategic function, with half of companies handing over full responsibility for payroll to the finance function, with one in five opting to outsource the function completely.
It is about time that the payroll department is recognised as having a vital role to play in helping businesses to survive and thrive in a tough economic climate.
Contact us on 01582 714 810 to find out more about the payroll technology available to help your payroll department become the value driver of the organisation.
In our recent survey of people in more than 100 mid-sized companies, we explored the frustrations of people responsible for processing financial data and also tried to understand the needs of those outside the finance department who rely on financial information. This survey was supported by interviews with consultants working for mid-sized companies, and the input of managers at mid-sized companies via a roundtable discussion.
What became clear is that all is not as it should be. For example, more than 60% of people within finance functions recognise that they need to improve their financial processes and nearly 30% of end users believe that the data they receive is inaccurate, making it difficult to use financial information effectively in their roles. Yet, in many midsized companies, these issues remain unaddressed, either because of a perceived lack of time (63% of finance respondents) and/or a sense that the business is unlikely to act even if better options are identified (29%). That’s set against the small minority (17%) of people within finance departments who believe that a more frequent review of finance processes and technology simply isn’t necessary in the first place.
Our research suggests that the vast majority are right: things could be better. Much better, in fact. The potential benefits of better financial systems range from lower headcount within finance and the avoidance of revenue leakage and improved cash flow, through to better management of all aspects of an organisation.
To find out more about the latest technology can help improve your financial accounting and promote growth within your organisation, please call us on 01582 714810.
Advanced Business Solutions surveyed over 300 UK-based Not-for-Profit (NFP) organisations – charities and membership organisations – to investigate how well they’re managing their membership data.
The results were surprising. According to the report, 96 per cent of NFPs are struggling to manage, decipher and capitalise on the terabytes of data they hold about their members and supporters.
Nearly all NFP organisations are struggling to effectively collect and analyse valuable data which, as a result, threatens to erode hard-won loyalty. It also reveals that 75 per cent of those surveyed don’t have the time, skills or funds to resolve these issues – threatening their long-term success.
We hope you find the report informative. If you want to talk more about how we could help you handle your data in a specialist CRM system please give us a call on 08448 155 640.
We asked over 300 senior finance professionals from across the Public Sector about how they manage their budgets. This infographic shows what the public sector say are the main challenges and what are the most important improvements to the budgeting process.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
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Transforming traceability in the supply chain - a whitepaper from Advanced Business Solutions
1. Squaring the circle: Transforming
traceability in the supply chain
Executive Summary
From the food we eat and the medicines we take to the gadgets we buy and the vehicles we
drive, consumer buying choices used to be based on trust. But this trust has been eroded over
time by a spate of media scares which have led customers to question the integrity of brands
they once relied on.
As a result, customers are now paying much closer attention to the information available about
a product’s origins, and the processes involved in making and bringing goods to market.
Restoring consumer confidence means that supply chains need to work harder to tighten
controls, improve visibility across their processes, and provide a joined-up picture of a product’s
journey from the field or factory to the customer’s front door.
The following white paper explores the traceability challenges facing organisations as they
make, process, distribute and sell products, the reasons they now need to overcome these
barriers, how they might approach this, and what they stand to gain as they achieve greater
transparency both throughout their operations and along the supply chain.
www.advancedcomputersoftware.com/abs
Version 1.0 0413 Copyright Advanced Business Software and Solutions Limited 2013
White
Paper
2. White
Paper
Introduction
Whether companies are making or handling food items, pharmaceutical goods, electronic
devices or vehicles, the ability to trace individual products right back along the supply chain to
their original source is now paramount. This traceability must extend to individual ingredients,
raw materials or components, and the processes and transitions involved in getting products
to market. Growing concerns about the exact content of foods, the integrity of meat supply,
animal welfare, working conditions for people, and environmental factors means consumers and
regulators are becoming a lot more interested in the detail on product labelling.
Increasingly, the primary reason for improving product traceability is customer confidence.
