Focus on Traceability Intensifies as Concerns for Food Origin, Safety Grow
As we become increasingly globalized, with more tiers and more hands touching the ingredients in our end-to-end food supply chain, the need for food traceability will only increase.

The unending headlines about contamination in our food supply has made food safety a major concern. Also consumers want to know how fresh is the food; where was it grown? Is it really organic? Food traceability is key to reliably answering these and other questions about our food supply. Food traceability involves recording the movements, hand-offs and processing that occurs as food ingredients travel all the way from "farm to fork."

Requirements are driven by safety, brand, and efficiencies:...
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Preventing Brand Damage: A New Bar Is Set for Food Safety Practices
To minimize potential liability and financial damage, organizations need to be proactive and have demonstrable systems in place to manage food safety risks across their supply chains.

Recent media coverage of deaths and illness due to the consumption of tainted food highlights a global problem--despite modern technology, food-borne illness is on the increase. Food safety incidents have serious consequences for growers, food processors, distributors, retailers and food service entities. These incidents can result in significant financial damage, including: cost of product recalls, decontamination and other recovery costs, lost sales, litigation costs, damage to brand and reputation, trade restrictions, and reduced company valuation or stock price.

Governments, consumers and stakeholders expect unblemished safety processes from farm to fork, and they increasingly do not care where in the supply chain the failure occurs. If your company is part of the chain of custody, your reputation and financial performance are at risk. Even retailers, once mostly shielded by the branded vendors from reputational harm, now face significant exposure through their own private label brands.

Complicating matters for both food safety and supply continuity is the increasingly global nature of growing locations, processing, packaging and markets. Food supply chains are now exposed to more points of hazards, contaminants, spoilage, delays, disruptions, hygiene issues and third-party participants. The global product recalls spurred by...
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There Are Seven Market Trends to Watch for in This Vertical in 2009
If history is our guide, sales of food and beverage products will rise in the economic downturn. Food staples (cereal, bread, milk) along with convenience meals will gain volume as more families eat at home. It appears that 2009 is a time for food and beverage manufacturers to create big brands in big economies.

Analysis of the food and beverage sector show there are seven primary market trends that companies active in this area should be aware of this year:

• Private-label purchases are rising. In 2008, Q2 consumption of private-label goods hit a record high unit share in the United States. Switching behavior was seen by consumers from all income levels. There has never been more pressure on food and beverage companies to drive platform innovation.

• Global competition is increasing. With the rise of global multinationals, supply chains become more complex with a focus on regional market execution. Expect greater brand evolution from emerging economies. As a result, 30 percent of food and beverage companies have formed supply chain centers of excellence to focus on ...
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Wireless Helps Food & Beverage Sector Control Costs
Currently, robotics and packaging applications use relatively higher level of wireless devices in the Food and Beverages industry. It is estimated that almost 50 percent of a processed food product's price is attached to its packaging. With the help of wireless technology, over 25 to 50 percent of damages due to...
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Tainted Food Could Be Good News for RFID Vendors
Recent national outbreaks of E.coli and salmonella poisoning are likely to prompt government mandates requiring that food products be tracked throughout their lifecycles--and that could prove to be a boon for radio frequency identification technologies.
The new mandates would come just as other first-generation track-and-trace tools start to spread through...
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TMS Helps Food Manufacturer Deal with Fuel Price Headaches
Over the past year, volatile fuel-driven transportation costs have caused headaches for food manufacturers like Pinnacle, whose brands include Duncan Hines, Hungry-Man, Armour and Vlasic. Vice President Greg Bostick explains how Pinnacle is using an...
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Past Food & Beverage News issues:
December, 2008
September, 2008

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