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Fighting the inevitable: tackling food recalls in the global supply chain 25th February 2016 From bs_admin

Fighting the inevitable: tackling food recalls in the global supply chain

The increasingly complex global supply chain has made food scares a common occurrence, with 63 food alerts issued by the FSA in 2015 alone. Food recalls are also on the rise: according to recent research, the number of recalls per year in the US has almost doubled since 2002. Unless handled effectively, product recalls can have potentially damaging consequences, such as loss of consumer trust and damaging the image of the retail industry as a whole.

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Corporate social responsibility needs are evolving 11th February 2016 From Sabrina Khaida

Corporate social responsibility needs are evolving

In recent years we have seen corporate social responsibility (CSR) evolve from an abstract line item on mission statements to become a real point of consideration for consumers. Retailers have seen it can even have an impact on the bottom line: a recent report found that a company with a reputation as a sustainability leader can expect 20% increase in revenue and customers are willing to pay a 20% premium for its products. Corporate social responsibility needs to extend across the global supply chain to eliminate problems, but with the right processes retailers and manufacturers can wage the war with better weapons at their disposal and preserve consumer trust.

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