Industry regulators are demanding greater transparency too – not only for health and safety
reasons, but also so that advertising claims can be substantiated or contested. That includes
statements about a product’s organic/’natural’ status, its carbon footprint, and ethical properties
(such as Fair Trade and ’free range’), as well as testing and quality control processes.
Another common driver is risk reduction. Here the emphasis is on ensuring that any faulty
or contaminated product batches that have already entered the market can be located and
contained quickly, so that companies can avoid the huge cost and brand damage associated
with blanket recalls. Transparency is also important in establishing cause and responsibility if
something goes wrong.
Achieving comprehensive traceability isn’t easy however. Information capture and recording
behaviour and methods vary considerably from one industry and one company to another. The
greater the number of raw materials/ingredients involved, and the more involved and complex
the supply chain, the harder it is to maintain a clear line of sight across a product’s journey.
Yet manufacturers, distributors, wholesalers and retailers cannot dismiss the requirement.
Failure to respond to consumers’ demands for more granular product information could result in
a loss of business.
Large retailers and original equipment manufacturer (OEM) customers which are now expected
to show increased detail to consumers will push that requirement back down the supply
chain, preferring to do business with suppliers that can support them in their transparency
and traceability initiatives. From the farmer and the production facilities they serve, to the
chemical manufacturers providing raw ingredients to pharmaceutical and cosmetics companies,
no link in a supply chain can escape the need to capture, record and pass on accurate and
exact traceability data. Having insufficient resources or inadequate technology is no longer an
acceptable excuse for a company not to do its bit.
What is traceability?
Traceability, in the context being considered here, is the ability to verify the history, location and
application of a specific, identified product from creation to the point that it is brought to market
– by means of continuous tracking and recording. To be of comprehensive use, detail must be
recorded about where the product (and its constituent parts) came from; where each element
has been along the way, and when and what happened to it at each stage.
The more detail that can be captured, and the more this can be preserved in its original form to
protect its integrity, the more reliable and valuable it becomes. Often, traceability information
is compromised and detail is lost as a product passes from one company to another along the
supply chain – for example as raw materials are combined in a manufacturing or processing
plant, or as goods are repackaged and rebranded.
3. White
Paper
As supply chains become increasingly global, consistency in information provision can be
particularly hard to maintain – for example where manufacturers and distributors may be
working to different requirements and standards, recording different information in different
ways.
Information about where and how products have been processed, stored and transported
is important too. These factors could have a bearing on quality, freshness, or scope for
contamination/cross-contamination (with implications for allergy sufferers, or general health and
safety, in the case of food).
Information also needs to be location- and time-specific, so that in the event of an issue
companies are able to pinpoint which production line was involved and which workers were
on shift. Date and time information is also essential to ensure that the use-by date of a final
product reflects the shelf life of all raw materials.
Traceability is particularly important in the food industry, and for other products where quality
is critical - such as medicines, medical devices, safety equipment, products for babies and
children, and vehicles and their components. But it also has value in almost all industries, for
reasons of quality control, regulatory compliance, risk reduction associated with product recalls,
and the ability to support the increasingly stringent requirements of OEM customers, retailers
and consumers.
Some notable sector-specific requirements are outlined below.
Food & beverage manufacture and supply
The food and drink supply chain is the UK’s single largest manufacturing sector and accounts for
7% of GDP. The sector employs 3.7 million people and is worth £80 billion per year. But Britain
imports 40% of the total food consumed, according to Global Food Security, and the proportion
is rising.
The UK horsemeat scandal of 2013 highlighted everything that can go wrong in a complex
supply chain where traceability is compromised. The controversy arose when several lines of
supermarket foods, including frozen lasagnes and burgers labelled as beef products, were found
to contain horsemeat.
The initial uproar was down to the fact that eating horsemeat is taboo in the UK. But, even
more sinister was that the event uncovered large-scale mislabelling across the packaged meat
products industry, with multiple cases emerging of cheaper products being used to replace or
bulk out more expensive meats. Reports pointed to cross-contamination of chicken with beef
and pork waste, causing anger and distress to those whose religion dictates that they avoid
pork.
