Industry best practices

Building and protecting trust is a never-ending initiative. World-class companies focus on achieving food safety and quality, and implement the necessary culture and control systems. They also prepare in advance to address any issues that could occur in spite of their best efforts. 
In our experience, the following represent best practices in the global food industry. 

A positive culture of safety and quality everywhere from the farm to the shop floor

Behaviour change and continuous improvement are employed to establish and maintain a strong culture of safety and quality at every level of the organisation, both internally and in suppliers. Risks are identified and managed with ongoing hazard analysis and monitoring of leading indicators.

A risk resilient business culture and best practice behaviours start at the top

Executives must assume more supervisory responsibilities and be fully engaged with food trust issues. Participation in industry bodies and thought leadership is essential to develop a culture that is relevant and responsive to current and emerging issues.

Continuous review of supply chain risks and benchmarking against  best practice

The best companies have complete oversight over their suppliers and every stage of the supply chain, with risk management procedures tailored for multiple geographies. These companies regularly reassess supply chain risks and benchmark against current best practice. 

Performance improvement and strategic alignment

Best in class companies ensure that their resources and efforts are focused on fighting their biggest threats. They conduct stringent risk analysis of areas where food trust issues could arise, and consider the potential impact to the organisation’s value and ability to achieve strategic objectives.

End-to-end integration of food supply chains within organisations

Vertical integration offers maximum control and transparency throughout the entire supply chain, and enables a more structured approach to risk management and crisis planning.

 Investment in technology-enabled solutions

The best companies continuously invest in new technology to enhance controls, monitoring, hazard detection, traceability and data analysis.

Transparency and a focus on crisis management

Trusted companies approach food safety issues and crisis events with swift remedial action and open, honest communication. They prepare for events with scenario analysis, planning and rehearsal, and have robust product recall and crisis procedures.

Pre-acquisition analysis and diligence

Operational and food trust due diligence is fundamental to managing risk in food sector acquisitions. This includes the systems and processes at production sites, as well as culture, governance, supplier risk and support functions such as HR and IT. 

Contact us

Amy Cai

Sustainability Managing Partner, PwC China

Tel: +[86] (21) 2323 3698

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