The ensuing crisis in public confidence as consumers realised they could no longer trust what
they were eating led to a massive slump in sales of processed meat products. In the supply
chain, meanwhile, a blame game began as farms, processing facilities and supermarkets each
denied responsibility for the deception.
Under EU law, ’traceability’ means the ability to track any food, feed, food-producing animal
or substance that will be used for consumption, through all stages of production, processing,
storage and distribution. Current European requirements around food traceability are set out at
http://ec.europa.eu/food/food/foodlaw/traceability/factsheet_trace_2007_en.pdf.
4. White
Paper
But what the horsemeat scandal showed was that the existing measures have not been robust
enough to prevent fraudulent practice.
As a result of the scandal and its aftermath, the European Commission has been working
towards extending mandatory origin labelling of all types of meat used as an ingredient in
foods, and the unprocessed meat of sheep, goat, pig and poultry, to improve the level of food
information provided to consumers. Mandatory origin labelling could be extended to other
unprocessed meats such as horse, rabbit, game meat, etc, as well as milk; milk as an ingredient
in dairy products; single ingredient foods; unprocessed foods; and ingredients that represent
more than 50% of a food.
For consumers, confidence will be restored only when there are much stricter controls in place
and when there is complete, unambiguous labelling that is more closely monitored and vetted
by the authorities.
Consumers are paying closer attention to food and drink for many other reasons too. Already
more likely to check labelling for information about fat, sugar and salt content, customers
increasingly also want to know more about the source of products – for example whether they’re
British and local, or whether they are Fair Trade. Interest in organic and free-range produce
is on the rise again too. Concerns about genetically-modified produce and the potential for
‘outcrossing’ are also causing consumers to pay more attention to food packaging. Meanwhile
those with allergies or other diet restrictions want to be sure that they are successfully avoiding
ingredients they can’t or don’t want to ingest.
Also under review are best-before and use-before dates, as a better balance is sought between
food safety and unnecessary waste.
For complete consumer confidence, food producers and handlers need to be able to offer as
much detail as possible about how products came from the field and factory to their table.
Origin labelling and the traceability chain behind it needs to go deep, pinpointing where the
product was grown, bred and made – down to the country, county, farm, field or greenhouse,
and even the precise plant or animal, and the conditions in which these were grown or bred.
This level of information is not only important for consumer safety, and confidence about food
quality and integrity, but also so that contamination or infection outbreaks, environmental
issues, and localisation targets can be monitored and managed.
Pharmaceutical/medical devices
In common with the food industry, the pharmaceutical and medical device sectors have
strict labelling and traceability requirements, largely because of safety considerations. The
implications of product recalls can be severe. In July 2013, Johnson & Johnson agreed to pay a
£14 million settlement following claims that it had misled investors about quality control failures
leading to recalls.
Industry regulations are being added to all the time. For example, the introduction of the
Falsified Medicines (FM) Directive in June 2011 tightened the regulation around the supply of
drugs within the EU. This was in response to estimates that about 1% of drugs sold within the
EU through legal channels were ‘fake’ - either not working or containing harmful substances.
The FM Directive introduces new rules to regulate the supply chain more rigorously and reduce
any risk to the public.
5. White
Paper
In parallel sectors such as cosmetics, transparency is also needed to ensure controls over animal
testing are observed right along the supply chain. There has been a recent clampdown here too,
with a series of additional requirements introduced under a new EU Directive.
If adverse effects are found in medical products, it is vital that the affected products are recalled
swiftly, and origin information and supply chain traceability ensure that this can happen. Medical
devices are subject to similar controls to those governing drug supply. In this sector, the PIP
breast implant scandal has been one of the contributors to new traceability requirements which
will soon be introduced across Europe. Stricter monitoring and certification procedures will
be required to ensure full traceability of medical devices. The aim ultimately is to establish a
standardised unique device identification (UDI) with global application.
In a life sciences context, traceability involves being able to pinpoint the original batch a
product came from, and the same for all of its source components. Information needs to be
captured and made accessible on expiry dates, quality assurance (QA), supplier controls and
conformance, and the audit trail preserved across branding variations, and any changes in
packaging. Continuity must be preserved and time-specific information captured for each touch
point along the processing and supply chain.
Electronics & hi-tech manufacture
Now that almost every aspect of life and work is automated and controlled by electronics, the
reliability of those machines and gadgets is more critical than ever.
For the manufacturer, quality control is vital to maintain the customer experience and reduce
risk to the business through brand damage and costly recalls if defects appear in finished
products due to faulty components. In some cases, failing electronics can be a safety hazard; at
the very least they are an annoyance and an inconvenience, and no manufacturer wants to see
business drain away as their brand suffers poor online reviews or a public blasting over social
media.
In December 2013, TVs produced by the now defunct US electronics manufacturer Coby had to
be recalled after electronic components were found to fail, catch fire and ignite nearby items,
posing fire and burn hazards. As the company had gone out of business, eight retailers stepped
up to voluntarily recall the televisions. Earlier that year in the UK, Hotpoint had to recall 71,000
dishwashers, also following fire fears after consumer association Which? identified electrical
component failings in a small number of cases.
Staying competitive in an aggressive global market means maintaining high levels of quality,
while keeping costs under control. But if components are being sourced from the other side of
the world, maintaining consistent standards isn’t straightforward. Traceability not only enables
the compliance needed to gain quality stamps, it also helps to maximise supply-chain efficiency
by keeping production lines flowing, while minimising product issues.
In the electronics sector, traceability has direct application in:
• Parts tracking;
• Reverse logistics (returns, etc);
• Warranty information/serial tracking of raw materials and finished goods;
• QA clearance;
• Packaging (ensuring that items are packed in suitably protective packaging);
• Safe storage, handling and transport of high-risk/temperature-sensitive items.
6. White
Paper
Automotive industry
The automotive industry is highly controlled too, and traceability’s role again is to ensure quality
and reduce risk, through close monitoring of everything that goes into making and testing a new
car. No car brand wants to be associated with driver safety concerns, and product recalls can be
a costly and logistical nightmare.
In early 2014, respected British car manufacturer Aston Martin was forced to recall a staggering
75% of all cars it had built over the previous five years after it came to light that a Chinese
supplier had used fake materials in its vehicles’ accelerator pedals.
In the automotive sector, traceability has particular application in the following areas:
• Parts control, for example when multiple suppliers provide same parts at different times;
• Part versioning, which can lead to obsolesce;
• Supplier QA conformance;
• Production line history (including information about which finished products components
have been used in);
• Recall data.
Transforming traceability with technology
Given the costly implications for companies that aren’t on top of supply chain traceability, it is
surprising that improving this capability isn’t an urgent priority. Yet too many organisations still
see this as an expensive cost that adds no value to the business. They also perceive end-to-end
traceability as an onerously complex challenge to overcome, because of the different parties
involved.
Where companies have no choice but to make significant improvements, for the sake of
regulatory compliance and/or to win back customer confidence, one approach is to employ Six
Sigma style process changes to ensure a comprehensive approach to quality control. If they
get their own house in order, they will be in a stronger position to fight their own corner in the
event of a problem, and to work with partner organisations along the supply chain to extend any
improvements.
To combine reliability with efficiency, however, companies need joined-up technology: an
optimum blend of systems and software that can capture and record the right information at
each stage, so that it can form part of a holistic, traceable record of an individual product’s
journey.
Start with what you have
It is a misconception that achieving traceability automatically requires new systems. Often, a lot
of the information required for product traceability already exists; it is just that it is distributed
across a number of disparate systems and cannot be easily consolidated to create the holistic,
bigger picture that is now needed. If an investment in new software is needed, it may only be to
pull all of the fragmented data streams together in a central place (unless any manual processes
remain which also need automating).
7. White
Paper
More often the barriers or gaps appear between organisations, up and down the supply chain. In
a food supply chain, a market garden farm may be attentively recording information about each
lettuce it takes from the ground, recording information about where it was grown, when it was
harvested, tracking each plant from the soil to a tray, pallet, and the particular picking machine
and operator involved. Unfortunately, though, weaker links along the onward supply chain could
undo all this good work.
At this point of origin, product information is at its richest. But once the produce leaves its
source, the traceability line often gets weaker as detail is lost. Advanced shipping notifications
(ASNs) typically only pass on basic information about the type and quantity of products on a
pallet. And with each subsequent process – for example as the product passes to a wholesaler
and is repackaged – more information is separated from the item, and lost forever. As the
product moves on to a shop or production environment (where it is used to make something
else), only the tiniest level of detail is carried forward with it. If a problem is discovered down
the line, or the consumer has a complaint, the issue becomes hard to trace because the
information chain has been broken in several places.
What’s needed to overcome this is a flow of information between systems and between the
different parties along the supply chain so that data richness is preserved on an end-to-end
basis and traceability isn’t compromised.
All parties need to work more closely too. A more controlled and compliant supply chain will be
achieved if there are fewer relationships, each of which is more tightly bound. This will help pave
the way for the integration of systems and sharing of information – not just for the purposes of
product traceability but to keep suppliers abreast of trends and projections that will help them
predict demand.
An integration specialist will be able to knit together a wide range of different systems so that
they can interact and exchange information. An effective way to achieve this is using web
services that preserve the integrity of existing systems but allow these to be interrogated
remotely over a secure network, on demand.
Purpose-built tools exist too, to enable reliable supply-chain data exchange between different
systems, allowing ASN or production information to be converted for use in an overarching
supply chain management system – one that maintains complete tables of data across the
entire cycle of a product’s creation and delivery to market.
Although use of the cloud isn’t essential to bring all of this together, managing all of this
consolidation and end-to-end traceability via a remotely accessible central resource can help
reduce administrative processing. This could enable correct labelling to be printed locally in
China at the point of manufacture and put straight onto pallets, so that all of the providence
information is shipped with the product, embedded in the label or radio frequency identification
(RFID) tag. This could cut inbound processing work by as much as 80% as the goods are
received, because all of the ‘paperwork’ has already been taken care of electronically.
Other technology developments aiding supply chain traceability are standards such as
universally recognised GS1 barcodes, and the XML format for exchanging and displaying data
electronically. In due course, Radio Frequency Identification (RFID) tags are expected to become
the dominant standard for identifying products automatically.
8. White
Paper
The options for data capture are broadening all the time too, making it easier for companies to
create rich information directly at each touch point – for example through the use of ever more
sophisticated mobile devices, voice recognition and portable document scanning (for capturing
driver notes, etc at the point of receipt, for example).
Specific functionality aiding traceability
To establish a comprehensive picture of a product’s journey that will fulfil operational, regulatory
and consumer requirements for traceability, manufacturers, suppliers and distribution partners
should be looking to develop and join up capabilities in all of the following areas:
Pre-receipt and receipt
• Generation of source data at the point of creation in the supply chain eg. factory, farm,
processing etc - providing labelling and pre-advice data for shipment. This could include
country, region, factory/farm, and machinery ID data, for example
• Transport information – e.g. detail about the voyage, vessel, shipment, container, vehicle
etc, with information from each point of contact
• Receipt-of-goods information, created using mobile devices along with pre-advice data,
maintaining links to the point of origin (which alone could enable up to 80% reduction in
administration effort and time)
• General receipt – the ability to capture multiple references including batch codes, lot
references, use-by date, best-before date, manufacturing date, etc
• Capture of temperature at receipt and put-away, creating an audit of environmental control
• Time- and date-stamped information about all movement, complete with operator identity,
allowing full contact information to be maintained
• Capture of serial details for each item, including all constituent parts.
• In-house actions
• Quality control, covering hold and release processes, grading, quarantine periods,
certificate/reference capture, each activity being date-stamped so that the quality process
can be reliably audited
• Stock adjustments, allowing variations in units to be captured with references and
reasons, and details of who ordered and made the adjustments
• Scrap/disposal details – the recording of full ‘who, what, why, when, where’ information
related to the destruction of any items
• The ability to maintain origin information throughout any reassembly or repacking of a
product for onward use or to create a new brand profile.
Allocation and assignment
• Tracking of orders placed, and of the stock required to fulfil the order - as determined by
the client or the ERP/sales order processing system. Allocation criteria might be based
on default settings, a requirement to use only items from a specific batch or area of the
warehouse, measures to ensure stock rotation by expiry dates, and so on
• The ability to complete and record tasks and allocations with time and user information, so
handling information is complete
• The ability to record information about alternatives/exceptions when selected and allowed,
enabling operators to make informed operational decisions while ensuring that the data
remains accurate and that controls are safeguarded – so that if it’s acceptable to swap in
another item where this would make sense, this is permitted and recorded, but an alert is
issued if this action would breach the requirements for the current task.
9. White
Paper
Consumption
• The ability to ensure that items issued to production are time- and user-stamped, and that
this information is recorded along with information about the point of consumption, e.g. a
machine or process
• Time- and user-stamped recording of items selection for despatch, along with details of
the vehicle the products are loaded onto, the route being taken and the delivery address
• A means of re-scanning items returned from production back into store, maintaining their
origin and history information, including details of the machine they have been returned
from
• The ability to record and reconcile items returned from a despatch attempt, matching
information to original despatch and other historic data
Crucially, each of these processes needs to be recorded against the individual item as well as
every item, vehicle, person, machine, process, location, etc that it is in contact with throughout
its journey along the supply chain.
Next steps
While the technology to achieve a comprehensive line of sight along a product’s path from
original source to the end customer does not need to be anything revolutionary, success will
require skilled integration so that all of the selected data sources contribute to the bigger picture
- in a way that’s consistent, secure, reliable and of real business value. If the information being
compiled does not aid traceability at the point and time this is needed, all of the effort involved
in creating the audit trail will have been worthless.
Because wider supply chain traceability depends on the involvement of multiple parties,
individual companies may find it difficult to drive and effect all of the changes needed to deliver
a step change in visibility and compliance. Again it may be useful to engage the help of external
specialists, for example industry-sector advisors and software integrators. They will be able to
apply known best practice, and piece together fragmented systems so that they can exchange
data and create an uninterrupted flow of related information.
As ambitious an undertaking as all of this might seem, many companies already have the
necessary building blocks; it’s just that they aren’t yet working in harmony to deliver the insight
needed.
A logical progression of stages to work through might look something like this:
1. Begin by looking at the current and then the required capture and management of data.
As such activities grow, so must the knowledge of how to use the data to achieve the end
results needed.
2. Next, consider information openness across your company’s own supply chain. By making it
easier for partners to access information, companies will start to improve transparency and
foster a culture of collaboration, reducing the danger of cover-ups.
3. Establish a clear audit trail, whether system or paper based, along the supply chain – one
that can be used practically, ie. which yields usable insight in a reasonable timeframe.
4. Employ good, sound processes for quality control, such as Six Sigma or the equivalent.
5. Play an active role in relevant industry organisations where you may pick up useful advice,
and benefit from peer experiences. Communication and ideas-sharing is invaluable. Explore
how other industries handle traceability too, especially if they are further down the line.
10. White
Paper
Developing a business case for supply chain traceability initiatives will first involve an
assessment of the negatives being avoided – i.e. the potential cost of the risks of non-compliance,
the impact on future sales if products are sub-standard, and the cost to the
business if large-scale recalls are ever required. Then there are the positive efficiencies and
controls that will be introduced if there is a clearer line of sight across production and along the
supply chain. Ultimately, waste should go down and productivity up.
Greater operational visibility provides an opportunity to challenge decisions, consider options
and make new choices. Administration efficiency alone could drive down operating costs and
help get products to market faster. Until companies are better able to see and measure what’s
going on, their scope for improvements will be limited. Once information is rich, reliable and
connected, on the other hand, the potential to improve quality and increase sales will grow.
At the very least, simply knowing the information chain is robust will lift market and customer
confidence, and if customers are more confident they are more likely to buy.
Conclusion
Running a tight, auditable supply chain isn’t rocket science, but getting it right is something of
an art. Waiting for legislation to create the catalyst for improvements will be inevitable in some
sectors, but taking this as the sole influence is likely to drive up the cost of products to the
consumer. Looking for the strategic internal benefits from traceability is the key to maintaining
competitive pricing – through stronger supply chain relationships (allowing negotiation of better
terms), tighter quality control (reducing risk and waste), and improved productivity and speed
to market.
If companies wait until they are forced to undergo transformation, they jeopardise their ability
to plan for these benefits. The advantage of taking steps while time is still on their side means
they get to gear the new measures to their own advantage as well as that of regulators and
customers.
But even now the clock is ticking as traceability rises up the agenda for governments and
industry authorities, so there is no time to lose.
11. White
Paper
Source & resources
European Traceability Institute (ETI), February 2014: http://www.traceability-institute.eu/news.
html
Reports suggesting that food source controversies continue following the horsemeat scandal
uncovered in January 2013:
• The scale of the problem, BBC News online, April 2013: http://www.bbc.co.uk/news/uk-
21335872
• ‘British’ pork found to be Dutch at Tesco: http://www.telegraph.co.uk/news/
uknews/10312182/Its-all-Double-Dutch-at-Tesco-as-British-pork-chops-come-from-overseas.
html
New measures follow the crisis: Horsemeat: one year after - Actions announced and delivered,
European Commission, 2014: http://ec.europa.eu/food/food/horsemeat/
UK food imports 2012 to June 2013: www.gov.uk: https://www.gov.uk/government/uploads/
system/uploads/attachment_data/file/208436/auk-2012-25jun13.pdf
UK food imports, Global Food Security: http://www.foodsecurity.ac.uk/issue/uk.html
Supply Chain Management in the Agri-Food Industry/Investing in Traceability, research report,
Queen’s University Management School, Belfast: http://www.qub.ac.uk/research-centres/
ASSET/FileStore/Filetoupload,170541,en.pdf
Traceability in the Food Chain, A preliminary study, Food Chain Strategy Division, Food
Standards Industry, March 2002: http://multimedia.food.gov.uk/multimedia/pdfs/
traceabilityinthefoodchain.pdf
It’s time to scale traceability in the seafood industry, Guardian Supply Chain Hub, September
2013: http://www.theguardian.com/sustainable-business/scale-traceability-seafood-industry
Existing EU rules on food traceability, EU fact sheet/Health & Consumer Protection Directorate-
General, 2007: http://ec.europa.eu/food/food/foodlaw/traceability/factsheet_trace_2007_en.pdf
Ethical product guide to Supermarkets, from Ethical Consumer: http://www.ethicalconsumer.
org/buyersguides/food/supermarkets.aspx
New EU law on food information to consumers and actions relating to origin labelling, European
Commission: http://ec.europa.eu/food/food/labellingnutrition/foodlabelling/proposed_
legislation_en.htm
J&J Agrees to Pay $22.9 Million to Settle on Drug Recalls, Bloomberg.com, July 2013: http://
www.bloomberg.com/news/2013-07-17/j-j-agrees-to-pay-22-9-million-to-settle-case-over-drug-
recalls.html
An update on the EU regulatory developments in the life sciences industry, Lexology.com,
November 2013: http://www.lexology.com/library/detail.aspx?g=2b305acb-f5b8-4d8f-b812-
2a9873efce27
New rules on product transparency in the cosmetics industry, Speciality Chemicals Magazine,
December 2013: http://www.specchemonline.com/articles/view/new-rules-on-product-transparency-
in-the-cosmetics-industry#.Ux8EJM6O1rY
12. White
Paper
Medical implants: better controls and traceability to ensure patients’ safety, European
Parliament News, October 2013: http://www.europarl.europa.eu/news/en/news-room/
content/20131021IPR22721/html/Medical-implants-better-controls-and-traceability-to-ensure-patients%
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